MORTGAGES

The mortgage market changes all the time, not just in terms of mortgage deals and regulation but also in the way lenders assess loan applications.

Some of the changes have been in the way mortgage lenders assess the suitability of all clients for the different types of loan on offer. They base this decision on a variety of factors, primarily:

1. The Property – type, condition, access and location
2. Employment status – amount and frequency of income (and time in current role)
3. Financial commitments – current and future (and your history of managing credit)

There is now more focus on affordability and expenditure. This is very different to the traditionalapproach of simply multiplying your annual personal (or rental) income by a pre-set multiple to obtain a maximum lending amount.

We pride ourselves on being up to date with regulation, legislation and the economic market.

We understand your needs, match that to the requirements of lenders, and protect you and your dependants once you have bought your property.

This way, we help you save time and money in the new world of mortgage advice.