Mortgage basics FAQ

If you are interested in buying a new home, our mortgage basics FAQ will offer an introduction into what mortgages are, how they work, and what you can expect when you decided to apply for one.
Published: 28-06-2018

What is a mortgage?

What types of mortgage are there?

What is an APR?

What does LTV stand for?

How much can I borrow?

How much will I need for a deposit?

How do lenders work out if I'm eligible for a mortgage?

When should I apply for a mortgage?

What do I need to apply for a mortgage?

How long does it take to get a mortgage?

What are the costs involved in getting a mortgage?

How long can I borrow for?

I'm self-employed - can I get a mortgage?

I have poor credit history - what can I do?

What if I can't pay my mortgage repayments?

How can I protect myself against falling behind with my repayments?

Can I have more than one mortgage?

Can I move my mortgage to a different lender?

I've been mistreated by my mortgage provider - what can I do?

Should I use a mortgage broker?

If you have any feedback on this article please contact us at [email protected]