You are thinking of buying your own property in England and are wondering how to get a mortgage in the UK? The first step when applying for mortgage should be meeting a mortgage adviser, who will determine your credit affordability, based on your income and monthly expenditure. This will be the maximum amount that you can spend monthly on your mortgage. The adviser will also help you to get the so-called AIP – Agreement In Principle (sometimes called DIP – Decision in Principle), which is your bank’s initial mortgage agreement in the UK. AIP is valid for 3 to six months and will be important when negotiating the price for the property with the property agents. Agreement In Principle, given when applying for mortgage in England, is a way of confirming your financial reliability. In order to obtain it, you have to give your credit history to your bank, establish the amount of deposit you are able to pay (it has to be minimum 5% of the value of the property) and show your affordability.
How to choose an affordable mortgage in England?
If you already know your credit affordability and you have chosen your dream home, it is time to act to get a mortgage. With the help of Prestige Financial Services, you will get the mortgage for a house in the UK quickly and easily. When choosing the mortgage, you will have the help of our mortgage adviser. Based on your financial situation, we will present you with the most suitable offers. Service in Polish and the fact that Prestige Financial Services will deal with all the paperwork – we will prepare all the documents necessary to get a mortgage in the UK, will make the whole process much easier. Remember how important it is to consult the adviser. Don’t delay and make an appointment today. The first, initial consultation about getting a mortgage to buy a house in England is free. We will explain how to get a mortgage in the UK which will be perfectly tailored to your financial situation.
