Our Mortgage Broker Guide to getting a mortgage in Sutton
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 |
Be wary of fraudIdentity fraud is on the increase and can seriously damage your credit score. This is another reason to check your credit file regularly: in the searches section particularly, you should examine it to see if there's any which you don't recognise (double-check with the named lender).
If you think you've become a victim of identity fraud, you should report this to Action Fraud. | Help to Buy MortgageIf you take up the Government's Help to Buy Scheme to buy a New Build home, the Government provides up to 20% of the purchase price in the form of a repayable equity loan (up to 40% within the Greater London area) to add to your 5% deposit then you pay for the rest of the asking price via a Help to Buy Mortgage.
This mortgage will therefore be for a maximum of 75% of the purchase price (55% in Greater London) and the maximum purchase price is £600,000. Want to find out more? Click on Help to Buy Mortgages |
Sutton is a town south south west of Central London (about 10 miles), near to Cheam which it shares a municipal borough with. It's a hub for filming along with the nearby Wimbledon Studios in Wimbledon. It has a large library, a theatre and four conservation areas. Notably the town has among the lowest crime levels in Greater London.