Getting Mortgage Ready

Where do I start?

M S +2

10 articles in this collection
Written by Sophia Guy-White, Mari-Liis Kanter, Stephanie Roshier and 2 others

What is a mortgage?

A mortgage is a loan you take out to buy a property. You borrow the money from a lender, but the lender doesn’t own your home. You do.

Written by Sophia Guy-White
Updated over a week ago

What fees can I expect while purchasing a property?

Valuation fees, solicitor's fees, stamp duty and other fees can add up when buying a home.

Written by Millie
Updated over a week ago

How to get mortgage ready following COVID-19.

Did you see your income impacted by COVID-19?

Written by Millie
Updated over a week ago

Mortgage in Principle

What will I need to start my application?

To start your application you will need to have your personal details to hand about yourself, and any other applicants.

Written by Mari-Liis Kanter
Updated over a week ago

How do I get a mortgage in principle?

What is an MIP and how do I get one?

Written by Stephanie Roshier
Updated over a week ago

Can you have more than one mortgage in principle (MIP)?

Yes, you can have more than one MIP. Although it would be easier to update your details on your existing dashboard. Read to find out how.

Written by Stephanie Roshier
Updated over a week ago

Documents

What documents do I need to apply?

We will need to see evidence of income and expenditure, as well as proof of ID. You can find more information on this here.

Written by Sophia Guy-White
Updated over a week ago

Accountants certificate

What qualification is needed to provide an accountants certificate?

Written by Millie
Updated over a week ago

Getting married: using your new name

Can I use my new name on my mortgage application?

Written by Balal Habib-Ur
Updated over a week ago

What is life insurance and do Generation Home require me to have it?

Life insurance is a policy that will pay an amount of money should the worst happen to you. This is not mandatory to have for a mortgage.

Written by Balal Habib-Ur
Updated over a week ago