Get more information and updates from Bellway Homes regarding this development via:
Receive updates about other nearby developments from Bellway Homes and sister brand Ashberry Homes, as well as related products and news.
Get more information and updates from Bellway Homes regarding this development via:
Receive updates about other nearby developments from Bellway Homes and sister brand Ashberry Homes, as well as related products and news.
We’ve teamed up with one of the UK’s leading new homes mortgage specialists, New Homes Mortgage Helpline, to help find the right mortgage product for you.
Please note, by ticking the checkbox below you consent to Bellway sharing your data with New Homes Mortgage Helpline (a trading name of The New Homes Group Limited) who will contact you to offer unbiased, reliable and professional advice on mortgages available from a wide variety of lenders. Bellway will receive a commission of £350 when you complete on a mortgage arranged by the New Homes Mortgage Helpline through this portal. This commission does not affect mortgage terms and is not charged to homebuyers.
Whether it’s your first or fifth time buying a house, getting some expert advice on your mortgage will always come in handy. An independent mortgage advisor is someone who’s qualified to help you to find the best mortgage deals out there and make the application process less of a headache.
Here’s our guide to what an independent mortgage advisor does, and how you can find one to help you buy your new Bellway home.
Let’s face it, getting your mortgage sorted is never going to be the most fun part of buying a home. The mortgage market can be as unpredictable as the British weather, and if you’re a first-time buyer, you might not even know where to start.
Here’s where an independent mortgage advisor comes in. They’re people who are qualified and experienced in mortgages and will work for you to find the best deals on offer. What they don’t know about mortgages, probably isn’t worth knowing.
Using an independent mortgage advisor when buying your Bellway home is totally up to you. But if you’d like, your sales advisor can put you in touch with our trusted independent mortgage advisors for a friendly, no-pressure chat.
Imagine a travel agent, but for mortgages. Independent mortgage advisors are the experts in all things mortgage-related, and they’re qualified to give you unbiased advice and support – from looking at your finances to work out your affordability, to scouring the market to find the best products available, and juggling your paperwork when it’s time to apply.
As their name suggests, independent mortgage advisors aren’t linked to any bank or mortgage lender. This means they work for you, and only you. Their goal is to find the right mortgage out there for your circumstances and make sure you get it.
All independent mortgage advisors must be regulated and authorised by the Financial Conduct Authority (FCA). This gives you the protection of the Financial Ombudsman Service (FOS). When making a big decision like taking out a mortgage, that’s peace of mind you can’t afford not to have.
It’s your choice whether to use an independent mortgage advisor when buying a home, as you can tackle the mortgage application process by yourself. But as they often have access to deals that aren’t on the open market, it can really pay off. If you’d like us to put you in touch with an independent mortgage advisor, we’ll introduce you to the friendly team at New Homes Mortgage Helpline (NHMH), one of the UK’s leading specialists in mortgages for new-build homes.
An independent mortgage advisor can help anyone who wants to buy a home, but if you’ve got a tricky financial situation – such as if you’re self-employed or have a low deposit – they could help you navigate the rough seas of the mortgage market to find a deal that’s just right for you. And they’ll make sure your application process is smooth sailing, too.
Your advisor will help you to work out your mortgage affordability, based on how much you’ve got saved for a deposit and how much you can afford to repay each month. They’ll know which lenders are most likely to accept you based on your circumstances, and they’ve got all the most up-to-date information in their back pocket about schemes like Help to Buy – Wales, and 100% mortgages like Track Record that don’t need a deposit.
Once you’ve found the mortgage you want to go for, your independent mortgage advisor will get your Decision in Principle (DIP) from the lender – which is their indication of how much they’d be willing to lend you, before you do your full application. You’ll need to have your DIP at the ready when you come to reserve your Bellway home, so it’s an important bit of paperwork to remember.
Then it’s time to make your formal mortgage application, and your advisor will walk you through it, dotting the ‘i’s, crossing the ‘t’s and making sure all your documents are in order. And when you finally receive your mortgage offer, your advisor will explain everything so you know exactly what you’re signing up for; from the interest rate and any fees you need to be aware of, to how much your monthly repayments will be.
The whole process was very positive and Bellway have shown us just how reliable a housebuilder can be – they’re fantastic.Amie and Thomas Lambert, Bellway homeowners at Meadow Rise
The cost of using an independent mortgage advisor can be anything from free to a few hundred pounds, and if there is a charge you usually won’t pay anything until your mortgage is arranged. If you’re buying a Bellway home, it’s free for you to use the New Homes Mortgage Helpline to find your mortgage. To be totally clear, they'll pay us a commission of £350 when you complete, but don’t worry - this won’t be charged to you at all.
If you’re buying a home, you can use an independent mortgage advisor – it's that simple. It’s totally up to you whether you do or not, but there are a lot of benefits to working with an independent mortgage advisor that are worth thinking about – especially if you have a tricky situation, such as if you’re self-employed or have a poor credit history.
They’ll help you to understand your affordability, so you’re clear about how much you could borrow for a mortgage. Your advisor can also access a wider choice of mortgages than you might be able to find on your own, and know which lenders are most likely to accept you based on your circumstances.
You’ll also have their support through the awkward mortgage application process, which is a huge helping hand, especially if you’ve never done it before. From filling out forms to filing the paperwork, your independent mortgage advisor will make sure everything’s in place to get your mortgage approved.
Be ready for a lot of questions from your independent mortgage advisor, but don’t worry – they're all so that they can get the full picture of your financial circumstances and understand the type of mortgage you’ll need.
You’ll be asked about your lifestyle, outgoings, and employment situation among other things, and they’ll let you know which paperwork they require to support your mortgage application.
The types of questions you can expect your independent mortgage advisor to ask include:
There are thousands of mortgages out there on the market, and one that’s right for you. The expert advisors at New Homes Mortgage Helpline are here to help you find it. They’re one of the UK’s leading specialists in mortgages for new-build homes, and if you’re buying with Bellway, you can use their service for free. Hit the button below to get started.
Please note: by following the link below you consent to Bellway sharing your data with New Homes Mortgage Helpline (a trading name of The New Homes Group Limited) who will contact you to offer unbiased, reliable and professional advice on mortgages available from a wide variety of lenders. Bellway will receive a commission of £350 when you complete on a mortgage arranged by the New Homes Mortgage Helpline through this portal. This commission does not affect mortgage terms and is not charged to homebuyers.
Get in touch with a new-build mortgage expert
Our mortgage calculator is designed to give you an idea of how much you could borrow and see how changes to your mortgage could affect your repayments.
We sell your home so you can choose your Bellway home sooner. No fees, no fuss.
Out with the old, in with the new build. We buy your home and you reserve one of ours.
Get out of renting and onto the property ladder with a Track Record 100% mortgage.
Trust us with the house, so you can find a home
