Fee Free Mortgage Advice
The Mortgage Hive
Our Worker Bees Will Seek Out The Best Mortgage Deals For You!
At The Mortgage Hive we understand that your mortgage payment will be one of your biggest monthly outgoings.
We will search the whole of the market to make sure nothing is overlooked.
If you would like to see if you can save money on your future payments, we will help!
Borrow from £25,000 to £1,000,000+
Poor Credit? i.e. Late payments, Default, CCJ, Debt Management Plan, Pay Day Loans
We will check the high street and specialist lenders
Always take into consideration your circumstances to find the product that will be most suited to you
Offers an efficient and professional service
Your Situation Is Unique
So Is Our Advice.
Whether you are just starting out, moving home, seeking to re-mortgage or looking to invest in a buy to let property. Whatever your current circumstances, The Mortgage Hive has you covered
Why You Should Use A Mortgage Broker!
Our advisers will take into consideration your requirements, then match them with the lenders criteria to source the best mortgage deals.
We will deal with the lender to ensure the process is swift, smooth & hassle free for you.
Other lenders also offer some mortgage deals exclusively to brokers, which you will not be able to access directly.
Due to the vast knowledge acquired from sourcing the whole market, the Mortgage Hive will give you guidance on which lender is most likely to approve your application. We will be able to give you a good idea if your application is likely to be approved in principle, which will remove the risk of damaging you credit history by having applications declined.
Not only will your consultant find the best mortgage you can afford, a good broker will also give you guidance on Protecting your family. This can include various Insurances such as:
It is important to schedule future reviews, to make sure you are always prepared for any changes in the UK market which could affect Mortgage rate.
As it will cut down on the amount of research you will need to find a competitive Mortgage with a Lender.
The Mortgage Process
We have mortgage calculators that can help, however this should only be used as a very rough guide. As the amount will vary vastly depending on your lenders criteria and your personal circumstances.
To get a true representation if you are eligible for a mortgage and what the mortgage will cost, you will need to complete a Fact Find with your Mortgage Hive Broker.
The ‘Fact find’ will consist of various sections designed to gather all your personal circumstances and credit history and the evidence to support it.
With a completed Fact Find, the Adviser is then able to go away and source the best mortgage deals for you.
At this stage we will be able to give you an indication of how much you will be able to borrow, what the monthly payment will cost.
The Broker will send over a Key Features Illustration. (KFI)
The KFI will clarify figures regarding:
Interest rates during and after the fixed period,
Any fees (including when and how they will need to be paid),
Any other additional features.
It is only valid on the day its produced, but will give you a strong indication on what is affordable to you.
As lenders have criteria regarding the property you pick. i.e. Listed building, Type of Property, Near Commercial, Acreage, Ex council, Type of construction.
You will need to pass this relevant information onto us. Your adviser will check your chosen property fits your lenders criteria.
At any stage in the process if the details in your initial Fact find change, please update your broker.
The Lender will check your circumstances match their criteria and asses affordability via your income and declared commitments which they will check by Conducting a Credit Search.
The Credit Search depending on lender can be either Soft or Hard.
A Soft Credit search has no detrimental effect on your credit report. It is only seen by yourself and the lender who conducted it.
However, a Hard Credit search, all future creditors will see. This will last on your credit report for 1 year. Please note too many of these in a short period will have a detrimental effect on your credit report and therefore hamper other credit applications.
Your personal Adviser, will be able to tell you which Credit Agency the lender will use and the type of search carried out, if you have any concerns about your credit file disclosure is always the best policy.
Please note all lenders will eventually carry out a Hard credit search, but this is done later on in the mortgage process.
Your Solicitor details.
Vendor / Estate agent details
Direct Debit details to make your mortgage payments.
Payment of any fees applicable (i.e. Valuation Fee, Lender Application fee).
Type of Valuation required. (Standard Mortgage Valuation, Home Buyers Report)
The lender will then check through the application and conduct a mortgage survey on the property. If the property is new, it maybe worth looking into a more thorough survey, please contact us for details.
The Mortgage Offer in most cases should be almost identical to the KFI that was produced.
