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 £495 depending on your circumstances.
*The actual amount you can borrow will be dependent on a more detailed assessment your financial situation, property value and the size of your deposit or equity.
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Total Interest: £0
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*The actual interest rate will be dependent on a more detailed assessment your financial situation, property value, lender and the size of your deposit or equity.
Lendese has access to thousands of mortgage deals in Ipswich, including exclusive offers not available elsewhere. We also work with specialist lenders who can assist with unique financial situations.
Using a mortgage broker gives you access to a wider range of mortgage deals, including exclusive offers not available on the high street. Brokers compare thousands of mortgage products to find the best fit for your financial situation, whereas banks only offer their own limited range.
You can potentially secure a mortgage with as little as a 5% deposit. However, a larger deposit—typically 10% or more—can provide access to lower interest rates and better mortgage deals, reducing your monthly repayments.
Lenders usually offer between 4.5 and 5 times your annual income, but this depends on factors like your credit history, financial commitments, and deposit size. Property prices in Ipswich may also impact how much you need to borrow.
Yes, Ipswich has a growing rental market, making it an attractive location for buy to let investors. Buy to let mortgages typically require a larger deposit (usually 25%) and may be available on an interest-only basis to help landlords maximise rental income.
Yes, a solicitor or conveyancer is required to manage the legal side of purchasing a property. They handle contracts, local searches, and liaise with mortgage lenders. If you need a recommendation, we can connect you with reputable solicitors in Ipswich.
The process can take anywhere from 4 to 6 weeks, depending on the complexity of the application. Property valuations, affordability assessments, and legal work may extend the timeline, but using a mortgage broker can help streamline the process.
Yes, specialist lenders offer mortgage solutions for applicants with poor credit histories. Whether you’ve had missed payments, defaults, or a low credit score, we can help find a lender that suits your circumstances.
Mortgage offers typically last up to six months. To secure the best deal, it’s recommended to start your remortgage process a few months before your current deal expires to avoid paying higher rates.
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