What documents do I need to apply for a mortgage?
If you are buying or remortgaging you will typically need to provide the below: Proof of Identity (ie Driving Licence...
Can I get a mortgage with a low credit score?
May 27, 2024
Yes, but your options may be limited, and you might face higher interest rates and higher deposit requirements. Working with...
How long does it take to get a mortgage approved?
May 27, 2024
The mortgage approval process typically takes 2-6 weeks, depending on the complexity of your application and the responsiveness of all...
What is the difference between interest rate and APR?
May 27, 2024
The interest rate is the cost of borrowing the loan amount annually, while the APR (Annual Percentage Rate) includes the...
What is a mortgage pre-approval and why is it important?
May 27, 2024
A mortgage pre-approval (A.K.A. Decision In Principle, Agreement In Principle) is usually based on information provided by you or your...
How much deposit do I need for a mortgage?
May 27, 2024
Most lenders require a minimum deposit of 5% of the property’s value providing you have a high enough credit score....
How much can I afford to borrow as a first-time buyer?
May 27, 2024
The amount you can borrow depends on your income, expenses, and credit score. Typically, lenders offer between 4-6 times your...