Applying For A Mortgage | John Charcol

Applying For A Mortgage Explained | John Charcol’s Guide to Applying For A Mortgage

Sophie Waugh, one of our expert mortgage advisers, explains everything you need to know about applying for a mortgage. For a more in-depth discussion about your options, timescales and key stages of the application visit our website to book your free consultation: https://www.charcol.co.uk/

Epidemic Sound own the rights to the music used in this video: http://ow.ly/k4hv50yu8o3

Video breakdown:
00:41- What’s the mortgage process?
01:07- Stage 1: Pre-application
01:28- Why will lenders have issues?
01:39- What may have an impact on my application?
01:59- Jargon to be aware of
03:14- Stage 2: Application
03:42- What happens after securing the decision in principle?
04:04- Stage 3: Assessment and affordability checks
04:18- So what documents do I need?
04:39- Documents needed to support your mortgage application
05:15- Will the lender need additional documents?
05:31- What is a stress test?
05:48- Stage 4: Valuation
06:06- Is it possible to renegotiate with the lender?
06:27- When is payment expected for the valuation?
06:36- Stage 5: Offer
06:57- Can I cancel?
07:25- Stage 6: Completion
07:43- Your deposit
08:00- How long does a mortgage application take?
08:27- Want to hear more?


About John Charcol:
Established in 1974 we are the original independent mortgage broker. With over 40 years’ experience in the industry we understand the challenges our clients face and have the experience and expertise to help guide them through the complex process of buying a house, remortgaging or investing in the property market.

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Видео Applying For A Mortgage | John Charcol канала JOHN CHARCOL - INDEPENDENT MORTGAGE BROKER