The Mortgage Application Process:

Applying for a mortgage is straight forward:

Visit the online mortgage application page and fill in a few basic income, loan and contact details.

An experienced mortgage advisor will contact you within 24 hours (Monday – Friday).

He / she will calculate the maximum mortgage you’d qualify for, and will work out a selection of quotes for you.
You’ll either be emailed or posted an application form (you choose which suits you better) to sign, and a short list of supporting documents the lenders will require, such as your P60 and pay slips.
Complete the form and return with the supporting documents.
Formal ‘Approval in Principle’ will be issued by the mortgage lender. This is subject to a suitable property valuation.
When you successfully bid on a property and place a booking deposit, contact the broker, who will arrange a valuation on the property.

(Alternatively, if you are refinancing your existing home, the valuation will be arranged as soon as the formal approval in principle is issued).
Your ‘Letter of Offer’ will be issued within a few days of the valuation being completed. The letter of offer outlines the mortgage term (i.e. the number of years you decided to take the mortgage over), the interest rate etc. Once you have the offer, you can sign contracts.
The mortgage advisor will liase with the estate agent, solicitor, and bank to ensure the cheque issues when it’s required.