How do UK mortgages work?

In the UK the mortgage process is really simple. Initially, you will be partnered with one of our mortgage specialists. This will be based on your nationality as each specialises in different client countries.

You will then go through some basic questions such as income and outgoings. The broker will give some basic ideas of the types of mortgages you can get, but then actually speak to each bank for you.

After 24-48 hours they will come back with confirmation of the best rates for your specific circumstances and the property.

You can also request an official ‘Decision in principle’ where the bank will give you a document to confirm they will lend to you based on the information they have.

At this point we would start the mortgage process if the property is completed, or if its being built we would start the process 2-3 months before completion.

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