Our Mortgage Broker Guide to getting a mortgage in Basildon
The mortgage application process has 4 stages regardless of which mortgage lender you use:
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Mortgage Broker Tip 1 | Mortgage Broker Tip 2 |
Set up payment remindersYour credit score is highly sensitive to whether you make your credit card payments on time. Some lenders offer payment reminders through their online portals that can send you an email or text message reminding you when a payment is due.
You might also want to consider enrolling in automatic payments through your credit card and loan providers to have payments automatically debited from your bank account. Be aware however that only the minimum required payment on your credit cards might be made – in the longer term, you should always be careful to manage your finances well. . | Offset MortgageOffset mortgages link up your savings to your mortgage so you only pay interest on the mortgage loan on the debt which exceeds your savings balance. You therefore benefit by being charged less interest than normal so you can look to pay off your mortgage sooner than normal and save possibly thousands of pounds in interest repayments.
Interest rates are often higher than normal for these products and you won't be able to spend the interest you earn on your linked savings. |
Basildon is the largest town in Basildon Borough in Essex, located 32 miles east of Central London. It is a commuter dormitory town for the capital. There are two main shopping centres; Eastgate Shopping Centre and Westgate Shopping Park. Festival Leisure Park offers several restaurants, a bowling alley and an Empire Cinema. The town's landmark clock is in St Martin's Square.