Looking for a Mortgage Broker and living in Sheffield?

Mortgage Brokers in Sheffield

Mortgage Advisor in Sheffield

There are hundreds of mortgage deals to choose from, including fixed and tracker mortgages and various options for percentage rates. As a result, mortgage applicants can often feel overwhelmed by the choices available and uncertain of their own ability to qualify for a loan.

Sheffield Money’s Mortgage Advisors use our vast experience to provide personal advice that takes into consideration an individual’s financial situation and long-term goals to help borrowers understand their options and guide you through the mortgage process. 

If you are looking to buy a property in Sheffield and need expert advice from a knowledgable and independant mortgage advisor who can cater for all your mortgage needs, get in touch with us today!

Our Sheffield based team of brokers, provide the best mortgages from over 1,000 lenders nationwide. We will deal with every client personally and provide expert advice across a comprehensive range of mortgages, insurance, and lenders. By partnering with us, you can take comfort in the fact that our mortgage advisors will help you make informed decisions to find the best mortgage for your needs.

Our aim is to be helpful, caring, and confidential, whatever your circumstances may be.

We can offer the following mortgage consultation services on the following products:

If you are unsure which mortgage will best suit you, our website is full of helpful information and advice on the types of products available. However, if you would rather speak to our mortgage advisers in Sheffield, South Yorkshire to discuss our range of services, please call 07368 520394 today.

Our mortgage experts are on standby to talk you through all the mortgage services on offer. Get in touch today! Our team are highly experienced and knowledgeable about the mortgage market, so you can be sure that your finances will be in safe hands and you will be making the right decisions.

Frequently Asked Mortgage Questions

Why choose Sheffield Money

We have been working in the mortgage industry for over 10 years; our Mortgage Advisors in Sheffield have come across almost every mortgage scenario possible.

Our experience and knowledge in the industry, combined with our determination to secure you a competitive mortgage deal, (depending on certain aspects such as your credit file and affordability) make us certain we will be able to help you.

Why use a Mortgage Broker in Sheffield

Talking to a mortgage advisor in Sheffield early on in the process is a good idea. We can help you work out what you can afford to pay each month and also how much the different lenders will let you borrow. You would be surprised by the vast differences between mortgage lenders when it comes to the maximum mortgage available.


A great advisor in Sheffield will love to build up an ongoing relationship with a client. It can often start with an affordability assessment and agreement in Principle before even finding a house. Even after the purchase is complete, we keep regular contact via email and re-engage by phone running up to the initial mortgage product coming to its end. We then compare the market on your behalf once again to obtain the best remortgage deal available.

Can I Get a Mortgage With Bad or Adverse Credit in Sheffield?

Bad Credit Mortgage Advice in Sheffield


Unsecured credit is common these days, and it’s not uncommon for clients to approach us for Specialist Mortgage Advice in Sheffield when they have missed payments or have a low credit score.

All it takes is missing payments on your mobile phone contract or a utility bill. You might get faced with a default attached to your credit report. It might leave you in a bad situation to obtain a mortgage soon because it indicates to the lender that you are at a high risk of not keeping up with your monthly repayments.

 

The good news is just because you have missed payments or have a default, it doesn’t necessarily mean you can’t get a mortgage. Having said that, you’ll likely need some specialist help because it is possible you will get declined for a mortgage by a high street bank, especially if you only have a small deposit. 

How Much Can I Borrow for a mortgage in Sheffield?

First time buyers, home movers, landlords and self employed individuals will always ask the same question when it comes to applying for a mortgage – “how much can I borrow?”. The answer varies depending on your individual circumstances.


If you’re trying to work out how much that you can borrow, we would recommend speaking to us for a more accurate measure of affordability. A mortgage advisor in Sheffield will research the market on your behalf and try to find a lender that will provide you with the amount you need to borrow.

Can I get mortgage if I’m Self employed in Sheffield

Many see being self employed as a barrier when trying to obtain a mortgage. The good news is with an expert mortgage broker in Sheffield were with you every step of the way and you’ll have a greater chance of being accepted.

 

There are specific uniformed lending criteria for sole traders and limited company directors. Most lenders have their own individual policy, and the amount they will allow you to borrow can broadly differ from one lender to the next. Whether you’ve only been trading for 1 year or have a low declared income, contact a mortgage broker in Sheffield to help you with your self employed mortgage needs.

Remortgage vs Product Transfer advice in Sheffield

When your current deal is coming to an end your mortgage lender may offer you a new deal to stay with them. This is known as a product transfer, and unfortunately, most lenders don’t reward you for your loyalty to them. You don’t have to stay with your lender, there are hundreds of competitive deals out there for you.


They’ll know that you can get a better deal, but why would they want you to know that and this is why taking mortgage advice in Sheffield can really help!


