Mortgage Tips

Student Mortgages

Young, single, and very likely to be short of cash. It is highly unlikely that you will be able to attain a large lump sum for a mortgage deposit, and your income will probably be reasonably low.

Not exactly an enticing prospect for a mortgage lender. Your best bet will be to approach a member of your family to help you raise the deposit and/or a guarantor mortgage.

This could help you get an early foothold on the property ladder, which would be considered by many as a major achievement.

Mortgages for those Pushing 30’ish

You have spent your twenties paving the way for a successful career, and perhaps thinking of moving in with a partner.

Ask lenders for their first time buyer deals, including 100% mortgages, cash back's and consider a joint mortgage with a partner.

Those who would consider a bit of a risk could consider an interest only mortgage combined with savings and investments, like an off set mortgage or long term mortgage.

Mortgages for the More Successful

Let's make the assumption that you have a family or planning for one shortly, your career is established and you feel like you have achieved some form of stability.

You may want to make the most of your money by looking at flexible mortgages, or one that can be offset against your other accounts, like an Off Set Mortgage

Equally your current home may have accrued equity, which could be released by remortgaging your home, and perhaps switching mortgage company. If you run your own business and have some capital to invest, you might want to try a self-certification mortgage.

Many people will obviously fall some where across all three of the above, but will never be able to make an exact match. This reiterates one of the most important factors when seeking remortgage advice. Get a mortgage specialist to guide you.

Skip To Content