Understanding how much money you can borrow and securing a mortgage is often the most crucial part of the house-buying process. In fact whether you are a first-time buyer, investor/landlord or simply making your next move on the property ladder, it is always advisable to sort this out before you even begin viewing properties.
At Townends we have advisors from dot financial services on hand to provide expert mortgage advice including many exclusive products not available directly from lenders through their association with the Legal & General Mortgage Club.
There are a number of costs involved in buying a home from stamp duty to solicitor’s fees through to survey fees and even removals. It is important that you include all of these in your planning so we’ll fully explain them to you meaning that you can set a budget and start looking for your first home with confidence. To start this process you can download our handy cost of moving sheet and monthly budget planner.
How much you can borrow depends on a number of factors including:
Budgeting for your move
- How much you earn
- How much you spend each month (download our handy monthly budget planner for help working this out)
- How much you can afford to pay for your mortgage each month (use our mortgage calculator for an idea on how much your monthly repayments are likely to be)
- Your credit history
- How much deposit you have available
For more information or to book and appointment with a dot advisor, please contact us or why not call your local Townends branch?
dot financial services is a trading name of Townends (Financial Services ) Limited which is an appointed representative of Legal & General Partnership Services Limited which is authorised and regulated by the Financial Services Authority for advising on and arranging mortgages and insurance.
Your home may be repossessed if you do not keep up repayments on your mortgage.
dot financial services charge a fee of £249 payable when you apply for a mortgage
