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Mortgage Broker Tip 1 | Mortgage Broker Tip 2 |
Keep credit usage lowLenders always look at how much credit is available to you as well as your outstanding balances. If the amount of available credit you can access is low, lenders can take the view that you aren't looking after your finances successfully. You should always try to keep credit balances below 50% of the total credit available to you. | No Deposit MortgageNo deposit mortgages are designed such that the applicant gets a 100% loan to value (LTV) from the lender without having to provide the normal 10% deposit. The applicant must, however, have an associate (most often a family member) who provides security for the mortgage loan normally by either agreeing to leave a sum of money in a linked account for a set period of time (the lender controls the account during that time period) or by putting up their own house as collateral. If the mortgage holder defaults on repayments, the lender can remove funds from the linked account or force the associate to release value from their own home to make up the shortfall. To find out more, click on No Deposit Mortgages |
| Average property price in Islington | £754,408 |
| % Change compared to last year | 10% |
| Population of Islington | 199,100 (2010) |
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 Islington 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.
