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Find an answer to your mortgage questions in our Mortgage FAQ's section

Mortgages FAQ's


How much deposit will I need to buy a home?

In the current market, you might find you need as much as 10% or even 15%, as many lenders have withdrawn their low-deposit deals due to economic issues caused by COVID-19. Lenders can change the amount of deposit required so it is advisable to speak to one of our mortgage brokers and they will be able to advise on which lenders have a lower deposit available.


Can parents contribute towards my mortgage deposit?

Yes, they can. Mortgage lenders do prefer deposit money to be a gift and usually ask for a letter from parents confirming that the money does not need to be repaid and is gifted.


How much can I borrow for a mortgage?

The amount you can borrow for a mortgage, will depend on your current circumstances and your income and expenditure. You can take a look at our mortgage calculators or arrange a no obligation appointment with one of our mortgage advisers.


What type of mortgage is best for me?

 Our mortgage brokers can explain each type of mortgage to you and help you work out which option is likely to be the most suitable, for your individual circumstances. Whether it be fixed rate, tracker, variable rate or other mortgage types, our mortgage brokers have in-depth knowledge to recommend the most suitable.

What is a mortgage broker?

A mortgage broker is a specialist with in-depth knowledge of the market.  They will only recommend mortgages that are most relevant to your requirements and they are qualified to give mortgage advice to you. 


Why should I use a Mortgage Broker?

A mortgage broker will be able to access mortgage deals not available directly to the public and will have an intimate knowledge of which lenders are most likely to accept your mortgage application. By using a mortgage broker, you will have access to more mortgages than available directly to you as a consumer. This is because there are mortgage lenders who only lend through mortgage brokers and many lenders who create exclusive mortgages only available through a mortgage broker.

Mortgage brokers remove a lot of the paperwork and hassle of getting a mortgage. 

Because we play by the book we want to tell you that…

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.

Need more help?

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