Why Choose Us
Mortgage IQ is one of Northern Irelands leading Mortgage and insurance Agency with 12 local offices and 20 advisers.
Our advisers have many years experience sourcing and placing mortgages for thousands of clients over the last 10 years. We specialise in all types of lending and pride ourselves on delivering a high standard of service and advice whilst guiding you through every step of the home buying process.
So whether you are buying your first home, remortgaging or purchasing an investment property there are lots of processes to go through, issues to tackle and important decisions to make.
An IQ adviser can help you choose the solution that is right for you and help take the stress out of the whole process.
What we do
Your IQ advisers will search a comprehensive range of mortgages across the market place with many of the lenders you know such as Halifax, Santander, Ulster Bank to name a few, to find the right lender and mortgage product to meet your needs.
They will then complete all the paperwork for you, submit your application, liase with lenders, solicitors, insurance companies and look after it all until your mortgage completes.
Behind every adviser there is a very strong administrative team working on your behalf. They will update you every few days to let you know exactly what is happening on your case leaving you stress free.
An IQ advisers number one priority is their client. They are always prepared to go that extra mile providing a top level of service, in a very personal way.
Once your mortgage completes your adviser will continue to meet with you at least annually to ensure your mortgage and insurance options remain appropriate and good value for money. This will take into account any change in your personal circumstances, if you have got married, had children etc. In addition we offer a full financial planning service to help you save and plan your financial future.
At Mortgage IQ we pride ourselves on providing excellent customer service, and doing a good job for our client which results in many clients being referred to us on a regular basis. Please read some of our client testimonials from our clients, they speak for themselves!
Mortgage Rules that will affect you
In the past, people were allowed to take out mortgages they couldn’t afford. Meaning they fell behind with payments.
The Financial Conduct Authority (FCA), the financial services industry regulator, has set out new rules for mortgage advisers and lenders to improve the process of getting a mortgage and prevent these past problems.
Under the rules, which came in to force on 26th April 2014, your lender must check that you can afford your repayments both now and in the future. To do this, they want information about your income and outgoings. You will need to tell them if you expect your income and outgoings to change in a way that means you will have less to spend on your mortgage payments. You will also need to give them evidence of your income.
What happens next?
Getting to know you
Your IQ adviser will want to learn more about you, your circumstances and your overall financial position. They’ll also want to hear your thoughts on which type of mortgage you believe is right for you.
1) What your IQ adviser will tell you
When you first speak to your IQ adviser, they have to tell you what their charges are and how they get paid. They also have to let you know if there are any limits to the range of mortgages they can recommend to you.
2) Researching the options
Using their expert knowledge and database of several thousand mortgages, your IQ adviser will find the ones most suitable for your needs.
3) Recommending the rights solution
Once your IQ adviser has identified the options available, they’ll discuss their recommendations. Assuming you are happy with your advisers recommendation, they’ll work with you to complete your application forms and liaise on your behalf with solicitors, valuers and surveyors. They can also talk you through the vital areas of protecting your new property and they’ll stay in touch throughout the process – and into the future.