Be an early bird. You need to ensure your finances are in order, ideally six months before you apply
Be an early bird. You need to ensure your finances are in order, ideally six months before you apply. This shows the lenders you are able to uphold a healthy bank account and maintain regular direct debits.
Ensure you know how much you can borrow before you start the search for your new home.
Most mortgage transactions will take place on an advised–basis rather than the lender presenting you with several options to choose from.
Use your time efficiently. The application stage will now take longer. This is due, at least in part, to the length of time it will now take a lender to underwrite your application. By speaking to an adviser who can look at the whole of the mortgage market, you will avoid having to do this more than once.
The advice is right. The amount of money you could borrow, and the choice of mortgage products available to you, could be influenced by whether you speak to an adviser who has access to the whole of the mortgage market or directly to one lender.