What is a Mortgage Certificate and why you can’t afford to not have one

Do you have a Mortgage Certificate?

You need one if you’re buying a property to sort your mortgage out today.

➡️ Contact us now to learn more

Check out our brief video below ⬇️

Would you like a way of confirming to an estate agent that you’re good to go on your offer that you make and that your finances are all in order without having to go through the task of having multiple credit checks every time you show any interest in a particular property.

When it comes to buying your first or next home the first thing you should do is ensure you have your finances in order so nothing comes up last minute that could stop you from buying the home you want.  

Estate agents (who represent the seller remember) will want to know you’re actually able to achieve the offer price that you make and will therefore typically ask to see either an Agreement in Principle or will ask you to speak to their own in-house mortgage advisor.

You need a Mortgage Certificate then.

The agreement in principle is a credit check and can show on your credit report. Multiple checks before you need to proceed with your mortgage application can come back to bite you as other/future mortgage lenders will see all these checks. They will start to wonder why, as it can be perceived that the other lenders are turning you down, as a declined credit score doesn’t show on their system checks just that you had a credit check with another lender. It’s also too early to know which lender you may proceed with as rates change daily and only until the day you submit your mortgage application do you know the lender you’re going to go ahead with. 

When it’s a right time to have an agreement principle/credit checks your mortgage broker will make you aware.

Check out an example below:

The estate agent will often say you can’t make an offer or even view the property unless they’re confident you can get the mortgage, so you can feel forced into revealing how much you can borrow and afford and this is never a good thing in a negotiation.

The solution to this is to have your very own Mortgage Certificate 

Our Mortgage Certificate includes all the initial checks that are needed to confirm in principle if you’re eligible for the mortgage you want and will also provide clarity to the estate agents that you’ve got your finances in order. 

Firstly one of our mortgage brokers will complete an initial review for you which will include assessing some of your documents. This is very important as mortgage lenders are very particular on what they want to see and are looking for and your mortgage broker will be able to check your documents in detail. 

With this completed your mortgage broker will be able to provide you with a Mortgage Certificate that confirms to the estate agents, that we’ve reviewed the following documents:

• Proof of identity 
• Proof of address
• Latest 3 months bank statements
• Proof of income
• Credit score

With those checked we can then issue you a mortgage certificate which won’t include any of your personal details, doesn’t involve a credit score as we review a copy of your credit report instead which puts the estate agents mind at rest (and yours) that you’re in a proceedable position to purchase the home you wish to make an offer on. 

Any decision to lend is always subject to full lender application, credit searches, criteria checks and a satisfactory valuation.

 
 
 
  Excellent  
    
 Based on 52 reviews 
 
 
  
 
 
 
 
 
 
 
 
  
 
 
 
  
 
 
 Georgiana Olescu 
 
2024-04-10
 
 
  
Paul is an amazing broker, very helpful, responsive to emails and patient with customers. The process with him was quick and easy as his work ethic is impeccable. We are beyond impressed and happy with his services and that we got to work with him.
  
 
  
 
 
 
  
 
 
 Valerie O 
 
2023-12-28
 
 
  
Exceptional service provided by Paul, I could not have asked for better. Definitely does his due diligence and goes above and beyond. Highly recommended!
  
 
  
 
 
 
  
 
 
 Bonnie Frost 
 
2023-12-25
 
 
  
Paul is a fantastic advisor and guided my husband and myself through the entire process of buying our first home, he made the entire process feel easy and we were well informed along with great communication and fast action. We completed within 3 months of contacting Paul.
  
 
  
 
 
 
  
 
 
 Johnathan Lowery 
 
2023-11-16
 
 
  
Working with Paul has been a hugely positive experience. Paul took the time to understand our needs and financial situation, ultimately securing us a mortgage deal that we would not have been able to obtain on our own. His guidance and patience over an extended time was invaluable in guiding us through a volatile period in the property market. I highly recommend working with Paul at Your Property Financial.
  
 
  
 
 
 
  
 
 
 Adeel Sarwar 
 
2023-10-02
 
 
  
It has been great working with Paul. He helped us to redeem our help to buy equity loan which didn't seem possible to me when I first contacted him. It took much longer than expected due to many obstacles but Paul explained every step of the process very clearly and he regularly communicated with me to ensure the remortgage went through as efficiently as possible. I would definitely recommend working with Your Property Financial.
  
 
  
 
 
 
  
 
 
 Jessica 
 
2023-08-29
 
 
  
I would highly recommend Paul as a mortgage broker. As a first time lone buyer I began the process feeling very out of my depth, particularly in a market where mortgage rates are very high. But from the get go Paul provided reassurance and practical guidance and has been immensely helpful throughout the process. I've really appreciated his responsiveness, honesty and support.
  
 
  
 
 
 
  
 
 
 Louise Griffiths 
 
2023-08-28
 
 
  
I reached out to Paul 2 years ago and giving this review now because I wanted to ensure that I could give a true review of what benefits I have experienced from using his service.
I am thrilled with the financial expertise given to me by Paul. His skillful negotiation secured me an excellent mortgage rate within a short turn around time. This has not only set me on the path to paying off my principal balance but has also allowed me to simultaneously build a solid emergency fund. His initial guidance has been invaluable in shaping my financial future.
I look forward to working with Paul again, once my 5 year plan is near its end.
Highly recommended!
  
 
  
 
 
 
  
 
 
 Calum Hebron 
 
2023-08-05
 
 
  
Paul has been consistently excellent, ensuring we got the best possible mortgage deal at a time when rates weren't great. Paul worked with us to understand our financial complexities and went above and beyond to ensure they were understood by mortgage providers. We've been made to understand every stage of the process, and as first time buyers we were able to feel confident in the decisions we made. I would highly recommend working with Paul at Your Property Financial.
  
 
  
 
 
 
  
 
 
 Czarina 
 
2023-08-04
 
 
  
My almost a year-long journey with Paul as my broker has been truly amazing, despite a few hiccups during the mortgage process. Working with him has been the best decision ever! As a first-time buyer, I lacked knowledge about purchasing a home, but Paul's guidance and expertise were outstanding. He explained things in a clear and concise way.

What impressed me the most was Paul's responsiveness. He promptly addressed all my questions and concerns, never making me feel like a bother. Even when I faced challenges, Paul's determination and problem-solving skills were unwavering. I felt so supported throughout the entire process.

Thanks to Paul's unwavering support, I managed to reach this point. I highly recommend him to anyone, especially fellow first-time buyers. Paul's knowledge, patience, and reliability are unmatched. He's not just a broker; he's an invaluable ally in this complex process. Thank you, Paul!
  
 
  
 
 
 
  
 
 
 Alistair Prestidge 
 
2023-07-11
 
 
  
Paul helped me to get my Mortgage approved in less then 48 hours! He has been great and I can’t recommend him highly enough. His communication is excellent, and he helped me understand each stage of the process easily.
Thank you so much for helping me buy my very first home! I will most certainly be recommending Paul to friends & family!
  
 
  
 
 
 
 
  
 
 

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