What Everyone Needs To Know About Mortgages

Mortgage Advice
Time to review your mortgage?

Your home may be repossessed if you do not keep up repayments on the mortgage.

If you have an existing mortgage, you should review it regularly to make sure you’ve still got the most suitable deal for you. You also need to know that if you are on a fixed rate mortgage you may be automatically switched to a Standard Variable Rate when the term comes to an end.  If you don’t have your mortgage reviewed you could find this is costing you more than you need to pay over the term of your mortgage when comparing with a new fixed rate term.

If you are looking for a first time buyer mortgage there are a few things you need to do to help yourself get the most suitable mortgage deal. For example, make sure you are on the voters roll, make sure you know if there are any errors or blips on your credit file. We are all human and not everyone has a perfect credit score, a minor error will stay on your file for six years and can seriously impact which lenders we can use.  We also suggest not applying for credit in the months running up to taking a mortgage.  Talk to us well before you need a mortgage so we can help you to be mortgage ready.  For lots more information http://bit.ly/2o6hjCY

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