Our Mortgage Broker Guide to getting a mortgage in Chelmsford
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 |
Ensure that information on your credit report is correctA bad score can be down to mistaken information – it might even indicate that your identity has been stolen.
By carefully checking, you can ensure that information held on you is up-to-date. Remember that obsolete addresses can negatively affect your credit rating and if you had previous ties with people who have bad credit, you should ensure that these people are no longer associated with you by corresponding with the agencies themselves. | Current Account MortgageA current account mortgage is a variant of an offset mortgage and involve your current account effectively becoming pooled with your mortgage repayment account.
Your salary goes into the account and in doing so, reduces the capital you owe on your mortgage and the interest which is charged on it. The more your account is in credit, the less your mortgage payments become. You can't normally get discounted rates for this kind of mortgage. |
Chelmsford is the county town of Essex and is a city 32 miles north-east of London. It developed out of the former parishes of Broomfield, Great Baddow, Galleywood, Writtle, Moulsham, Widford and Springfield. It is well-equipped and mixes modern development with a long, distinguised history.
For leisure, there are many attractions; for example, you can visit Hylands House, a noe-classical villa and grounds, or Ingatestone Hall, a stunning Tudor mansion, or Tropical Wings Zoo in South Woodham Ferrers, which is very children-friendly and is all-weather.