Hot Topics

How Much Deposit Do I Need?

As a general rule of thumb, you need to make a deposit of about 5 – 10% of the total amount you are borrowing.

How Much Is The Valuation Fee?

The Valuation fee covers the expense of the mortgage lender visiting your prospective property to ensure that it is worth what you are intending to pay.

What Happens If I Want To Move Home?

Moving home is basically the same as moving into your first home, in mortgage terms. You are free to find yourself another mortgage with either your existing lender or another lender – and can shop around for the best deal on the market.

What are Self Certification Mortgages?

When you apply for a mortgage, the lender will require from you proof that you will be able to maintain the mortgage payments, and do not present a risk of non-payment for the large amount of money you are borrowing.

What is Adverse Credit?

If a borrower has a history of poor credit usage then this is described as Adverse Credit, Sub Prime or just simply, Bad Credit. Poor Credit history can include County Court Judgements (CCJ's), Bankruptcy, Mortgage arrears or any late payments on credit cards, credit arrangements etc.