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Mortgage Broker Tip 1 | Mortgage Broker Tip 2 |
Don't make multiple applications for creditIf you apply for lots of credit then every company you apply to will check your credit file. This could indicate that you are desperate for money and will have an impact on your credit score. Banks and building societies even check your credit score when you open a bank account. Don’t worry, checking your credit score through Experian, Equifax or CallCredit will not affect your credit score. | Discount MortgageLenders have a standard variable rate (SVR) for mortgages which is normally a few percentage points above the Bank of England's (BoE) base rate. This rate will vary with changes in the BoE base rate and the lender can vary it autonomously. When you get a discount mortgage from a lender, the variable interest rate charged on your mortgage will be at a discount from its SVR. You benefit because the discount rate is cheaper than the SVR and if the SVR itself goes down, your repayments become even less, although the discounted rate can similarly rise. The discount rate is normally for a fixed time period, typically 2 or 3 years. There may well be expensive early repayment charges if you choose to leave. |
| Average property price in Bromley | £430,869 |
| % Change compared to last year | 9% |
| Population of Bromley | 299,100 |
Our mortgage broker has access to the whole of the market as our home loan brokers aren't tied to any particular mortgage providers.
Mortgage Brokers Bromley offering free first consultation (terms apply).
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
You'll have access to the whole of the market as our mortgage brokers aren't tied to any one mortgage company.
