Mortgage Questions Answered
Your Mortgage Questions, Answered
Straight answers to the things people ask us most, from how much to offer on a house to whether gambling on your statements will stop you getting a mortgage. Pick a guide below, or ask us directly and we will give you a straight answer.
★★★★★ Real questions from real clients, answered properly. Rated 5 stars by 235+ clients on Google.
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
Guides
Pick Your Question
Cannot see yours? Get in touch and ask. If people are asking it, we will probably write about it next.
Buying a Home
How Much to Offer on a House in Scotland
Offers over, closing dates and the Home Report value, plus a calculator to show what you need to put in.
Read the Guide →New Build vs Existing Homes
Are new builds worth the higher price? The pros, the cons and how lenders see them.
Read the Guide →Get a Mortgage in Principle Before Viewing
Why getting one first puts you in a stronger position when you find the right house.
Read the Guide →Affordability Checks for First Time Buyers
What lenders look at when they decide how much you can borrow.
Read the Guide →Deposit Options: Pros and Cons
Savings, gifts from family and other ways to put your deposit together.
Read the Guide →How Much Can I Borrow?
A quick way to get a feel for your borrowing before you start looking.
Read the Guide →Buying a House in Scotland Step by Step
The whole process from budget to keys, in plain English.
Read the Guide →Missives and Closing Dates Explained
Noting interest, closing dates and when the deal becomes binding.
Read the Guide →The Home Report Explained
How to read the valuation and repair categories before you offer.
Read the Guide →LBTT Calculator Scotland
Work out your tax, including first time buyer relief and ADS.
Read the Guide →The LIFT Shared Equity Scheme
How the Scottish Government can buy a share of your home with you.
Read the Guide →Ex-Council Flats and Houses
High rise, deck access and non-standard construction explained.
Read the Guide →Credit and Bank Statements
How Online Gambling Affects Your Mortgage
What lenders look for on your statements and the red flags to avoid.
Read the Guide →Getting a Mortgage With Poor Credit
Missed payments, defaults or a CCJ do not always mean a no. Here is how it works.
Read the Guide →Understanding Your Credit Score
What your score means and what lenders actually check.
Read the Guide →What Affects Mortgage Approval
What lenders really check and how to get mortgage ready.
Read the Guide →Life Changes and Remortgaging
Getting a Mortgage During Divorce or Separation
Buying someone out, moving on and what lenders need to see.
Read the Guide →Can You Remortgage Early?
When it can make sense to move before your deal ends, and what it might cost.
Read the Guide →When Is the Right Time to Remortgage?
How far ahead to start looking so you do not slip onto your lender's standard rate.
Read the Guide →Remortgaging for Home Improvements
Releasing equity for a kitchen, extension or loft.
Read the Guide →Should I Overpay My Mortgage?
Monthly or yearly, with a calculator to see the savings.
Read the Guide →Your Job and Income
Mortgage on Probation or a New Job
How many payslips lenders want and who lends from day one.
Read the Guide →Mortgages for Nurses and NHS Staff
Bank shifts, overtime, enhancements and agency work.
Read the Guide →Protecting Your Home
Income Protection Explained
Keep paying the bills if illness or injury stops you working.
Read the Guide →Do I Need Life Insurance With a Mortgage?
Level vs decreasing, joint vs single and writing it in trust.
Read the Guide →Get in Touch
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