Welcome back to the ESPC first-timers club!

In this episode we discuss the process of applying for a mortgage including how to work out your budget, how to find out about your credit score and the best ways to save money for a deposit.

CHAPTERS:

0:00-0:30 Intro

0:30-2:10 Working out how much money you can borrow

2:10-3:14 Calculating affordability

3:14-5:07 How do children and pregnancy affect your mortgage eligibility?

5:07-6:21 How to find out what your credit score is

6:21-7:57 How much money do you need to buy a home?

7:57-9:16 Additional costs to mortgages

9:16-11:07 Money saving advice

11:07-11:34 When is the best time to speak to a mortgage advisor

The initial consultation with an ESPC Mortgages adviser is free and without obligation. Thereafter, ESPC Mortgages charges for mortgage advice are usually £395 (£345 for first-time buyers). YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOANS SECURED AGAINST IT.

The information contained within this website is subject to the UK regulatory regime and therefore restricted to consumers based in the UK.

The Financial Ombudsman Service is available to sort out individual complaints that clients and financial services businesses aren’t able to resolve themselves. To contact the Financial Ombudsman Service, please visit www.financial-ombudsman.org.uk.

ESPC (UK) Ltd is an Appointed Representative of Lyncombe Consultants Ltd which is authorised and regulated by the Financial Conduct Authority.

ABOUT ESPC

ESPC is more than just a market leading property website. We are the home of property and are here to help you at every stage of your property journey.

Whether you are buying, selling, a property investor or renting, ESPC is here with expert advice and thousands of properties for sale across Edinburgh, the Lothians, Fife, the Scottish Borders, central Dumfries and Galloway, and West of Scotland.

www.espc.com