Our Mortgage Broker Guide to getting a mortgage in Bath
The mortgage application process has 4 stages regardless of which mortgage lender you use:
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1
Approval/Decision in Principal (AIP/DIP)
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2
Mortgage in Principal (MIP)
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3
Mortgage Valuation
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4
Mortgage Offer
Read about the full mortgage process here - What is the mortgage process?
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Mortgage Broker Tip 1 |
Mortgage BrokerTip 2 |
Keep your credit utilisation lowAs a rule of thumb, you should use less than 50% of your available credit on any credit card. Once you start taking up more than 50% of available credit, prospective lenders will generally start to take a dimmer view of your financial management skills. |
Capped MortgageThese are a form of variable rate mortgage with the incentive that although repayments can go up or down, they can only rise upwards to an agreed level. If they fall, your repayments reduce in size. The cap, however, might be set relatively high, meaning you should still plan carefully, and the term during which the cap operates might be fixed; if it is, there may be hefty early repayment charges if you leave before the term has finished. |
Bath is a city in the Bath and North East Somerset district of Somerset county in South West England. It is world famous for its preserved, Roman-built baths and is widely regarded as one of the most beautiful cities in the UK. Bath Abbey, originally a Norman church itself built on earlier foundations, is a great landmark. It was built in the early 16th Century and has flying buttresses.
The Royal Crescent is very famous and always looks splendid. The Holborne Museum in Sydney Pleasure Gardens in Great Pulteney Street is an excellent collection of fine and decorative art exhibits in a Grade I listed building and admission is free. Bath also has a university - the University of Bath.
The Royal Crescent is very famous and always looks splendid. The Holborne Museum in Sydney Pleasure Gardens in Great Pulteney Street is an excellent collection of fine and decorative art exhibits in a Grade I listed building and admission is free. Bath also has a university - the University of Bath.
BA1 1AJ
Property Price Stats for Bath
| Average property price in Bath | £406,279 |
| % Change compared to last year | 10% |
| Population of Bath | 83,992 (2001) |
The property price data is sourced from ![]()
the Land Registry's UK House Price Index and you can view up to date property prices by clicking - Land Registry House Price Index >>
Mortgage Broker Bath - Recently Completed
- Hanover Terrace, Bath, Bath & North East Somerset, BA1 6LJ
- Northgate Street, Bath BA1 1AJ
- 2 Bath Street, Bristol, BA3 2EF
- Moorland Rd, Bath BA2 3PW
- Bradford Rd, Combe Down, Bath BA2 5BP
Local High Street Banks in Bath
Mortgage Broker in and around Bath
Our Bath mortgage broker can help you with your mortgage app;lication locally or in any of the surrounding areas including Bristol, Weston-super -Mare, Trowbridge, Chippenham, Keynsham, West Bromwich and Tormarton.
Which banks are local to you?
- Lloyds Bank Plc - Oldfield Park Bath, 23 Moorland Rd, Bath BA2 3PW
- Barclays Bank Plc - 4 - 5 Southgate St, Bath BA1 1AQ
- Natwest Bank Plc - 15 High St, Bath BA1 5AH
Access to the whole of the mortgage market
Appointments available today
Best first time buyer mortgage brokers
Information about Mortgages
Watch our video to find out how to organise your mortgage and funding for your purchase.
Click to access our online mortgage payment/repayment calculator (UK).
Whole Market Access
Our mortgage broker has access to the whole of the market as our home loan brokers aren't tied to any particular mortgage providers.
FREE mortgage consultations for Bath
Mortgage Brokers Bath offering free first consultation (terms apply).
Fast mortgage appointments
With no need for face to face meetings you'll be called on the same day by one of our mortgage specialist brokers to discuss your circumstances and can support complex applications for Help to Buy, Right to Buy and Shared Ownership mortgages
Impartial Mortgage Advice
You'll have access to the whole of the market as our mortgage brokers aren't tied to any one mortgage company.
Bath Mortgage Broker Insider Tips
Let your mortgage lender know if you are needing to work to a deadline.
- If you are using a mortgage to purchase your home in Bath and want to get completed quickly, your mortgage lender should be able to advise you on whether or not this is possible. This could influence your mortgage lender and the mortgage product itself.
- Taking a mortgage out can be a protracted process, especially since the Mortgage Market Review introduced greater restrictions, so it is important to get your valuation completed as soon as you can.
- This can be ordered via your bank or mortgage adviser and it can take around 2 weeks to receive the valuation.
- Please note the mortgage valuation and a building survey are two different things.
*Access to whole of the market – 100% Impartial advice – No need for face-to-face meeting
FREE Online Conveyancing Process for Buyers
Includes online checklists, videos, downloads and tips - plus it is completely free to use from start to finish and saves your progress along the way.
Copyright 2014-20. All Rights Reserved.
SAM Conveyancing is a trading name of Share a Mortgage Ltd registration No. 08798475. We are an Introducer Approved Representative with the Financial Conduct Authority registration No. 618350. SAM Conveyancing complies with the Solicitors' Code of Conduct 2011 published by the Solicitors Regulation Authority (SRA). Your home may be repossessed if you do not keep up repayments on your mortgage.