Looking to buy your first house? – Let’s get you mortgage ready
Many people are trying to get on the property ladder for the first time despite the pandemic. Banks; however are quite strict in terms of their lending rules, so it is vital to have knowledge of the mortgage application process. We would advise getting in touch with a mortgage advisor at least 6 months before you want to submit an application.
The first thing you need to get an idea of is how much you can borrow. The rule of thumb is you can borrow up to 3.5 times your gross annual income, or in the case of a couple, lenders will look at the combined gross annual income. (You may get an exception to this).
So, why not start now. Complete the form below and one of our advisors will evaluate your situation free of charge and get back to you today.