Save a deposit
Jeff Adams Real Estate Seminar Use our budget planner to work out what you can happily afford to repay each month. Include a usual amount for unforeseen expenses in your budget such as medical expenses, interest rate increases etc.
Our expenses calculator can help you work out what you are spending your money on now and where you can cut back.
Use our mortgages comparison to help you compare the different rates and repayments from lenders based on the value of the home you have in mind and how much you may want to borrow.
Different lenders will have different criteria, attention rates and policies, so you really need to shop around when applying for a mortgage. Check out our mortgages shopping around checklist to help you compare and track different rates and lenders.
Your budget
Some people find the property they want to buy first, and then start looking for a mortgage. But there is no point looking at a new home if you don’t know whether you can get a mortgage or how much you can use. Getting approval in principle means that your lender approve you for a mortgage of up to a certain amount, based on the details you give in your application.
Applying for a mortgage
Excellent money management and a steady savings record will work in your favors when applying for a mortgage.
Mortgage defense insurance
You are over 50
You are buying an investment property
You have enough life insurance in place already
Find new home
Look for a solicitor
Making an offer on a home
Sale agreed
Check everything
Mortgage approval
Signing contracts
Stamp duty
Collect your keys
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