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I know how hard it can be to secure a mortgage, which is why I want to provide you with the best information and resources at all times. Still have a question? Feel free to get in touch with me using the 'Contact Us' page. Frequently Asked Questions I know how hard it can be to secure a mortgage, which is why I want to provide you with the best information and resources at all times. Below you’ll find answers to some of the questions I get asked the most. Still have a question? Feel free to get in touch with me using the 'Contact Us' page. How much can I borrow? This is by far the most common question I get - and not just from first-time buyers! It is much more complicated than some people think. Each bank will assess overtime, commission/bonuses and benefits differently. Some banks will be much harsher on anything you have on finance. I always say to get in touch and we can have a chat about this to get you a definite answer. I used an online calculator - why did I fail an AIP? Online calculators are not always accurate as you have to also know the lender's policies. Not all banks accept bonuses or overtime so you could enter it in and think you can borrow much more than they would actually lend. Please get in touch and we can cover all of the market rather than checking every calculator out there. Would interest only be better for my residential property? In nearly all cases NO! Many banks would not lend on interest-only for residential properties. Why do I need a mortgage broker when I could just apply online myself? Moving is a stressful thing and your mortgage broker should be there to help you all the way through. I would look through each lender to find who would lend the most, who is offering the cheapest deal and which lender would be the best for you. I would then do the application and deal with the bank as the application progresses. Going backwards and forwards when they need further information - have you got enough time to do all of that yourself? Also, I deal with estate agents, solicitors and surveys everyday so I can assist and help on all of these points to try and keep your stress levels to a minimum. Which is the best lender? This answer is different for each customer. I have used 13 different lenders in the last three months and each time the lender was the best for that person’s individual circumstances, so it is impossible to say that one lender is the best. How often do interest rates change? At the moment, almost daily - it really is that quick moving currently! If we discuss a deal today, then it could easily be withdrawn in a matter of days, so it's important to send any documents requested as soon as possible. We can reserve an interest rate for you for up to 2 months – please ask so I can explain how this works, there is no commitment on your part but means you have that rate guaranteed for the 60 days. Can I borrow 90% plus stamp duty or refurb costs? Unfortunately not. It is always worth discussing, but in general this will not be an option. Need more help? Phone 07899 755157 Email Ray@RMRfinance.co.uk Connect

Whether you are a first-time buyer, or on your tenth move, everyone needs a bit of advice from time-to-time. We have put together these six guides to help you - First-time Buyers - Home Movers - Remortgage - Buy-to-Let - Protection - Equity Release. Advice Whether you are a first-time buyer, or on your tenth move, everyone needs a bit of advice from time-to-time. We have put together the five guides below to help guide you. Can't find what you are looking for? Click here to get in touch and Ray or Leonie will get back to you as soon as possible. Alternatively, click the link below to book your advice appointment. Book Advice Appointment Whatever your situation, we are here to answer your questions and guide you to the best options to best suit your needs. First-Time Buyers Home Movers Remortgages Buy-to-Let Protection Need more help? Phone 07899 755157 Email Ray@RMRFinance.co.uk Connect