What are the opening hours?

Monday 9am - 5pm Tuesday 9am - 5pm Wednesday 10am - 5pm Thursday 9am - 5pm Friday 9am - 5pm

Eaton Mortgages

Home
United Kingdom
Birmingham
Eaton Mortgages

Helping clients to achieve their aspirations of owning their own home and financially protecting the things that are important in life.

16/03/2024

How could you work smarter, not harder when it comes to your mortgage? 🤔

🔗 First up, connect with Experts: Don't navigate the mortgage maze alone. Our team of experts is here to guide you every step of the way, saving you time and effort.

💡 Research Power: Knowledge is your superpower! Spend time understanding different mortgage options, rates, and terms to make informed decisions. We're on hand to go through any details, information, and knowledge you may need.

📈 Financial Planning: Crunch those numbers! Plan your budget, evaluate your financial goals, and choose a mortgage that aligns with your long-term vision.

⏳ Time is Money: Streamline the process by being organised. Gather necessary documents upfront to expedite approvals and minimise delays, from your ID, bank statements, and employment details, have them on hand and prepped.

🔍 Analyse Your Needs: Choose a mortgage that suits YOUR needs. No one-size-fits-all – we can help tailor options to match your unique circumstances.

Your home may be repossessed if you do not keep up repayments on your mortgage.

13/03/2024

A County Court Judgement (CCJ) is a court order registered against you for failing to make agreed payments, either as an individual or company. ❌

They will last on your file up to 6 years even after being repaid, so waiting until its gone may mean missing out on your dream home

The good news is, there are options available with specialist lenders for those with CCJ's! 🥳

Lenders will look at a few key factors when considering your application:

1️⃣ How recent the CCJ was registered, usually, the older it is, the more chance you have of success.

2️⃣ Has the CCJ been 'satisfied' (paid)

3️⃣ How much was the CCJ for

4️⃣ How many do you have

Your home may be repossessed if you do not keep up repayments on your mortgage.

11/03/2024

We do everything we can to protect ourselves when doing our hobbies, but are you protecting your income?

If you were to fall seriously ill tomorrow or injure yourself which stopped you from working, how would you pay your monthly bills? 💷

Income Protection is there to support you financially. It pays a proportion of your lost earnings so you can concentrate on looking after your health. 🛡️

10/03/2024

Happy Mother's Day to all the Mums, Step Mums and Mother figures in our lives 🫶🏼

07/03/2024

2 in 5 women sought a mortgage solo between 2021-2023 🎉

We want to be in your corner to advise and cheer you on to your property purchase

If you're looking to buy on your own but concerned or have question on how it works, you're in good hands with us 🙌🏼

Source: https://buff.ly/3SH5rnU

Your home may be repossessed if you do not keep up repayments on your mortgage.

04/03/2024

100% Mortgages are still out there, ready to help you get on the property ladder 🪜

Recent figures show that since the scheme's conception in May 2023 almost 500 First Time Buyers have signed up to achieve their homeowning dreams 🤩

As a reminder, to qualify for the Track Record mortgage, some of the key criteria is:

✅ Be a First Time Buyer aged 21 or over
✅ Have a history of paying rent for at least 12 months in a row, within the last 18 months, and pay all household bills for the same period
✅ Each applicant will have no missed payments on debts / credit commitments in the last 6 months
✅ The same people who are renting now (and have been for the last 12 months) must be the same people on the mortgage. (Exceptions apply)
✅ The monthly mortgage payment must be equal to or lower than the average of the last 6 months rental cost.
✅ Maximum loan size £600,000
✅ Not buying a New Build flat.

Don't hold off booking a chat today! 💬

Source: https://buff.ly/49Bz15p

Your home may be repossessed if you do not keep up repayments on your mortgage.

02/03/2024

Not all mortgages are made equally, so the first one you see may not be the one for you 😮

We can help you compare the different mortgages available to you

Comparing the rates, terms, and fine print, helping you assess which would be the one for you

For our tailored approach to mortgages, get in touch 📱

Your home may be repossessed if you do not keep up repayments on your mortgage.

28/02/2024

This year you get to enjoy a bonus day of expert advice from us 💅🏻

Your home may be repossessed if you do not keep up repayments on your mortgage.

