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01636 674455
info@bbmortgages.co.uk

Easy! 3 Steps to Get the Best Mortgage Rate

best mortgage rate

The world of mortgages and finance can feel pretty confusing sometimes - the jargon alone can give you a headache! By the time you've worked out the difference between your AIP, your APR, your HLC and your LTV you feel completely lost - and worse still, like you have no control over what happens next.

You're not alone! A lot of people feel pretty helpless when it comes to getting a mortgage - but that doesn't need to be the case.  There are a few simple steps that you can take to help make sure you get the best deal possible AND that you take back control again.

1) Check Your Credit Report

Your credit history plays a big part in deciding what mortgage rate you're offered. The better your credit score, the better the rate. SO it really helps to check your report often and especially if you're planning to apply for a mortgage soon.

This way you can avoid any nasty surprises down the line - a forgotten default, a disputed bill or even an error on your report.  

Oh, and if you do discover that your credit history isn't as good as you hoped, don't panic because a good mortgage broker will still be able to help you find a mortgage.

2) Save the Biggest Deposit You Can

If you're in a position to save - even if it's just a small amount each month, then every penny saved really can make a big difference to the amount you'll end up paying back on your mortgage.

Don't be discouraged if you can't save much - put away whatever you can because you'll be glad of it when it comes to getting your mortgage.

3) Speak to a Mortgage Broker

Your mortgage will probably be the biggest financial commitment you'll ever make - so why wouldn't you seek the help of an expert before taking the plunge?

A mortgage broker will often have access to deals which aren't available elsewhere AND they have the contacts and experience to be able to find the best deal for you, no matter what your circumstances.

Oh, and all that jargon? They can help you with that too... 😜

If you're planning to get a mortgage or re-mortgage then we'd love help!  Just pop your details in the form below and one of our friendly advisers will get back to you. ⬇️

PSST! Before you go...

Did you know that we're always sharing tips and tricks to help you get the best mortgage over on our Facebook Page? We'd love you to head over and give us a like!

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Miss Knight

We would like to take this opportunity to thank you for your efforts in making it possible for us to purchase our first property.  You have been brilliant and your services have been friendly, helpful, swift and professional.  We cannot thank you enough and it has been an absolute pleasure working with you.  What is known to be a stressful time has been very smooth and I have yourselves to thank for this.


Miss Knight

2016-03-22T17:24:36+01:00

Miss Knight

We would like to take this opportunity to thank you for your efforts in making it possible for us to purchase our first property.  You have been brilliant and your services have been friendly, helpful, swift and professional.  We cannot thank you enough and it has been an absolute pleasure working with you.  What is known to be a stressful time has been very smooth and I have yourselves to thank for this.

Mr L

Mr L hadn’t sold his house but had found the house of his dreams, we arranged a mortgage that allowed him to buy his new house without selling and a mortgage that was flexible enough for him to pay a large amount off when he sells his house.

2016-09-13T12:38:09+01:00
Mr L hadn’t sold his house but had found the house of his dreams, we arranged a mortgage that allowed him to buy his new house without selling and a mortgage that was flexible enough for him to pay a large amount off when he sells his house.

Miss G

Miss G sold her house and had found a new house, it all looked straight forward but she had a historical bankruptcy which meant lots of lenders were declining her. We found her a mainstream high street lender that would offer a mortgage even with her previous bankruptcy.

2016-09-13T12:43:22+01:00
Miss G sold her house and had found a new house, it all looked straight forward but she had a historical bankruptcy which meant lots of lenders were declining her. We found her a mainstream high street lender that would offer a mortgage even with her previous bankruptcy.

Mr W

Mr W works abroad but wanted to buy a buy to let property, most lenders will require him to own and live in in a mortgaged property in the UK, however we found a lender that would lend at sensible interest rates for a new buy to let purchase.

2016-09-13T12:48:10+01:00
Mr W works abroad but wanted to buy a buy to let property, most lenders will require him to own and live in in a mortgaged property in the UK, however we found a lender that would lend at sensible interest rates for a new buy to let purchase.

Mr C

Mr C wanted to buy a student house in Lincoln via a limited company to take advantage of the income tax benefits of this. He spoke with other brokers and high street lenders all of which said it wasn’t possible. We found a building society who specialise in this with sensible fees and interest rates.

2016-09-13T12:49:06+01:00
Mr C wanted to buy a student house in Lincoln via a limited company to take advantage of the income tax benefits of this. He spoke with other brokers and high street lenders all of which said it wasn’t possible. We found a building society who specialise in this with sensible fees and interest rates.

✨ 5 Quick Money Saving Tips ✨

Whether you're saving for a deposit or your next holiday, these quick tips will help you to get there faster!

1) Use energy efficient light bulbs
🏠
2) Take a packed lunch to work
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3) Switch off plug sockets when they're not in use
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4) Speak to you bank about using a 'Save the Change Scheme'
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5) Compare supermarket prices using www.mysupermarket.co.uk/

NOW IT'S YOUR TURN!
What tips can you add to this list? 👇
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