|
|
Mortgage Broker Tip 1 |
Mortgage BrokerTip 2 |
Cancel out old addresses and accounts from your fileOld addresses – and accounts linked to old addresses – can play havoc with a mortgage application because of problems with ID checks. You should ensure that old accounts are properly closed and that active accounts are linked to your present address. |
Repayment MortgageThese are now the only type of mortgage open residential home buyers. As they sound, you repay the mortgage by paying back some of the interest each month as well as some of the capital you've been loaned. The mortgage is fully repaid once you've successfully made all the monthly payments for the whole term (traditionally 25 years). Repayment mortgages are distinct from interest-only mortgages, where you simply pay back the interest on the mortgage loan each month and at the end of the mortgage period, you repay the capital with money you've saved elsewhere. Monthly repayments are therefore cheaper than for repayment mortgages, however there's no set vehicle for saving up the capital to be repaid. |
| Average property price in Tolworth | £504,868 |
| % Change compared to last year | - 3% |
| Population of Tolworth | 9,833 (2016) |
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 Tolworth 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.