26/02/2024

During an appointment with one of our lovely experts, you can expect to go through a few if not all of these topics 👇🏼

⚪️ Financial Assessment This includes an analysis of your income, expenses, and existing debts to determine how much you can afford to borrow.

⚫️ Credit Check: Lenders will typically conduct a credit check to evaluate your credit history and determine your creditworthiness.

⚪️ Mortgage Options: We'll discuss various mortgage products available to you. We will explain different types of mortgages, such as fixed-rate, variable-rate, interest-only, and repayment mortgages, and help you choose the one that best suits your needs.

⚫️ Mortgage Affordability: We'll discuss how much you can borrow based on your income and expenses. This helps you understand your budget and set realistic expectations for your property search.

⚪️ Interest Rates and Terms: You'll be informed about current mortgage interest rates and terms. We will explain how interest rates can affect your monthly payments and provide options for fixed or variable rates.

⚫️ Deposit Requirements: You'll learn about the minimum deposit requirements for different types of mortgages. We will also explain the advantages of larger deposits, such as lower interest rates and reduced borrowing costs.

⚪️ Documentation Requirements: We will explain the documentation you need to provide when applying for a mortgage. This typically includes proof of identity, proof of income, bank statements, and details of your financial situation.

Your home may be repossessed if you do not keep up repayments on your mortgage.

24/02/2024

When it comes to deposits, bigger is better 👀

By putting down a 25% deposit instead of 5% for instance, you'd see a difference in not only the monthly repayments but also the interest rate

That doesn't mean you have to empty your savings, if you can afford the repayments on a 5% deposit you could still do that 🤔

Before you decide, let's have a chat, we can go through your options based on multiple scenarios so that you can make an informed decision 🏡

Your home may be repossessed if you do not keep up repayments on your mortgage.

21/02/2024

You could go to your bank directly online to source an agreement in principle, however you may be missing out on alternative options across a wider market of lenders, which is what you get when you see an advisor like us to sort your AIP.

As well as that, by doing it online, there may be more questions or changes that come up when it comes to you doing the application due to not speaking to a human in the first place 🤖

To mitigate any hurdles, see a professional about your AIP, don't worry it can still be done online via video appointment! 👩🏼‍💻

Your home may be repossessed if you do not keep up repayments on your mortgage.

19/02/2024

👉🏼 Who

To be eligible, you must:

Be a first-time buyer
Have at least a 5% deposit – 15% for new build property buyers
Take out a five to ten-year fixed term mortgage deal
Not use a shared ownership scheme to buy

👉🏼 What

The mortgage guarantee scheme, a government program, aims to assist prospective homeowners with limited deposits in entering or advancing in the property market. Under this initiative, banks and building societies are supported in providing loans of up to 95% of the property value, enabling buyers to contribute just 5% themselves, for properties valued at £600,000 or less. In times of economic uncertainty, the scheme incentivises lenders to offer these favourable terms by allowing them to obtain a guarantee on the portion of the mortgage between 80% and 95%. This arrangement provides a safety net: if a borrower faces financial hardship leading to property repossession, the government steps in to cover the specified portion of the lender's losses.

👉🏼 Where

The scheme covers the whole of the UK, and it does not require the property to be a new build.

👉🏼 How

You must provide a deposit ranging from 5% to 9%.
After securing an offer on a property, you seek a loan from a bank supported by the mortgage guarantee, with assistance from a mortgage advisor.
The government pledges to back a portion of the home loan, thereby compensating the lender in case of borrower default.
If the government guarantees 15% of the loan and the borrower contributes a 5% deposit, it effectively constitutes a 20% deposit. Lenders favour this arrangement as it mitigates their risk.
Homeowners need not directly engage with the government; instead, the lender facilitates this process on their behalf.
Otherwise, the mortgage operates akin to a traditional one in all other aspects.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Address

4D Heathfield Road, Kings Heath
Birmingham
B147DB

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	10am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Website

http://www.eatonmortgages.co.uk/

Alerts

Be the first to know and let us send you an email when Eaton Mortgages posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Eaton Mortgages:

Shortcuts

Want your business to be the top-listed Finance Company in Birmingham?