Your Path to Buying a Home
Embark on your journey to homeownership with confidence and ease. Discover a wealth of comprehensive resources, expert guidance, and practical tips designed to empower you every step of the way. From understanding the market to securing financing and closing the deal, we provide everything you need to make informed decisions and achieve your dream of owning a home.
Embarking on the journey to homeownership involves navigating the intricacies of the mortgage process and understanding the factors that influence your home buying experience.
Preparation
Begin by assessing your financial situation and credit profile. Determine how much you can afford for a deposit and monthly repayments. We help you understand your financial readiness and explore mortgage options that align with your budget.
Loan Application
Once you're ready, we facilitate the completion of your mortgage application with your chosen lender. We guide you through every step of the application process, ensuring all required personal and financial information is accurately provided.
Approval and Offer
Upon successful underwriting, we celebrate with you as you receive your mortgage offer. We diligently review the terms and conditions outlined by the lender, including the interest rate, loan amount, and any other costs.
Your home may be repossessed if you do not keep up repayments on your mortgage
Understanding Your Credit Profile
Your credit profile plays a crucial role in the mortgage application and the amount of lenders that may be available to you.
What is a Credit Score?
Some lenders credit search and credit score, whilst some others will only credit search. Typically credit score lenders will offer better deals than lenders that just credit search.
Importance of Credit Scores in Mortgage Approval
Your credit score influences whether you'll be approved for a mortgage and the terms you'll receive, including the interest rate.
Impact of Credit Scores on Mortgage Rates
Higher credit scores typically lead to lower mortgage rates, which can result in significant savings over the life of your loan.
What is a credit search
A credit search is used by all lenders to see what debts you have and how you are managing them.
It will also look for any missed or late payments and any Defaults, County Court Judgements or Bankruptcies.
What if I have poor credit
Whilst adverse data on the credit search is not ideal,we have access to lenders that can look at your circumstances on a case by case basis.
What types of mortgages are available to you?
Fixed Rate
Mortgages
A fixed rate mortgage is a type of home loan where the interest rate remains constant and does not change during the initial term of the mortgage...
Discount Rate Mortgages
A discount mortgage is a type of mortgage where the interest rate is discounted from the lender's standard variable rate (SVR) for a set period...
Variable Rate Mortgages
A variable-rate mortgage is a type of home loan where the interest rate can fluctuate over the life of the loan depending on a chosen index...
Tracker Rate Mortgages
The interest rate on a tracker mortgage tracks or follows movements in a chosen index, typically by a set margin above or below the index rate...
Your home may be repossessed if you do not keep up repayments on your mortgage
Expert Tips for Homebuyers
Discover insights and advice to guide you through the home buying process with confidence
Start Saving for your new home
In addition to your deposit, you'll need to budget for other costs including stamp duty (if applicable), conveyancing fees and valuation fee. (Some products will have either free valuation and / or cashback which can be used towards your conveyancing fees).
Mortgage in Principle Before House Hunting
Getting a mortgage in principle before you start house hunting can give you an edge in a competitive market.
Start Your Mortgage Journey
Take the first step to purchasing your desired property today.
Need some tools to support your home buying journey?
Repayment Calculator
Ready to take the guesswork out of your mortgage payments? Try our Mortgage Repayment Calculator now for quick and accurate estimates.
Affordability Calculator
Curious about how much you could borrow for your dream home? Use our simple calculator to instantly gain clarity on your borrowing potential.
Overpayment Calculator
Try our Overpayment Calculator to see how extra payments can save you time and money. Take control of your finances and pay off your mortgage sooner!
Stamp Duty Calculator
Unlock the power of informed decision-making with our Stamp Duty Calculator. Discover how different property values and purchasing scenarios can impact your Stamp Duty costs.
