Residential Mortgage
Residential mortgage deals
Comparing mortgage deals is daunting when you’re starting out. So we put all our latest offers – sourced via our expert comparison tool – in one place. Our mortgage advisors will happily talk you through them.
Residential Mortgage calculators
You’ve seen a spectacular property. In your dreams you already live there – but can you afford it? Introducing our mortgage calculator, the most reliable tool in the business when you need to number crunch fast.
Residential Mortgage calculators
You’ve seen a spectacular property. In your dreams you already live there – but can you afford it? Introducing our mortgage calculator, the most reliable tool in the business when you need to number crunch fast.
Residential Mortgage information
When you’ve worked hard to buy your first home, securing your first mortgage shouldn’t be taxing. Jargon-free and user-friendly, our mortgage guide tells you all you need to know.
Let Us Guide You
Check out our essential guides on all you need to know about the mortgage process.
How much deposit do I need?
When it coms to putting down a deposit to buy a property, the more you can save up, the better.
Do I need life insurance?
Protection for you and your family should the worst happen.
What are the different types of mortgage?
With so many different mortgage deals to choose from, finding the right one for your individual circmstances can feel difficult to find.
Residential Mortgage FAQs
Residential mortgages come in various forms, including fixed-rate (stable payments for 2-10 years), variable-rate (tracker or discount deals tied to the Bank of England rate), interest-only (pay interest now, repay the loan later with a solid plan), and help-to-buy schemes (5% deposits for first-time buyers). At Property Finance Choices, we tailor solutions to your needs—whether you’re self-employed, a first-time buyer, or looking to remortgage—matching you with lenders offering flexible terms and competitive rates. Let’s find your perfect fit!
Most lenders require a minimum 5-10% deposit, but putting down 15-20% unlocks better rates and lower monthly costs. First-time buyers can use schemes like the Mortgage Guarantee Scheme (5% deposits) or Shared Ownership (buy a portion of the home). We’ll calculate your ideal deposit, explore government incentives, and connect you with lenders who maximize your budget—turning homeownership dreams into reality, one step at a time!
Yes! Even with CCJs, defaults, or self-employed income (2-3 years of accounts), specialist lenders offer solutions. Larger deposits (15-25%) and proof of affordability improve approval chances. We’ll match you with lenders who prioritize your current financial stability over past credit hiccups or non-traditional income, ensuring you secure a mortgage that fits your lifestyle—no judgment, just results!
From application to offer, it typically takes 2-6 weeks. Delays often stem from document checks (payslips, ID), property valuations, or legal work. We speed things up by pre-screening your paperwork, securing fast-track valuations, and liaising with lenders daily. Start with a 10-minute Agreement in Principle to shop confidently—we’ll handle the heavy lifting!
Budget for arrangement fees (£999-£2,000), valuation fees (£150-£1,500), legal costs (£800-£1,500), and Stamp Duty (if your home costs over £250k). Some lenders offer cashback or free valuations to offset costs. We’ll provide a full cost breakdown, negotiate fee-free deals where possible, and ensure your mortgage stays affordable—no hidden surprises!
