Before going on your first viewing it is a good idea to work out what you can afford, so take the time to go and see a broker and talk through your financial position. You will also need to ensure that you have all your documents ready. These include proof of identification and address as well as proof of income, usually three months pay slips or three years SA100s, proof of outgoings in the form of three months bank statements. It’s also a good idea to have a look at your own credit report to ensure everything looks correct. 

The first thing we will do is ask you for all your details including your current financial status and residential history. Although this takes half an hour or so, it allows us to be precise with our recommendation in terms of affordability and lender. At that point you can then speak to your estate agent about viewing properties and can put an offer on the property of your choice. Once the offer is accepted we will find the best deal on the market, check all the documents are in order and put the application in as soon as possible. The offer usually takes between two and three weeks to be produced. 

This will depend on the type of mortgage that you are taking. Our standard fees are £798, but you only pay half on application and  the other £399 at the point when we receive the mortgage offer. That means that all advice prior to application is free of charge. A remortgage will cost less and a product transfer can be done free of charge. Your advisor will let you know very early in the process as to what the fees for your case will be. 

Having a low credit score does not automatically mean that you cannot get a mortgage, or that your mortgage rate will be any higher. However this may be the case depending on your credit history. Whichever the lender they will be able to look back at all your previous credit. In order for us to choose the correct lender for your circumstances it is important that you are as open and honest with us as possible. We will of course be open and honest with you in return about your options. 

Standard requirements are…  Proof of identification and address as well as proof of income, usually three months pay slips or three years SA100s, proof of outgoings in the form of three months bank statements. It’s also a good idea to have a look at your own credit report to ensure everything looks correct.