Our Mortgage Broker Guide to getting a mortgage in Finchley
The mortgage application process has 4 stages regardless of which mortgage lender you use:
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1
Approval/Decision in Principal (AIP/DIP)
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2
Mortgage in Principal (MIP)
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3
Mortgage Valuation
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4
Mortgage Offer
Read about the full mortgage process here - What is the mortgage process?
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Mortgage Broker Tip 1 |
Mortgage BrokerTip 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. |
Capped Rate MortgageThese are a type of variable rate mortgage, based on a lender's standard variable rate (SVR), but one where the rate cannot become higher than an agreed level (and therefore the repayments more expensive). You can gain from these types of mortgages if the lender's SVR comes down, however you need to be sure that you have enough finance to make monthly repayments as high as the level of the cap, which may itself be set quite high. You often find also that the rate itself is generally higher than for other variable and fixed rate mortgages. |
Finchley is an affluent residential suburb in FInchley Borough in North London. It has great shops and is particularly notable for the variety of world cuisines to be found in its many independent restaurants. Of particular note are Genzo on the High Road (East Finchley - Greek cuisine), the Khoai Cafe in Topsfield Parade (North Finchley - Vietnamese cuisine) and Durum in Ballards Lane (Finchley Central as well as a branch in nearby Golders Green - Turkish cuisine). It also contains Glebelands, a lovely local nature reserve.
NW11 8RT
Property Price Stats for Finchley
| Average property price in Finchley | £570,047 |
| % Change compared to last year | 4% |
| Population of Finchley | 69,370 |
The property price data is sourced from ![]()
the Land Registry's UK House Price Index and you can view up to date property prices by clicking - Land Registry House Price Index >>
Mortgage Broker Finchley - Recently Completed
- Bigwood Court, Bigwood Road, Finchley, London, NW11 6SS
- Meadway Court, Finchley, London NW11 6PN
- Market Place, East Finchley, London, N2 8BB
- Nether Close, Finchley, London, N3 1AA
- Glebelands Close, North Finchley, London, N12 0AL
Local High Street Banks in Finchley
Mortgage Broker in and around Finchley
Our Finchley mortgage broker can help you with your mortgage app;lication locally or in any of the surrounding areas including West Hampstead, Golders Green, Hendon, Brent Cross, Colindale, Dunstable and Hampstead.
Which banks are local to you?
- Barclays Bank Plc - 463-465 Brixton Rd, Brixton, London SW9 8HL
- Lloyds Bank Plc - 357 Regents Park Rd, Finchley, London N3 1DN
- Nationwide Building Society - 5/7 William Street, Windsor, SL4 1ED
Access to the whole of the mortgage market
Appointments available today
Best first time buyer mortgage brokers
Information about Mortgages
Watch our video to find out how to organise your mortgage and funding for your purchase.
Click to access our online mortgage payment/repayment calculator (UK).
Whole Market Access
Our mortgage broker has access to the whole of the market as our home loan brokers aren't tied to any particular mortgage providers.
FREE mortgage consultations for Finchley
Mortgage Brokers Finchley offering free first consultation (terms apply).
Fast mortgage appointments
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
Impartial Mortgage Advice
You'll have access to the whole of the market as our mortgage brokers aren't tied to any one mortgage company.
Finchley Mortgage Broker Insider Tips
Receiving a gifted deposit? Ensure that the donor/s have their IDs and proof of funds to hand.
When you instruct a solicitor to buy or sell a property, you need to give them proof of ID and address and proof of funds.
If you're being helped with deposit funds from family members etc., your solicitor will want to know who these people are and where their money in turn has come from and they will have to prepare a signed and witnessed gifted deposit declaration.
Ensuring that anyone gifting deposit funds to you has these items in readiness guards against unnecessary delays.
*Fixed Fee – No Sale No Fee – On all Major Lender Panels
FREE Online Conveyancing Process for Buyers
Includes online checklists, videos, downloads and tips - plus it is completely free to use from start to finish and saves your progress along the way.
Copyright 2014-20. All Rights Reserved.
SAM Conveyancing is a trading name of Share a Mortgage Ltd registration No. 08798475. We are an Introducer Approved Representative with the Financial Conduct Authority registration No. 618350. SAM Conveyancing complies with the Solicitors' Code of Conduct 2011 published by the Solicitors Regulation Authority (SRA). Your home may be repossessed if you do not keep up repayments on your mortgage.