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Mortgage Broker Tip 1 | Mortgage Broker Tip 2 |
Work to keep your credit score as high as possible to make borrowing cheaperKeeping aware of your credit score and taking action to keep it as high as possible essentially makes any credit you are granted likely to be cheaper. If your credit score drops, you'll most likely have to pay higher APRs on future credit or you may be rejected after applying, which has a further negative impact on your credit score. | Variable Rate MortgageThis is one of the two broad categories all mortgages fall into, the other being fixed rate. You can never guarantee when and if the interest rate charged on a variable rate mortgage will change nor by how much making this type of mortgage more risky in terms of suddenly rising repayments. You may, however, benefit similarly from a fall in rates and the initial rate you pay is likely to be cheaper than it would be for a fixed rate mortgage. It might therefore be argued that you should only opt for a variable rate mortgage by choice if you don't mind the risks involved and, in an emergency, can accommodate an upswing in interest rates. |
| Average property price in Cheam | £460,364 |
| % Change compared to last year | 12% |
| Population of Cheam | 10,285 (2011) |
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 Cheam 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.
