100% Mortgages - Why Use Us

What you would have to do without the 100% mortgages broker support

Find the right mortgage 100% mortgage

» Research all the different mortgages and loan schemes available and hope you find a cheap mortgage and one best one to meet your circumstances when buying a house. Please remember that 100% mortgages are increasingly hard to get at present.

» You will have to research all the different types of 100% mortgage rates to find the one most appropriate to your situation.

» Go to lots of high street mortgage outlets that provide 100% mortgages for information on house purchase and sort out which has the cheapest rate for a loan that suits you.

» Attend time consuming mortgage advice interviews to check you qualify for your chosen lender's 100 percent mortgage schemes.

» Check nothing has changed since you decided on a particular lender Wait for the adviser to assess your situation and get provisional approval of your required 100% mortgage loan.

Once the 100% mortgage advice has been accepted you then have to:

» Sort out a reliable surveyor to check that your property purchase is sound and that its value will match up to a 100% mortgage.

» Find a solicitor who is experienced in conveyances and remortgages.

» Check that all the paperwork is correct and suitable to your house purchase.

» Resolve any queries and problems arising from the advice of your professional team.

» Ensure that you have anticipated all the upfront costs correctly and are aware of deposit requirements etc so that your house purchase can proceed.

» Even though you are applying for a 100 percent mortgage you may well be expected to find a deposit payable on exchange of contracts.

» Then you need to sort out the physical requirements of moving home.

Here's how Click n go can help you with your 100% Mortgage Advice

In looking to take out a 100% mortgage you have to look at other issues. The first is that the vendor may insist on a deposit being paid on exchange of contracts. This will be negotiated by the legal advisers for both vendor and purchaser. The normal starting point is 10% of the purchase price. It can then be negotiated downward (subject to both parties agreeing) to as little as zero. Even if it is zero you will still need to find money over and above the loan to cover stamp duty (if payable) and legal fees. It is also possible that the property may need some work done on it if only decoration to your taste. There are schemes that will give you a personal loan over and above the secured 100% mortgage (subject to your status) which go a long way to help resolve these problems; but you must remember that it involves additional interest payments even though the rate is usually the same as that of the secured rate.

How we go about finding a 100% mortgage

Firstly using good independent mortgage broker advice is not usually free or cheap. It is true that we charge a fee for our support but you can see below the advice we give and the support you get throughout the process justifies the cost. We have access not only to loans of 100 percent but also mortgages of up to 125 percent mortgages of the property value.

The first way we can help you is to look at the whole 100% mortgage market, not just the high street, for the most suitable 100 mortgage loan using sophisticated software that is updated daily to give you the most accurate advice and cheapest mortgage deals available in the market. We will use our professional knowledge to present you with the cheap 100 percent mortgages that you will find most suitable. Remember not all loan schemes are available to the public direct and that a cheap 100% mortgage is not always the best. Some mortgage schemes are available only through mortgage brokers and not to the public directly. It is because we trade as an independent broker that we can provide you with such a wide range of 100 to 125% mortgage products. We will advise you on the cheapest among the type of rates available (fixed, variable, capped, collared or tracker) and how they can benefit you. We will maintain long term contact with you to ensure that your changing needs are met once any fixed rate period has expired and support you through any changes that need to be made.

How quick is the 100% mortgages advice process?

The second most important help we can give you is to ensure that you are supplied with quick, accurate and up to date 100% mortgage advice. You will need only one detailed discussion with us to establish your situation once you have completed our short online application. This advice can be given over the telephone with written confirmation issued by us within 24 hours. We can source the right 100 to125% mortgage schemes for you from all of those available in the whole market and not just the high street.

Once the initial discussion is completed we will obtain an offer in principle which will indicate how much the lender is prepared to lend to you provided the information obtained in our initial discussion is supported by satisfactory paperwork. A significant part of our mortgage advice is to ensure that you can afford a 100 to 125% mortgage and are aware of the costs of buying a property. Again we would point out that cheap is not always best and that it is the whole mortgage scheme that has to be considered not just the fees. Please also remember that any unsecured lending you may use to replace existing loans could well involve interest payment over a longer period of time.

Supporting your 100% mortgages application

As your broker we will monitor and ensure that the correct documentation is supplied to the lender to support the information supplied at the time of our mortgage advice and the application in principle.

As we mentioned above our systems are updated daily to ensure that the mortgage advice we provide is bang up to date. We will hear of any changes at the earliest opportunity and update you of its affect on your application to ensure you get a quick mortgage offer with the least fuss.

Helping you find professional advisors

We have regular contact with the surveyors and their reports. We can advise on the type of survey you should consider and help with any issues that may arise and the ways to go about obtaining further information that may be required regarding damp, dry rot or structural problems etc.

We have a panel of solicitors that we have come across in our routine business. They are both experienced in the legalities of the house purchase process and have demonstrated to us that they can provide a reliable service. It is of course up to you to select from this panel and it in no way restricts your right to choose one of your own. Our panel solicitors will provide an estimate of cost to help you make your decision.

Once the offer has been issued we will check to ensure that it reflects the loan you require and help sort any discrepancy or problems.

We will help resolve and explain any queries raised by the professional advisers working on you behalf.

As part of our initial discussion we explain the costs involved and the likely amounts needed to fund your purchase and explain when these amounts fall due. We also provide a budget calculator to check that the mortgage is affordable on a monthly basis.

In doing all of this we enable you to concentrate on the property you want and the physical requirements of moving house and maintain you’re working life as normally as possible.

Our aim is to provide you with a complete service so that you will know how much you can borrow, find you a rate that is cheap and suitable to your needs. You will be able to find the best property you can get and buy it with the most competitive and effective loan available to you within the market. This will be provided in the minimum of time possible to ensure you win the race for your ideal property.

Remember the quality of our service is the strength of our business.