Our Mortgage Broker Guide to getting a mortgage in Cobham
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 |
Get on the electoral roll, even if you choose not to actually vote!This is hugely important as many lenders won't even consider lending to you if you're not on the electoral roll.
Not being on the electoral roll makes checking your ID more difficult which always impacts your credit score. | Joint MortgageAny time you apply with at least one other person for a mortgage, you are applying for a joint mortgage. The lender lends you money not only based on your salary but on the salaries of any other joint applicants, meaning you might jointly potentially secure a much larger mortgage sum than if you applied singly.
The down side of a joint mortgage is that you all become joint and severally liable to repay it. So you could be making your fair contribution to mortgage repayments but if your mortgage partner/s are not, the lender can pursue you as well as the others for the shortfall. |
Cobham is a village in Elmbridge Borough in Surrey, 17 miles south-west of London and 10 miles from Guildford. There are a number of primary and private schools in the locale and a landscape park called Painshill Landscape Park. Brooklands Museum, featuring aeronautical, car, motorbike and bike exhibits, is within easy reach as is Chessington World of Adventures, with its theme park and zoo.