Our Mortgage Broker Guide to getting a mortgage in Blackwater
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 |
Get your name on a utility bill if it isn't alreadyUtility bills such as gas and water bills count as credit and if you make the correct payments at the right time for them, this will increase your credit score. You may already be contributing responsibly to joint household bills, but unless your name is officially on a bill, it won't give you the chance to give a positive uplift to your score. |
Interest-only MortgageWith an interest-only mortgage, your monthly payments are purely directed towards paying off the interest on your loan. You are expected to pay off the capital yourself using another investment vehicle. The interest payment does not decline during the mortgage term, unlike for a repayment mortgage so although payments are initially cheaper than for repayment mortgages, they never reduce. Interest-only mortgages are now purely the preserve of commercial clients including those looking to buy to let. You cannot take out this kind of mortgage if you a purely residential customer. |
Blackwater is a town in Hart district in Hampshire, close to the borders of Berkshire and Surrey. A landmark is the White Hart Parade of shops and offices to the west of Blackwater station. It is a popular commuter town and the nearest town in Hampshire to London.
By road, the A30 runs through the town and the M3 and M25 are close by. Blackwater railway station is on the line connecting Reading and Gatwick Airport/Redhill, and a change at either Guildford or Reading allows access to trains to London Waterloo (with fast services to London Paddington from Reading).
By road, the A30 runs through the town and the M3 and M25 are close by. Blackwater railway station is on the line connecting Reading and Gatwick Airport/Redhill, and a change at either Guildford or Reading allows access to trains to London Waterloo (with fast services to London Paddington from Reading).
GU17 9AA
Property Price Stats for Blackwater
| Average property price in Blackwater | £352,739 |
| % Change compared to last year | 3% |
| Population of Blackwater | 5,100 (2011) |
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 Blackwater - Recently Completed
- Laurel Cottages, Willow Lane, Blackwater, Camberley, Hants, GU17 9DL
- 4 Brinns Cottage, Green Lane, Frogmore, Hants, GU17 0NZ
- 10 Stoneleigh Ct, Frimley, Camberley, Surrey GU16 8XH
- 4 Mulgrave Road, Frimley, Camberley, Surrey, GU16 8SB
- 9b Vicarage Road, Blackwater, Hammpshire, GU17 9AX
Local High Street Banks in Blackwater
Mortgage Broker in and around Blackwater
Our Blackwater mortgage broker can help you with your mortgage app;lication locally or in any of the surrounding areas including Camberley, Frimley, Sandhurst, Yateley, Farnborough, Chessington and Owlsmoor.
Which banks are local to you?
- Lloyds Bank Plc - 30-32 London Rd, Blackwater, Camberley GU17 9AA
- Natwest Bank Plc - 39 Yorktown Rd, Sandhurst GU47 9DS
- Barclays Bank Plc - 65 High St, Camberley GU15 3RS
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 Blackwater
Mortgage Brokers Blackwater 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.
Blackwater Mortgage Broker Insider Tips
If a family member or friend is providing you with any of the finance towards your home purchase in Blackwater, make sure your solicitor has all the information in good time.
If there is a loan or a gift, your solicitor may need proof of funds, relevant documentation and a proof of ID. If they do not have this, you may find yourself ready to exchange but not able to go ahead. Furthermore, your mortgage lender may not be happy to lend where there is an unregistered interest (i.e. the financial interest of your relative or friend) over the property.
They will want to know if this is going to be a gift or a second registered charge. As you can see this is prone to getting complicated and can affect whether or not you decide to proceed. If you can get everything underway and sorted out as soon as possible, you will be in a better position to make an informed decision from the outset.
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.