The mortgage
advice process.

Understand how an adviser reviews your finances, explains mortgage options and supports an application.

Plan my mortgage
An informal conversation about finances at a kitchen table

What to expect
from mortgage advice.

Questions about your mortgage.

The one you’ve been sitting on. The one that feels obvious. The one about what happens if life changes. All worth asking.

Rates, fees and risks.

Monthly payments are a start. Fees, conditions, timescales and the risks should be just as easy to understand.

Your application and next steps.

You should know what happens next, what is needed from you and where a decision needs more thought.

Mortgage advice,
step by step.

The usual stages, from reviewing your finances to understanding your mortgage offer.

  1. 01

    Review your finances and plans.

    Where you are, where you want to be, and what feels uncertain. Bring your questions and a rough picture of your finances.

  2. 02

    Compare suitable mortgage options.

    Consider lender criteria, affordability, costs and the trade-offs. A useful recommendation explains the why as well as the what.

  3. 03

    Prepare the mortgage application.

    Documents, checks and the application itself. A lender makes the final decision and may need more information along the way.

  4. 04

    Review your mortgage offer.

    Understand the mortgage offer and what remains before completion. Leave space to think about protection and your longer-term plans.

Mortgage application
questions.

Plan my mortgage
Is an agreement in principle a guarantee?

No. It is an indication of what a lender may be willing to lend based on the information provided. A full application, checks and a suitable property are still needed.

Should I choose the lowest interest rate?

Compare the overall cost and the terms, including fees and any incentives. The lowest rate may not give the lowest cost for the period you expect to keep the mortgage.

What if things change before completion?

Changes to your income, borrowing or circumstances can affect a lender’s decision. Tell your adviser or lender promptly rather than assuming an earlier decision will still apply.

Prepare for
mortgage advice.

Create a checklist for your mortgage conversation.
No personal details are needed.

Plan my mortgage
A good listener.
Terrible at paperwork.
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