Start your mortgage journey with us here, today! Below you’ll find informative guides covering various topics, navigating you through the intricate landscape of mortgages, and more. When you’re ready to move on, get in touch with our team who will walk you through the rest.
Buying a property comes with a string of important and sometimes daunting decisions. And one of those decisions is to choose the right type of mortgage. The big decision when choosing a mortgage is to decide if you’ll opt for the certainty of a fixed-rate mortgage, or whether you think you can save money by using a variable-rate mortgage.
Mortgage affordability relates to tests carried out by mortgage lenders to ensure prospective borrowers can afford the loan they require to buy a property. It’s an important aspect of the assessments carried out by mortgage lenders, which can lead to a mortgage application approval or rejection.
It’s not as simple as earning more than your projected essential expenses, including, of course, your estimated mortgage repayments. Mortgage affordability is a hot topic among home buyers so we’ve created this comprehensive guide to explain everything you need to know.
