Mortgages Manchester
Looking for a Manchester Mortgage can seem like a daunting task. It can be difficult to make progress or find a mortgage in Manchester that is specific to your needs and circumstances.
AR Mortgages provide a tailored personal service. We invest our time in you, making our money by saving you money. With our exclusive rates for buyers, we’re always happy to discuss our deals at a convenient time for you, morning, noon or night. We’ve saved 100’s buyers’ time, and most importantly money.
Our advisers will go through your personal circumstances at a time convenient for yourself so we can tailor a mortgage for you.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
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Key points which must be reviewed when buying your home.
- Find out how much you can borrow we will discuss your income, outgoings, future plans and savings to establish how much you can borrow and afford.
- Find a home that matches your affordability.
- View that property.
- Make an offer.
- Obtain an agreement in principle from the lender (not legally binding from the lender).
A mortgage in principle is also known as a Decision in Principle (DIP), Agreement in Principle (AIP) or mortgage promise. This is a statement from a lender saying that they’ll lend a certain amount to you before you’ve finalised the purchase of your home. … It’s important to note, though, that it’s offered in principle.
- Carry out a survey on the property.
- Choose a solicitor to assist with all the logistics in purchasing you new home.
- Exchange contracts.
- Mortgage completion.
- Move to your new home!
For full explanation of the steps please call and speak to one of our advisors, we will be more than happy to explain this in further detail with you.
| YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT. |
Living In Manchester
Manchester is a lively city brimming with character, whether it’s the Industrial Revolution or a musical revolution, Manchester is at the heart of it. From shopping at the Trafford Centre to watching football at Old Trafford, there’s something for everyone.
Its artistic, architectural, theatrical and musical influences help to make it one of the top 15 best cities in the world (Time Out ‘The 48 Best Cities in the World’ 2019).
From the city’s thriving arts scene and world famous clubs, through to a huge range of sports and more laidback events, Manchester is a celebrated hub of activity and creativity where everyone is welcome.
Manchester has more than 500 licensed premises in the city centre, from the Manchester Arena (which with over 21,000 seats is the largest indoor arena in Europe) through to any number of specialist venues catering for a huge range of musical tastes.
Manchester’s eclectic nightlife offers something for everyone, from the hipster bars of the Northern Quarter to the party palace of the Printworks.
Greater Manchester has the highest number of theatre seats per head of population outside of London, and covers the whole spectrum of fringe, opera, classical music and dance productions.
The city also boasts four professional orchestras, the only Comedy Store located outside of London, and a renowned independent cinema.
There are numerous literary festivals hosted across the year, as well as critically acclaimed exhibitions from world famous artists.
Travel in and around Manchester
Within the city you can use the affordable and efficient Metrolink (Manchester’s very own tram network) or extensive bus network to visit the various parts of the city and its surrounding suburbs.
By plane
Manchester Airport offers direct flights to more than 200 destinations across the world – more than any other UK airport – and was awarded ‘Best UK Airport’ in 2015 by the Globe Travel Awards.
Located just 20 minutes from the city centre, over 100 airlines and 300 tour operators offer direct flights to all of Europe’s major cities, as well as daily flights to the Far East and US; including four flights a day to New York.
By train
Manchester was home to the world’s first railway system, and this transport legacy still continues today.
The city region was ranked in the top 10 in Europe for transport links (Cushman & Wakefield’s European Cities Monitor) and there are 98 train stations covering the region, including trains to London every 20 minutes.
FAQ’s
How much can I borrow?
This will differ from lender to lender, some will use affordability calculators, whilst other lenders use income multiples. With an ever- changing mortgage market a lenders criteria will change, so we will need to review your circumstances to determine which lender will be best for you.
How long does it take to get an Agreement In Principle for a mortgage?
In most cases 1-24 hours. Once you’ve received an agreement, you’re ready to buy a property.
Explain the level of service that Alexander Ross Mortgages offers?
We’ll advise and make recommendations once we’ve assessed your needs. Everybody and each situation is different, but we’ve been through them all! Thriving economies, helping people with debt and CCJ’s, small business owners and we’re accomplished at helping our customers get the mortgages they need, in these tough financial times.
Is the lowest rate mortgage deal always the cheapest?
No, it’s not. When we’re recommending a mortgage deal, we’ll also look at the associated fees within the mortgage and build these factors in. We’ll give you the true cost of the deal. Our aim is to help you work though the benefits and drawbacks of all the deals on the table and work out the best for you.
How long will the buying process take, from placing a mortgage application, to getting our keys?
Well this will be determined by the property that you are purchasing. If you purchase a vacant property and you’re not in a chain, then it would be possible to get your keys within 4-6 weeks. However, if the property you’re purchasing is in a long chain, the process could take up to 12-16 plus weeks.
What else do I need to consider once I’ve had my mortgage agreed?
It is important to understand that this commitment is a serious one. You’ve made it for a variety of reasons, that other life factors may need to be taken into consideration. Your need for Life Assurance, Critical Illness, Income Protection, Accident Sickness & Unemployment, Home Insurance and Private Medical Insurance. All of which can be discussed in detail and can easily be arranged for you.
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