There are 6 key stages to conveyancing
Exchange contracts you are now responsible for your new property, you will need to make sure building insurance is in place.
1. Initial stages, Engagement or confirmation of Terms of Business.
2. Pre-Contract Stage, Draft Contract and Searches
3. Exchange of contracts, You are now responsible for your new property, make sure your building insurance is in place. Ask your adviser for a quote.
4. Between Exchange and Completion
5. Completion (Moving Day)
6. Post Completion, register your ownership with the Land Registry.
Our Latest Reviews
Georgia Blackley5. May, 2022.VerifiedThanks to the Mortgage Hive we are finally on the property ladder! Paul helped us from start to finish with our first time buyer application, what we needed, what to expect and kept us updated every step of the way. Every question (trust me I had a lot) was answered promptly, confidently and simple for us to understand. Thanks again 🎉Susan PRICE27. November, 2021.VerifiedWould most definitely recommend the Mortgage Hive Very good at his job knows what he is talking about We had a very difficult application but Paul once again got the mortgage we needed Can't thank him enough for all his hard work and effort. If you are thinking of getting a mortgage, don't waste time looking go straight to Mortgage Hive.Karolis Marinskas27. July, 2021.VerifiedAbsolutely amazing support in every aspect. Clear explanations on what's required. Never thought I'll get accepted with such a great rate. Recommend 100% to everyone!Pierre Cervello29. June, 2021.VerifiedAs you have seen from the previous reviews Paul seems to be going above and beyond with all of his clients. I am a first time buyer who was not to sure how things worked and I don't think I could have fallen on a better person than Paul to guide me through it. Paul has just been amazing in every aspect of the services provided and I would recommend him to just about anyone with my eyes closed. The service he provided was just simply above and beyond from working out of hours to answering every silly question I had, he was simply without fault. If you are looking for a professional mortgage broker with amazing morals come see Paul he'll get the job done .Lou Eth10. June, 2021.VerifiedPaul is by far the best mortgage broker I've dealt with, and I had spoken to range of different firms by the time I found The Mortgage Hive (if only I had found him sooner, I could probably have saved myself £500 and got the same or a better deal!) Paul is very competent and knowledgeable and isn't phased by complex situations. He managed to find a solution where others failed, sometimes working out of hours to get things through, with an understanding of the urgent nature of my application. He was also able to refer me on to his colleague Kyle for life insurance and I am equally satisfied with the comprehensive service thus far. I have no hesitation in recommending The Mortgage Hive. It is a gem of a company and I will definitely be returning next time I require a mortgage product.Keil Hetherington19. December, 2020.VerifiedMy wife and I found ourselves in a strange situation where a wrongful default was placed on our credit file, we needed to sort a mortgage to secure our new home whilst we work din the back ground to remove it. Most mortgages advisers we found were not willing to help as it was to much work. However, Paul was amazing, understanding, patient and very helpful, he was able to find a lender that was competitive, he explained and advised throughout the process and we always knew where we were. I would highly recommend Paul and will be a returning customer without doubt.Laura Cornelius5. August, 2020.VerifiedAbsolutely blown away with how great Paul was at sorting out our mortgage during the pandemic. He was incredibly helpful, knowledgable and friendly in the whole process. We had a couple of hurdles in the way, but Paul quickly sorted everything out, found us other options immediately and got us our mortgage quicksmart 🙂 If you are unsure about anything, he will answer any questions and help explain everything clearly so that you do. Thank you so much. We will come back soon for when we need to re-mortgage or get another BTL mortgage 😉josh brown24. January, 2020.VerifiedPaul is absolutely brilliant, I couldn't have moved without his help and guidance. You will certainly be hearing from me again in the future.Pete Barrett24. January, 2020.VerifiedPaul from the Mortgage Hive, spend hours explaining everything to me in understandable terms and made sure I wasn’t making rash decisions based on I’ll information, I getting the house and deal I really wanted all thanks to his expertise, thanks again Paul great workTimothy Ward24. January, 2020.VerifiedPaul was very helpful in finding the correct solution to finding my first mortgage.