We always recommend that you don’t rush into things and get mortgage advice in Sheffield before accepting a deal. It can be hard to find a competitive rate with the same lender and that’s why we advise in shopping around first or approaching a mortgage broker in Sheffield and we’ll find the best deal for you.

Can you get a mortgage without a Deposit

Looking at getting 100% mortgage in Sheffield?  


It can be daunting when buying your first property. As a mortgage broker in Sheffield, it is our job to guide you through the process of getting a mortgage without a deposit in Sheffield.  


If you have rented your property for the last 12 months and paid your rent on time and in full then you could be eligible. There are certain criteria that you need to hit if you are buying a property through a mortgage advisor in Sheffield. This criteria is changing all the time so it is best to speak to a mortgage advisor in Sheffield to discuss whether you would be eligible.  


The other option if you do not have a deposit would be to look at a family gifted deposit. If you have a relative or friend in Sheffield that could gift you the deposit, then this would allow you to purchase your dream home in Sheffield. 

Can I get a Mortgage when starting new job in Sheffield?

The answer quite simply is yes! If you have been offered a new job in Sheffield and it is due to start within the next 3 months, then it is worth speaking to a mortgage adviser in Sheffield to see if you are eligible. All we will need is a copy of the new contract which confirms the start date, gross annual salary and the job title for the role you will be starting in Sheffield.  


As always, to check your eligibility. it is recommended that you speak to a mortgage advisor in Sheffield to check affordability etc.  

Remortgage with Debt Consolidation In Sheffield

While remortgaging in Sheffield can offer the possibility of consolidating unsecured debts onto your mortgage, it’s essential to weigh the potential consequences. This approach could lead to extended mortgage terms and higher monthly payments, potentially putting your home at risk. 

You should think carefully before securing other debts against your home. By adding your unsecured debts to your mortgage, which is secured on your home, you are potentially putting your home at risk if you cannot make the required repayments. 

Although the total monthly cost of servicing your debt may have reduced, the total cost of repayment may still have risen as the term of your mortgage is longer than it may have taken to repay the debts originally. The best thing to do, as always, is speak to a qualified mortgage advisor in Sheffield 

What is a let to buy mortgage in Sheffield?

A let to buy mortgage is where you have your own residential property already in Sheffield. You have seen a property that you want to buy, however, you really don’t want to sell your existing property in order to purchase the new one. If you speak to a mortgage broker in Sheffield they can guide you through the process. In essence what you would be doing is releasing equity from your house (generally up to 75% of the value) in order to raise a deposit for your new home. This way you get to keep your old house, generate a rental income and buy the new house of your dreams in Sheffield. The first step if you are considering this would be to speak to a mortgage advisor in Sheffield to see if you are eligible for this.

Read what our customers have to say!

