Poor credit history and mortgage applications are not a match made in heaven. You do not want to bury your head in the sand. Nor do you want to knowingly apply for a mortgage if you have an impaired credit history. You will only waste your time, and your Mortgage Advisor’s time. What appears on
The success of your mortgage application can be affected by how you handle your credit card and/or an approved overdraft facility. Here’s how to manage them so you don’t get tripped up. Firstly, there is nothing wrong with having a credit card or an approved overdraft facility. In fact, these can be really handy and,
The following are the most common questions we get asked by First-Time Buyers about the mortgage deposit. What level of deposit does a First-Time Buyer need to show? Minimum 10% of the purchase price Legal fees (these can vary) Stamp Duty (1% of the purchase price) How much deposit do I need before applying for
Getting yourself mortgage ready usually takes some planning and is not usually achieved overnight. And a key part of the process is being able to demonstrate that you can sustain repayments on the mortgage that you are looking for. While your income will determine how much you can borrow, your monthly rent and savings are