It's a ratio that compares the amount of a loan to the value of the property being purchased.
A (DiP) decision in principle, is also known as a mortgage in principle or a mortgage promise.
European Standardised Information Sheet
Annual Percentage Rate of Charge
Let's start at the very beginning.
The credit score isn’t all that important, but the information contained within the credit report is key to sourcing you the best possible mortgage deal.
There is no fixed credit score requirement but the higher the score the better your options.
Most of our clients prefer a fixed mortgage as they know exactly how much their monthly repayments will be for the fixed rate period.
This article will explore the role the deposit plays in the process, and what impact the pandemic has had on the mortgage market.
For most people, this is easy as they have a monthly ISA direct debit set up or they have received a gift from a parent or family member.
It is a calculation that compares your income to your outgoings to see how much surplus funds you have left for your mortgage repayments.
Whether you're looking for a first-time buyer mortgage with a 95% LTV, a self-employed mortgage or a remortgage on an existing property, a mortgage broker can help you.