Andrius Velionis
Andrius Velionis
15:06 24 Nov 23
Ian was excellent in helping us secure a mortgage with a very complicated set of circumstances. He was knowledgable, proactive and went above and beyond at every step. Highly recommend.
Aniqa Aftab-Qays
Aniqa Aftab-Qays
20:25 20 Nov 23
Iain has been so helpful throughout the whole process! He took on all the work and made our first home buying experience seem so easy and stress free! Thank you so much for going the extra mile in getting the best rates for us! 10/10 service!!
AyeshaK
AyeshaK
16:20 16 Nov 23
Ian is very professional and always goes the extra mile to help. The process was made quick and simple and I would recommend for any type of mortgage
Sarah Jane Bowen
Sarah Jane Bowen
14:38 26 Sep 23
I have used Ian for years and he is always reliable and professional and will continue to use him going forward.
Amar Mahmood
Amar Mahmood
14:23 26 Sep 23
I have used Ian for years he's the best mortgage advisor you could require,100% recommend
Adam Marshall
Adam Marshall
13:00 25 Sep 23
5 stars always for Ian and Sheffield Money. Always sorted out any mortgage & remortgage queries/actions I’ve needed. Recommended to all, reasonably priced and service is outstanding!
hayley Darby
hayley Darby
12:57 25 Sep 23
Ian has been amazing giving us advice and helping us with our mortgage. Would 100% recommend
Sheridan Cheshire
Sheridan Cheshire
13:29 31 Jul 23
Excellent service from Ian when dealing with my mortgage. He expertly supported me through my application despite the complications of being an agency worker and made the process very easy. I also turned for help with remortgage, and that went pretty smooth too. Would highly recommended. Ian is always available to talk and explain the process. He is very responsive and clear about everything mortgage-related. He worked extremely hard, considering the amount of documents required to support my application, and as a result, we became very happy homeowners.
Patrycja Krawiec
Patrycja Krawiec
21:22 28 Jul 23
Ian has been brilliant, very approachable and tailor made my mortgage. Very professional and always offer detailed information advice and support. Highly recommended him.
harleen singh
harleen singh
17:20 28 Jul 23
Absolute pleasure to deal with - very professional and down to earth with the bonus of being an expert in the field.Highly recommended by me and my wife 🙂
Aamer Y
Aamer Y
10:41 28 Jul 23
Great service from start to finish. Ian was always willing to go out of his way to answer my queries and was always available. Would highly recommend
Simon Humberstone
Simon Humberstone
12:23 26 Jul 23
Dealt with Ian a numerous amount of time excellent every time wouldn’t use anybody else!
william hargreaves
william hargreaves
17:22 10 Jul 23
Couldn’t recommend Ian highly enough. The process of securing our mortgage was stress free and we were kept well informed throughout.
Charlie Askew
Charlie Askew
14:16 10 Jul 23
Ian made the process of securing our mortgage feel easy and stress free. Kept us updated throughout. Couldn’t recommend him enough.
Lauren Siddons
Lauren Siddons
14:06 10 Jul 23
Through our unique mortgage requirements, Ian has been exceptionally helpful and knowledgeable. Expertly supporting us through our entire process I couldn't recommend him and Sheffield Money enough.
Katie B
Katie B
08:13 03 Jul 23
We are so grateful for the help and advice Ian has provided for us throughout the process of buying our first home. He has been incredibly informative and has really put our minds at rest, just making the whole process so much easier for us. I would definitely recommend!
Helen Stevenson
Helen Stevenson
09:10 21 Dec 22
Excellent and professional serivce, and very knowledgable. I was helped through a complex remortgage from end to end, given all of the advice needed and assisted with dealing with solicitors and mortgage providers to ensure we were able to get the best possible rate. Would definitly recommend.
Russ Jones
Russ Jones
10:26 28 Nov 22
Sam Harrison
Sam Harrison
18:44 04 Nov 22
Last year Ian provided excellent mortgage advice and last. From start to finish of my mortgage application Ian explained everything clearly, and I was able to make an informed choice as to the best mortgage for me. I am now in my new home. Thank you, Ian.
Penny Leigh
Penny Leigh
14:27 27 Oct 22
Ian secured me an amazing deal and gave me great advice in very worrying financial times.He always replied quickly to any queries or concerns and was helpful throughout.I strongly recommend Ian at Sheffield Money.
Vanessa Higgs
Vanessa Higgs
18:38 12 Oct 22
After been turned down with lloyds bank to renew our mortgage deal, we got in touch with Ian and I am so glad we did, from start to finish Ian has been on the ball keeping us up to date with the new deal, will definitely use Ian again when the new deal comes to an end.
Glenn Rogers flooring
Glenn Rogers flooring
17:46 23 Sep 22
Excellent from start to finish, hassle free and found me a better mortgage than i would have
maweenova
maweenova
11:02 23 Sep 22
Ian helped us to secure a mortgage recently and found a number of options where other brokers had failed.Ian dealt with a number of issues on our behalf and was a great help.
David Towers
David Towers
19:22 02 Sep 22
Ian Bisatt was our mortgage advisor from Sheffield Money. He was matched to us from a site called unbiased.co.ukIan has been fantastic from start until finish making the whole process of finding the best mortgage, applying and dealing with the outcomes of the application so easy and smooth. He is always available on the phone and email and replies to queries promptly. He has been an absolute pleasure to work with. We will definitely be using Ian again when it comes to remortgaging and we would definitely recommend you use him. If I could give more than 5 starts I would.
Alex Hibberson
Alex Hibberson
13:04 05 Jul 22
Ian was brilliant to deal with. From the initial contact right through to the conclusion, Ian was extremely helpful.The communication was brilliant and any questions I had were answered quickly.Ian talked me through the entire process and really took the stress out of the entire thing.I will be using his services again and would highly recommend him. Thanks
Nick Gore
Nick Gore
14:13 01 Apr 22
We have used Ian most recently for the second time. Using Ian for the second time was without hesitation. On both occasions Ian has gone above and beyond for us. We would not hesitate to recommend Ian and Legacy Financial.
Jennie Tylec
Jennie Tylec
21:28 08 Mar 22
Isaac Bernasko
Isaac Bernasko
16:57 03 Mar 22
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Our company ethos sets us apart.

Expert Advice and Knowledge

We are experts within our profession and have an in-depth knowledge of lenders to find the right mortgage for you.

Personalised Service

Every scenario is different so we’ll give you personalised advice, just for you to ensure all your requirements are met.

Down to earth approach

We believe in good, honest, down-to-earth advice that is straightforward and easily understood.

Enquire about an appointment.

We aim to meet your needs as much as we can. Visit our appointment enquiry page, choose a time an date that works for you and we’ll try to make it work for us.