Mortgage FAQs

I am employed by my own Limited Company, what income will lenders use?

As a director of your own company the majority of lenders will use the salary that you draw from the business and also the dividends that you are paid, some lenders will also consider ‘retained profit’ in their calculations please request a callback for more information.

I have seen a property that is of a steel frame construction, will any lender consider this?

As the property is of a non-standard construction then the number of lenders available to you will be restricted. Generally as long as the property has undergone improvements and has a certificate to prove this then there should be options available to you.

Other types of non-standard construction that we can assist with include pre-fabricated, wimpey no fines & timber frame please request a callback for more information.

Are Guarantor mortgages still available?

Guarantor mortgages are few and far between nowadays, however there are alternative options you can consider such as adding a parent to the mortgage or getting assistance with the deposit from parents ‘bank of mum and dad’.

I am currently going through a divorce, am I able to buy my partner out by remortgaging the property?

Depending on your financial situation this may be possible, however it is very important that you also seek legal advice.

I have found a property that I would like to buy but I have not yet sold my property, is there anything I can do?

Depending on how much equity you have in your current property and also the rental potential of your property you may be able to consider a let-to-buy mortgage. In this event you could remortgage your current property in order to raise the deposit for the new property.

Let-to-buy mortgages should only be considered if you are willing to accept more risk.

I am not a British National and wondered if I can get a mortgage?

If you are an EU National then getting a mortgage should not be too difficult as long as you have lived in the UK for at least 2 years and have been working for the last 12 months.

If you are a non-EU National then we will not be able to advise you.

  • Disclaimer

    Your property may be repossessed if you do not keep up repayments on your mortgage.

    You can choose how we are paid for mortgages, pay a fee usually 0.5% of the loan amount or we can accept commission from the lender.