Understood, here's the revised version: Yes, you can still get a mortgage even if your credit rating is poor. While it may be more challenging, we have helped many clients with bad credit history find affordable mortgage deals.

Yes, in most cases, you can get a mortgage if you are self-employed. We will find the right lender to suit your circumstances.

Most lenders will conduct a thorough financial evaluation, considering your net income, credit score, regular expenses, and any existing loans or credit cards. The value of the property being used as security will also be taken into account.

A mortgage typically lasts around 25 years, although this can vary depending on several factors. The exact length of your mortgage will be determined by the repayment plan you choose.

Various types of mortgages are available to suit individual circumstances. Check the menu of our website.

Yes, you can mortgage a property for letting out. This type of mortgage is known as a buy-to-let (BTL) mortgage and can be interest-only. The repayment plan is based on the potential rental income of the property.

If you begin the process before finding a property, we can issue a pre-qualification that is subject to you finding the perfect home. This can assure real estate brokers and sellers that you are a qualified buyer. Getting pre-qualified for a mortgage will also strengthen any purchase offer you make.

In most cases, yes. Many mortgage providers will charge an early repayment fee because you're forgoing the interest they would have earned over the term. If you're in fixed-rate deals like 2 or 5 years, some lenders may allow you to make overpayments beyond the agreed limit of 10% after the deal expires.

You'll need to provide information about your income and expenses. Ensure you have your latest P60, the past three months' payslips, and bank statements. Proof of your current address, like a recent utility bill, and identification such as a full UK passport or driving licence are required. If you receive benefits, provide documentation showing the amount received. For self-employed individuals, a signed statement of accounts from the past two or three years verified by an accountant is necessary. If self-employed, include SA302 and tax overview forms from your tax return, along with bank statements to verify this information. Accuracy is crucial; we're here to help you find a mortgage, but honesty about your income, savings, assets, and fixed expenses is essential. (Updated on 28.07.2020)

There are two main types of mortgages: Fixed Rate Mortgage and Variable Rate Mortgage. A Fixed Rate Mortgage means your interest rate remains unchanged for a set period (usually two to five years), ensuring consistent repayments. A Variable Rate Mortgage allows for fluctuations in interest rates, which can lead to changes in your repayment amounts. If you have any questions or need clarification, feel free to contact us directly through the phone number provided on our contact page.

As a 'whole of market broker', we have access to the entire mortgage market. Our advisors diligently search and compare all available options to secure the best offer for you, handling all the hard work on your behalf.

You will need a minimum deposit of 5%. The larger your deposit, the better your interest rates will be. For instance, a 15% deposit typically secures a better interest rate compared to a 10% deposit.

A repayment mortgage ensures that your mortgage will be fully paid off by the end of the term, provided all payments are made.

An interest-only mortgage means your monthly payments cover only the interest costs, so the loan amount remains unchanged. At the end of the term, you'll need to sell the property or arrange another source of funds to repay the loan.

Remortgaging involves replacing your current mortgage with a new one from a different lender. You might consider this option if your current mortgage deal has ended and you're looking for a more competitive offer. It's also an option if your financial situation has changed and you need to borrow more.

Remortgaging doesn't require moving home and can be done for various reasons.

The appropriate mortgage term depends on what you can afford, although sometimes the lender may have specific conditions for the loan. We recommend consulting with a mortgage adviser to determine the most suitable term based on your circumstances.

Initially, you should seek permission from your mortgage lender. They may adjust the interest rate to reflect the changed risk. A mortgage adviser can offer advice on your mortgage and insurance options. Additionally, you may need to update your building insurance to ensure it suits this new purpose.

The first and most crucial step is to contact your lender promptly. Lenders are obligated to handle borrowers in this situation with sympathy and support. Some lenders offer telephone helplines and debt counseling services that could provide assistance.

Ensure you have mortgage approval in principle before bidding. Seek advice from a mortgage broker who can access lenders with quick mortgage offer service standards. Be aware that you'll need to provide a deposit at the auction, not at mortgage completion. Obtain a copy of the property's legal pack as early as possible before bidding.

A fixed-rate mortgage allows you to lock in the interest rate for an initial period. Once the fixed term ends, your mortgage switches to a variable rate. Choosing a fixed-rate mortgage ensures your payments remain unchanged throughout the fixed term. When you switch to a variable rate, your payments may fluctuate based on market conditions, potentially increasing or decreasing.

Here's a refined version of your statement: With a repayment mortgage, each monthly payment covers both the interest and the capital, ensuring your mortgage will be fully repaid by the end of the term. On the other hand, with an interest-only mortgage, you only pay the interest each month, and the amount of capital owed remains unchanged. This means you must have suitable plans in place to repay the mortgage at the end of the term. Options include using proceeds from the sale of the property, cash savings, stocks and shares, an endowment policy, or a pension.

Here's a refined version: Yes, we offer mortgages for First Time Buyers. To learn more, please contact one of our mortgage advisers or reach out through our "Contact Us" page.