Top tips for getting a Mortgage
Top tips for getting a mortgage Your dreams of buying your perfect home can often be curtailed by a lender's tight purse strings. If you are struggling to borrow as much money as you would like read on for tips on how you can make yourself more attractive to lenders and increase your chances of getting a bigger loan. How Banks Decide How Much to Lend Stability, Ability and Willingness. There you have it in a nutshell. When a lender is assessing how much cash to lend you they look at a number of things including affordability (how much they think you can afford to repay), existing debts, your credit rating and your income. For access to your credit rating and report, use our totally free credit report service . In order to maximise the amount you can borrow you need to minimise anything that might be a red flag for a lender and make sure your finances are in the best possible shape. Follow the tips in this guide to get your finances in shape and looking their best. 8 Ways to Boost ...