 |  |
Mortgage Broker Tip 1 | Mortgage Broker Tip 2 |
Late bill payments can reduce your credit score!If you are lax about paying bills and often pay them late, this can affect your credit score. Paying your bills on time means a higher credit score and lenders are more likely to trust you. Contributing to household bills without having your name on the bill itself means you won't get that credit score increase. However if the bills are payed form your account, under your name, it will affect your credit score. | Cashback MortgageCashback mortgages are those which provide a lump sum cash incentive on take-up. This makes them marketable towards first time buyers, who may find themselves particularly cash-strapped when they've completed their first purchase and lacking funds for projects like decorating. Cashback mortgages are not restricted in terms of the broader types of mortgage they can accompany: you can get cashback mortgages offered at fixed interest rates and variable interest rates for example. If you are thinking of applying for a mortgage offering cashback, you should carefully examine matters such as the interest rate you'll be paying and any start-up fees you have to pay; you may find that for some mortgage products, the lump sum comes at a far higher cost than you first thought. |
| Average property price in Lancaster | £169,567 |
| % Change compared to last year | - 4% |
| Population of Lancaster | 52,234 (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 Lancaster 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.
