2023, A POSITIVE YEAR FOR PROPERTY

Shannon Everill, one of Norfolk’s highly established Mortgage Advisors, breaks down the benefits, whether you are a home-mover, looking to remortgage, landlord or first-time buyer.

Access to a Wider Selection of Deals

Mortgage advisors give access to a much wider range of deals than if you were to research the market yourself or go direct to a bank or building society. An advisor is likely to be connected to a professional network within the sector, and may be able to offer deals that aren't yet available to the public.

Expert Advice to Suit Your Needs

Sieving through the mortgage muddle can feel daunting with so many different types of deal on offer.

An advisor can help you to find the right mortgage based on your needs. For example, the size of your deposit, your income (or joint income if buying a home with someone else), and wider personal circumstances.

They will explain the different mortgage types, such as a fix or a tracker, and advise on the length of term and flexibility of deal

Shannon Everill Project

DIRECTED BY: JAMIE WAITE

ARTICLE

WRITTEN BY: LAURA WATLING

All pictures: Didie Nturo

SHANNON’S TIPS

• You can secure a new mortgage rate six months before your old one ends, in the current market this could protect against sudden rate rises.

SHANNON’S TIPS

• Just because you think you have some credit issues, it doesn't mean you can't get a mortgage. Many people with 'credit blips' are still eligible for the better rates. If you have concerns, get a credit report and a broker will still be able to find you a lender in almost all cases.

depending on your current situation. For first-time buyers, an advisor can help with schemes such as Shared Ownership, First Time Buyer exclusive mortgages and can even explore the possibility of clubbing together and buying with others.

Help with Everything Else

Applying for a mortgage usually means lots of paperwork. With an advisor, having someone who knows exactly what documents you need and what forms have to be filled in certainly makes life easier.

You won’t have to handle the application either. Along with advising on paperwork matters, brokers also handle the application process and provide you with updates on its progress - leaving you free to focus on all of the other details, something invaluable at such a busy time of your life.

Mortgage advisors like Shannon have a duty of care to their customer, and are there to back your corner.

Shannon’s Journey

Shannon started out in the mortgage industry in 2018 without any experience or qualifications. Within 6 months she was Top Broker out of 25 at her firm. For the first two years she specialised in Buy To Let Mortgages - mortgages designed for clients buying property intended to rent out to other people, rather than to live in.

Opportunities led her to London where she took a break from the industry working for a private equity firm. After a short time, Shannon knew that her passion resided in the mortgage industry.

“It’s the one thing that I've always been really good at” she said.

Following her talents, she returned to Norwich, working alongside one of Norfolk’s top estate agencies. By her second month she had already completed 22 mortgages and after a six month review, the mortgage network stated that she had completed more mortgages in six months than a typical advisor would in two years.

Now, Shannon works independently alongside Linear Financial Solutions, a brokerage that exists to recruit and facilitate the growth of independent financial advisers and businesses.

People

We asked Shannon to discuss with us her greatest talent. Her answer was simple: “People”.

“I do everything I can to put people at ease and take on as much of the work for them so they don't have to deal with it, it can be overwhelming,” Shannon shared.

Shannon’s process follows two core values: honesty and openness. She puts herself in her client’s shoes, thinking back to what she needed when she was a first-time buyer herself.

Shannon boasts an impressive work ethic. She conducts her business both face to face and over the phone, at all hours of the day. One of the things that sets Shannon apart is her ever-growing dedication to her client’s needs.

“I have clients messaging me, sometimes at 8 o'clock in the evening on Sundays. They always know that they can contact me whenever they've got a question,” she told us.

She works to ensure clients feel reassured 24 hours a day.

Her expert knowledge means she also knows which lenders are most likely to accept and how to get the best terms. Her understanding of the market combined with and dedication to outstanding client service creates an enjoyable, personable experience.

ShannonisFCAaccreditedandworks underthePrimisMortgageNetwork -anetworkauthorisedbytheFCAto acceptfullresponsibilityforproviding acomplianceumbrellaformortgage brokers.Theyensurebrokersaredoing theirjobthoroughlyandthattheirclient isgettingthebestoutcomefortheir circumstances.

2022wasadifficultyearforthemortgage andpropertymarketbuttherearereasons tofeelhopefulthat2023willbebetter.Ina difficulthousingmarkettakingmortgage andprotectionadvicecansaveyoutime, money,andensuresecurityinsuch undeterminedtimes.

2023, A Good Time To Buy?

Whatgoesupmustcomedown.The wideningcostgapbetweenowningand rentingwillputhomeowningoutofreach formanyfirsttimebuyers,reducingthe numberofsalesin2023.Thiscouldcause housepricestofallbyasmuchas12.5 per cent, expertspredict.

However,ifyourodethestormofthe2022 propertypricehike,choosingtoholdout forabetterdeal,nowmaybethetimeto restartyoursearch.

ForShannon,herplanthrough2023is tocontinuetotakethehousingmarket bystorm.Hergoalistosetupherown company,employingasmallteamof skilledexpertstoworkalongsideher success.Welookforwardtoseeingthe yearunfoldandfollowingheralongside herjourney.

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SHANNON’S TIPS

• Don't assume that going direct to your own bank will save you moneybrokers may have access to exclusive products that you can't achieve by going direct.

• Consider speaking to a broker before you start your property search, you may be able to borrow more than you expected as all lenders will calculate the loan amount differently.