![]() |
![]() |
Mortgage Broker Tip 1 |
Mortgage BrokerTip 2 |
Unused credit cards and store cards? Cut them up!Access to too much available credit that you don't use at all can negatively impact your credit rating. In other words, the difference between taking a small amount of credit on a card and then paying it off correctly is preferable to having the card but not using it at all. The best thing to do with credit cards and store cards that you don't use at all is to destroy them. Conversely, you shouldn't 'max out' any one credit card – you are better off using less than 50% of available credit on any one card and taking on another one if you are maxing one out to spread your credit (ensuring that you pay down the card which you max out of course!). Additionally, dormant bank accounts which have good credit histories are best left open – these can benefit your credit score. |
Interest-only MortgageYour repayments for an interest-only mortgage only go towards paying for the interest on the loan. The actual loan capital has to be paid off using one or more other investment vehicles, such as an endowment fund – it does not work like a repayment mortgage, where you develop an increasing equity in the property over time. Interest-only mortgages are only open to commercial mortgage applicants, including, most notably, those looking to buy to let. |
Average property price in Fleet | £390,718 |
% Change compared to last year | 6% |
Population of Fleet | 38,726 (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 Fleet 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.