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Mortgage Broker Tip 1 | Mortgage Broker Tip 2 |
Try not to use all of the possible credit available to youTo credit agencies, a person who has taken up all available credit can look overextended financially. This can negatively affect a credit rating as the person will be regarded as statistically more likely to miss payments or make them late. | Family Deposit MortgageWith family deposit mortgages, a family member places cash in a linked special savings account to help another family member secure a mortgage to buy a home and where the money in the account is held as security against the mortgage not being paid off. The cash is held for a fixed period of time, which can be quite long (many years). The risk is that the mortgagor defaults on repayments so the helper family member's money is at risk. However, savings interest is payable on the linked account, even if at a comparatively low rate, and if the correct repayments are made, there's no other cost to the helper family member. |
| Average property price in Cotham | £386,201 |
| % Change compared to last year | 0% |
| Population of Cotham | 12,554 (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 Cotham 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.
