Home movers
Upsizing, downsizing, and keeping a chain together.
Find out more →Formby
Mortgage adviser in Formby
Formby tends to mean larger properties, larger mortgages, and applications where the detail matters. That is exactly where whole-of-market advice earns its keep rather than taking whatever your bank offers.
Formby is largely detached and larger semi-detached family housing, close to the pinewoods and the National Trust coast, and popular with people moving out from the city for the space and the schools. The mortgages tend to be bigger, and bigger mortgages are where lender differences start to really show.
A fair number of my Formby clients are self-employed, company directors, or have income that is not a simple monthly salary. That is not a problem, but it is a good reason not to rely on one bank: lenders assess bonus, dividend, retained profit and day-rate income in genuinely different ways, and the gap between the most and least generous can be substantial.
Areas covered around Formby
- Formby
- Freshfield
- Hightown
- Ainsdale
- Little Altcar
- Ince Blundell
- Southport
Larger borrowing and less straightforward income
Where the loan is larger, small differences in how a lender treats your income change what is achievable. Some work from an average of two years of accounts, others from the most recent year. Some count retained profit, most do not. Bonus and commission may be taken in full, in part, or not at all. I will work out which lenders read your income most favourably and present the case in the way they want to see it, rather than submitting the same application everywhere and hoping.
What I most often help with in Formby
Remortgaging
Reviewing a larger mortgage before you drift onto a standard rate.
Find out more →Protection
A larger mortgage is a larger commitment. Worth making sure the cover actually matches it.
Find out more →Common questions
Can you help if I am self-employed?
Yes, and it is worth getting advice rather than going direct. Lenders treat self-employed income, dividends, retained profit and day rates very differently, so which lender you approach can materially change what you can borrow.
Do you handle larger mortgages?
Yes. Being whole of market matters more as the loan gets bigger, because differences in lender criteria have a larger effect.
Do you cover Formby and the surrounding villages?
Yes. I am based in Waterloo and cover Formby, Freshfield, Hightown, Ainsdale and the wider Sefton coast, as well as Liverpool and the North West.
Please note: This website is for information only and does not constitute mortgage advice. Your home may be repossessed if you do not keep up repayments on your mortgage.
Reviews
What clients say
Genuine reviews from Craig's Google Business Profile.
“Brill advisor helping us with our first house 👌”
“Makes the process really easy for you, will advise and help with any queries during the buying process which was a big help.”
“Highly recommend Craig to anyone, helped me and the missus with our first house, called us to explain things every step of the way and put our minds at ease when we were worrying we’d never get accepted for a mortgage as first time buyers. Very knowledgable and professional, always offering support when needed. Appreciate it Craig, all the best!”
Looking for a mortgage in Formby?
Get in touch for a free, no-obligation chat about your options. I'll explain everything in plain English and take it from there.