First class service! Straight forward to deal with, answered all questions quickly and a speedy turn around to mortgage offer being issued. I cannot recommend Nigel and the Team highly enough. I would…
Thank you so much to Nigel for helping out with my recent remortgage. Always available on his mobile to answer any questions I had and made the whole process as stress free as possible for me. I would…
Nigel was extremely helpful in arranging my remortgage. His excellent knowledge allows him to provide a fast, efficient and professional service. Previously I have tried to arrange these myself which …
Highly recommended explained everything well, went to and from the lender so many times making sure all was agreed before spending my money on a survey 5 star amazing service!
Thank you Nigel for helping us with our mortgage! We really appreciate your patience and for always being at the end of the phone to answer any questions no matter how big or small!
Thank you so much to Nigel for helping out with my recent remortgage. Always available on his mobile to answer any questions I had and made the whole process as stress free as possible for me. I would definitely recommend him to friends and family!
“I received protection advice from Brian at AJMS and we proceeded to arrange various insurances for myself & my partner. I am very happy with the service I received and the policy I was recommended, I wouldn’t hesitate to recommend Brian’s services to anyone looking to arrange their personal insurance. “
Nigel has been our mortgage/financial advisor for many years now. His knowledge and expertise is second to none and I can’t recommend his services enough!
Alexander James Mortgage Services - The Best Woking Mortgage Brokers
Nigel is extremely knowledgeable, professional, supportive and well versed in many financial services, including but not limited to Mortgages. I would highly recommend you engage with him and his company to assist with your financial needs and mortgage application. A one stop shop in financial services with friendly advice and exceptional service delivery. Happy Customer !!
Alexander James Mortgage Services - Woking Mortgage Brokers
Nigel has been very helpful and knowledgeable helping me out get the mortgage to get my first house. His knowledge does not only limit on mortgage but broader financial areas. I was a happy customer and would definitely ask him for your help if I will need to get more properties with mortgages or advice on financial planning.
I used Nigel over the course of the years for my property purchases. In all my dealings with him he has always given me impartial advice and in my opinion found the best rates on the market. I would recommend Nigel as an honest and genuine financial adviser.
We were recommended to use the services of Nigel Glossop of Alexander James Mortgage Services by our then financial adviser.
In retrospect, this was an excellent recommendation as Nigel provided an outstanding service.
We were so impressed with the service that Nigel provided that when our youngest daughter decided to purchase a flat, we again secured the services of Nigel.
Who provided a first class service in helping her obtain a very competitive mortgage and appropriate life, critical illness, contents and health insurance cover.
And in the future will help her to set up a private pension fund.
So to anyone looking for sound, sensible and straightforward financial advice, we all recommend Nigel Glossop of Alexander James Mortgage Services.”
It is understandable why many people find obtaining a mortgage to be a challenging process. Arranging a mortgage is one of the most significant commitments a person makes in their life, if not the biggest. Lenders must feel confident about the applicant and their ability to pay off the loan. Therefore, there is going to be an element of difficulty in obtaining a mortgage for many people.
However, there is an argument that the process of applying for a mortgage should be made simpler. The lender will still have to undertake tests and checks to ensure the applicant is suitable, but the applicant should find the application process less daunting.
The financial services market has welcomed advances in technology, allowing them to offer a better standard of service to clients and customers. By speeding up the application process, without compromising on the standard of vetting being carried out, the applicant should find the process less stressful. Also, a better application process may assist in pairing applicants up with the most suitable mortgage for their needs and budget.
The past decade has seen some significant changes in the mortgage sector. Until 2012, the vast majority of mortgages were arranged with a bank or a building society. However, even by 2014, figures reported in the Guardian suggested 60% of loans were arranged via a mortgage broker. The emergence of the internet and online applications is evident in the market and has reduced the level of human interaction required when applying for a mortgage.
Improving technology means the standard of communication and engagement provided by automated systems will provide more detailed and tailored information, further automating the mortgage process.
A recent study by technology company Iress, entitled the Mortgage Efficiency Survey, suggests more than half of the lenders who took part in the study expect APIs (application programming interfaces) to create the most “transformative efficiency gains” in the upcoming three to five years.
There have also been advances in the systems used by HM Land Registry. The digital mortgage process has helped speed up the home buying process, and of course, digital banking has significantly reduced the volume of paperwork people hold on to or use. These help in speeding up the application process, and enabling all parties to access data which allows them to make an informed decision regarding an application.
With the financial crisis and lenders looking to vet tenants thoroughly, it is perfectly acceptable for these organisations to undertake a robust vetting process. However, technological advances mean these checks can be carried out digitally. This should result in a faster process without any reduction in the quality of the vetting process.
Some industry professionals have suggested the mortgage application process will become like the process associated with arranging a car loan. This is a swift process which can be carried out online, with the application receiving notification of the decision in a short time-frame. This will help applicants to feel more confident in the process, and this could see more people enter the mortgage market.
If you’d like to get in touch with us to discuss all your possible options, we’re always here to help.