So you`ve found your dream home and now it`s time to apply for a mortgage. Here`s what a lender will usually want to know:β£
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π Your income, including any pensions, investments or financial support you receive (e.g. child benefit)β£
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π Your other financial commitments like household bills, overdraft payments and whether you have any children.β£
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π Any potential lifestyle changes that might affect your ability to make repayments in the future, such as having a baby, taking redundancy, or returning to education.β£
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π To prove your incomings and outgoings, you`ll need to provide payslips, tax forms, and details of any financial arrangements you have (e.g. car payments, paying off your student loan, pension contributions). You`ll also need to show household bills, council tax bills, insurance paperwork, and any invoices for childcare.β£
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Don`t worry if this sounds overwhelming - our team of experts is here to guide you through the process. Give us a call at 0800 612 5596 or visit our website (π in bio) to learn more.β£
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Your property may be repossessed if you do not keep up repayments on your mortgage. Yes Mortgage Services Limited do not charge a broker fee.β£
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