Our Mortgage Broker Guide to getting a mortgage in Bridgwater
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 |
Keep your paperwork up to dateYou should ensure that all your debts are registered to your current name and address
Old addresses and names can cause all sort of problems when you apply for credit because of difficulties when it comes to establishing your true and current ID and address. Your application might be refused and this in turn will lower your credit score. | Help to Buy MortgageIf you take up the Government's Help to Buy Scheme to buy a New Build home, the Government provides up to 20% of the purchase price in the form of a repayable equity loan (up to 40% within the Greater London area) to add to your 5% deposit then you pay for the rest of the asking price via a Help to Buy Mortgage.
This mortgage will therefore be for a maximum of 75% of the purchase price (55% in Greater London) and the maximum purchase price is £600,000. Want to find out more? Click on Help to Buy Mortgages |
Bridgwater is a market town in Somerset with a long, rich history lying on both sides of the River Parrett. It's been a major inland port since the Industrial Revolution era. It has had a reputation for political radicalism and, among other interesting attributes, it was the first town in Britain to petition the government to abolish slavery (1785).
Landmarks and attractions include the Somerset Brick and Tile Museum; Bridgwater Town Mill; the Blake Museum; Sydenham House, which is a manor estate dating back to the 17th century; the Church of St Mary (windows date back to the 14th century); the Willow Man sculpture (nearby); the annual Music on the Quantocks series; the Bridgwater Arts centre; the Engine Room (Somerset Film's media centre) and the Bridgwater Guy Fawkes Carnival.