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Don't let a mortgage get in the way...

Help to Buy - Mortgage Advisor

The right mortgage broker could mean the difference between getting a mortgage or not - and save you thousands,

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By Pete Mugleston   Mortgage Advisor

Last updated: 7th February 2019 *

Help to Buy mortgage broker

We get lots of enquiries from people who are unsure about the Help to Buy process and where to turn to for advice, many have already been declined a mortgage, or have experienced bad credit in the past and so are unsure if they can even get a mortgage. .

The good news is that the Help to Buy mortgage brokers we work with have a wealth of experience when it comes to finding the best Help to Buy mortgage deals and will also ensure that the mortgage you apply for is affordable and has a fair rate of interest for you.

To help you understand more about why a Help to Buy advisor can be invaluable through the Help to Buy process, we have gathered all the key information you’ll need to know including:

  • Why do you need a Help to Buy mortgage advisor?
  • What makes a good Help to Buy advisor?
  • Can you use an independant Help to Buy mortgage advisor?
  • Are there specialist brokers?
  • Can a mortgage advisor help you if you have bad credit?
  • Why you should speak to an expert Help to Buy broker
  • Speak to a Help to Buy mortgage broker

If you are looking for a for a Help to Buy mortgage advisor who will understand your individual situation and take this into consideration, contact us here.

Don't let a mortgage get in the way

We’ll find you a qualified and regulated mortgage expert who specialises in cases like yours

  • We don’t charge you anything for our matching service
  • Our form only takes a minute, then let us do the hard work

Why do you need a Help to Buy mortgage advisor?

Every lender has different rules about what they will and won’t accept from a borrower when it comes to income, bad credit, property type and even age.

Using online tools to get a quote for a mortgage can often provide an inaccurate reflection because they don’t take into account your personal circumstances which can have an affect on your mortgage rate and probability of approval.

Getting the best deal for you relies on a broker who knows the market and which lenders are more likely to accept your mortgage application. For an accurate quote and free advice about your Help to Buy mortgage, make an enquiry here.

What makes a good Help to Buy advisor?

A good Help to Buy mortgage specialist should take your in-depth personal information into account when finding you the best lender as this can affect the rates of interest you pay.

Listening to what you want and understanding your situation is what sets the advisors we work with apart from a standard broker with less experience.

Here’s how the mortgage advisors we work with can help you:

  • Search the whole of market and find the best  Help to Buy mortgages for you
  • Calculate your affordability to make sure that you can afford your mortgage and Equity Loan repayments
  • Explain the Help to Buy mortgage process
  • Take care of any paperwork and chase up solicitors or third parties if there are any delays

Can you use an independant Help to Buy mortgage advisor?

Often Help to Buy developers have their own in-house brokers and in some cases, those brokers are restricted to a smaller number of lenders that they can recommend. This can result in many borrowers being declined.

If you have been declined for a Help to Buy mortgage before or you worry that you might, there are other options. You might be surprised to know that you can use your own mortgage broker which can give you a wider range of mortgage lenders to choose from and in some cases a better interest rate.

We’re often asked, “Can I use a Help to Buy mortgage advisor near me?” This is often possible as we work with specialists all over the UK who have experience in finding mortgages every day. We only recommend advisors that we believe are a right match for you and your needs.

If you would like to find a Help to Buy mortgage specialist in your area, click here and one of our team can help.

Are there specialist brokers?

Yes there are brokers who specialise in different areas including:

  • Bad credit
  • Self employed applicants
  • Buy to Let
  • Remortgages
  • Holiday Homes
  • Equity Release
  • Lifetime Mortgages
  • Interest Only
  • Low Income
  • Non-standard construction properties

Unfortunately, some borrowers are declined in instances that they shouldn’t be because their broker lacks the knowledge and expertise that is needed to help them find a mortgage.

The good news is that we have helped many people who have been declined for a mortgage, often in cases where they have been told that because of their circumstances that they couldn’t get a mortgage at all.

Can they help you if you have more than one issue?

We have also helped many borrowers with more than one of the “issues” listed above. Often if you have multiple issues then the amount of lenders available to you may be restricted which could result in you paying a higher rate of interest on your loan.

However, we work with Help to Buy brokers who have accurate industry knowledge on which lenders provide the best rates for borrowers in your circumstances, which could potentially help you avoid this.

With access to hundreds of lenders, the brokers we work with will only recommend a selection that they think will be most suitable for you.

If you are looking for specialist advice, contact an expert today.

Can a mortgage advisor help you if you have bad credit?

Yes and we can put you in touch with a Help to Buy expert who specialises in bad credit mortgages.

The frustrating thing about “bad credit” is that every lender uses different credit reference agencies to score you so where one lender using Experian may decline you for a CCJ, another lender using Equifax might approve you.

This can be confusing and can put borrowers off when applying for a mortgage because they fear they will be declined.

However, it is possible to get a mortgage with bad credit and we have even helped people with severe forms for bad credit, including bankruptcy.

Do you have bad credit?

It’s recommended that you contact a “bad credit” mortgage broker who can go through your credit history with you and find any bad credit on your report. The advisors we work with can provide free trials on each of the mainstream credit reference agencies for you to help avoid any nasty surprises before you apply for a mortgage.

If you have bad credit this could include:

  • Low credit score
  • Late payments
  • Mortgage arrears
  • Defaults
  • CCJs
  • Debt management plans
  • IVA
  • Bankruptcy
  • Repossession

Contact a “bad credit” mortgage specialist here to find a mortgage that’s right for you. Alternatively, see our bad credit information section.

Why you should speak to one of the  expert Help to Buy broker‘s we work with.

Here at OMA we choose to strictly only work with brokers who uphold our values and offer a 5 star service.

The brokers we work with:

  • Are whole of market
  • Have a working relationship with all lenders, not just a select few
  • Are OMA Accredited advisors
  • Have completed a 12 module LIBF accredited training course

Speak to a Help to Buy mortgage broker

If you would like us to put you in touch with a Help to Buy mortgage advisor, call Online Mortgage Advisor today on 0800 304 7880 or make an enquiry here.

Then sit back and let us do all the hard work in finding the broker with the right expertise for your circumstances.  – We don’t charge a fee and there’s absolutely no obligation or marks on your credit rating.

Updated: 7th February 2019
OnlineMortgageAdvisor 2019 ©

FCA disclaimer

*Based on our research, the content contained in this article is accurate as of most recent time of writing. Lender criteria and policies change regularly so speak to one of the advisors we work with to confirm the most accurate up to date information.

The info on the site is not tailored advice to each individual reader, and as such does not constitute financial advice. All advisors working with us are fully qualified to provide mortgage advice and work only for firms who are authorised and regulated by the Financial Conduct Authority. They will offer any advice specific to you and your needs.

Some types of buy to let mortgages are not regulated by the FCA.

Think carefully before securing other debts against your home. As a mortgage is secured against your home, it may be repossessed if you do not keep up with repayments on your mortgage. Equity released from your home will also be secured against it.


Find out more about Help To Buy

Help To Buy Mortgages