Christmas is fast approaching and one thing on your festive wish list might just be a new home. If you’ve found your dream home and want to apply for a mortgage. It’s at this point that some house-hunters hit their first major hurdle – getting accepted by a mortgage lender – so what could be stopping you from getting that all important mortgage?

The months of November and December may provide the perfect time for you to consider your future. Is now the time you require your own space and the want to put down some roots for the future?

If so, it’s worth looking at some of the potential pitfalls that could stop you in your tracks of securing your mortgage on the way to your next chapter of life. Here’s what to consider:

  • Will you be subject to restrictive lending criteria?
  • Perhaps you’re not on the electoral register?
  • Are you in too much debt?
  • Do you not have a credit history?
  • Perhaps you have had money troubles in the past?

Every lender has an idea of the type of customer they want to lend to, but not every customer will fit that remit. Perhaps you want to borrow too much; even if you think you can afford it, some lenders may see this differently. Maybe you’re self-employed or too old. It won’t always be a perfect match – there is no ‘one size fits all’ option.

Rather than risk being turned down, seek advice from a mortgage expert such as Liddle Perrett, who will fully assess your circumstances and attempt to match you to the best possible lender.

Ultimately a lender wants to know that you can manage the repayments comfortably in a broad range of personal and national economic circumstances. This is why we take your whole circumstances into account to recommend a suitable product, and it’s that thorough, professional look at your finances that makes our advice so valuable.

We’re able to give you the peace of mind, your query will be dealt with promptly and without fuss, this is just one of the many benefits we can provide.

You’re only a small call away from getting your finances back on track with Liddle Perrett.

For Mortgage advice please contact:
David Liddle on 0345 894 8441 or david@liddleperrett.com.

For Protection advice please contact:
Sarah Buckingham on 0345 894 8441 or sarah@liddleperrett.com.

For General Insurance advice please contact:
Jade Topliss on 0345 894 8441 or jade@liddleperrett.com.

Your property may be repossessed if you do not keep up repayments on your mortgage.

This firm usually charges a fee for mortgage advice. The amount of the fee will depend upon your circumstances and will be discussed and agreed with you at the earliest opportunity.

Liddle Perrett Ltd is an Appointed Representative of PRIMIS Mortgage Network. PRIMIS Mortgage Network is a trading name of First Complete Ltd which is authorised and regulated by the Financial Conduct Authority for mortgages, protection insurance and general insurance products.