Our Mortgage Broker Guide to getting a mortgage in Holland Park
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 |
Check your scores with all 3 credit reference agenciesThe 3 companies – CallCredit, Experian and Equifax – all use different methods to derive your score: you should therefore check all 3 to find out what points they've given you because you don't know which agencies a lender will check with. <>/div> The additional benefit is that credit reference agencies occasionally do make mistakes, for example keeping an address on file which has become obsolete. You should always work quickly to make mistakes as you may end up being unfairly penalised and this can spiral, with resolution becoming a complicated matter! | Current Account MortgageCurrent account mortgages are a version of offset mortgage where your current account and mortgage are converted to one account. The idea is that when you get paid, the credit reduces your mortgage sum, so mortgage repayments become cheaper, however the more of your pay you use, the more that the repayments rise to 'normal' levels.
The more your account is in credit, the more capital you'll pay off. You can't normally access discounted rates with this kind of mortgage. |
Holland Park is a very pleasant district of West London centred around Holland Park Avenue and named after the beautiful park itself with its stunning Japanese Garden – Kyoto Garden. Many large houses were built there in the mid-19th century and there are a large number of celebrities living in the locale.
Landmarks and attractions include Holland Park gardens and park area, the Leighton House Museum, the Notting Hill Arts Club, Ladbroke Square, numerous consulates and embassies and Shepherd's Bush's shopping areas – including the mammoth Westfield London Shopping Centre – are within easy reach.