Your journey to the best ahead!

The journey to securing your UK mortgage begins with a crucial initial consultation. We start by helping you obtain an Agreement in Principle (AIP) to confirm your borrowing power. Next, we carefully compile your essential documentation and submit the full mortgage application to your chosen lender. I will personally manage this complex process, ensuring every stage is clear and runs smoothly right through to completion.

Your borrowing amount depends on factors like your income, credit history, and the property’s value. We’ll analyse your financial situation to provide a tailored assessment and help you understand your borrowing potential.

You’ll generally need proof of income, identification, and bank statements. Don’t worry; we’ll provide a checklist to guide you through the required documentation for your application.

The short answer is yes, getting a mortgage with bad credit is often possible, but it requires careful preparation.Lenders will thoroughly review your financial situation to assess risk. Past issues like missed payments, defaults, or County Court Judgments (CCJs) make the process more challenging, as they suggest higher risk, often resulting in the need for a larger deposit and potentially higher interest rates compared to standard deals. The key is finding the right specialist lender, which is something we can certainly help you with by reviewing your unique circumstances and matching you with the most appropriate options.

Completion Costs, often referred to as ancillary fees, are the essential financial outlays required to finalise your property purchase, paid in addition to the property price and your deposit. The most significant costs include Stamp Duty Land Tax (SDLT), the combined solicitor/conveyancing fees for the legal transfer of ownership, and the lender’s Mortgage Arrangement Fee. Crucially, you must also arrange and pay for Building Insurance (required before completion) and may choose to budget for an independent, detailed property survey to check the property’s condition. Gaining a transparent, accurate breakdown of all these completion costs early on is essential for successful budgeting, and we ensure you have this clarity throughout the process.

The approval process can take anywhere from a few days to several weeks, depending on your circumstances and the lender’s requirements. We’ll keep you informed and guide you through each step to speed up the process as much as possible.