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MORTGAGE DEPOSITS & HOW THEY CAN AFFECT YOUR MORTGAGE APPLICATION 

DM Mortgages
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In today's episode Nicola McKenzie explains how the source of your deposit can affect your mortgage application. If you want to ensure your mortgage application is as successful as possible then pay attention to this video.
If you are thinking of moving home or have decided to move then get in touch - don’t delay, book your FREE online consultation here now - arrange an appointment here via our website - bit.ly/33FqKkj
Not quite ready? Have some questions? That’s ok; we know it’s not every day that you get a mortgage or review an existing one.
Get in Touch;
• Call us for a chat on 0330 175 7504
• Email our team at info@dm.mortgage
• Check out our website here - bit.ly/33FqKkj
Start your remortgage or home moving journey today. Get in touch with us now to find out how we can make moving home a breeze.
My name is Nicola McKenzie, co-founder of Dunham McCarthy Mortgages. My team and I are dedicated to making mortgages easier for you. Whether you are a first time buyer, climbing the property ladder, investing in a buy to let or simply re-mortgaging, we have an expert on hand to take the burden off of your shoulders.
We’re an independent broker, meaning we have access to nearly every mortgage out there so we can help you get the best deal. Once our expert has matched you to your mortgage, they will stay by your side the whole way, keeping you in the loop.
Our advice is free of charge so please get in touch. It is only when you have found a property and are ready to apply for a mortgage that we charge a fee.
Our typical administration fee is £495 (We charge between £0-£245 for a remortgage). This covers the time involved in dealing with your mortgage application and supporting you through the home buying process from start to finish. This also includes complimentary homebuyers protection insurance, organising any insurances, organising your Will and recommending any professional services such as surveyors, solicitors and conveyancers.
For Will Writing & Trust advice, head to;
W: www.dunham-mccarthy.co.uk (Detailed Estate Planning Advice)
W: www.mylastwill.co.uk (Online, quick, easy and convenient solution to draft your Will)
Timestamp
00:00 Intro
01:13 Key points
03:13 Deposit from savings
03:35 Inheritance
04:01 Sale of a property
04:26 Raising equity
06:24 Gifted deposits
08:00 Gifted deposits distant relatives
08:47 Gifted deposits friends/employer
10:36 Unsecured borrowing
12:19 Overseas deposits
13:01 Vendor deposits
14:03 Family discounts
15:32 Contact us/Summary
**Your home may be repossessed if you do not keep up repayments on your mortgage**
Dunham McCarthy Financial Services Ltd is an appointed representative of Primis Mortgage Network, a trading name of First Complete Limited which is authorised and regulated by the Financial Conduct Authority.
#mortgagedeposituk #mortgageadviceuk #bookafreeappointment

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6 авг 2024

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Комментарии : 13   
@Honest_Reviewer.
@Honest_Reviewer. 3 года назад
Excellent information. Thanks for sharing.
@krisryan3418
@krisryan3418 3 года назад
All thanks to Janet foreign exchange for helping me to trade my $150 into Bitcoin and I was credited with the sum of $2000 after seven working days of my trade with her now I’m mortgage debt free I can settle my bills without even touching my paycheck I’m so happy with Bitcoin life is easy 😊
@krisryan3418
@krisryan3418 3 года назад
whatzapp
@krisryan3418
@krisryan3418 3 года назад
+1 3 0 2 4 8 1 9 2 5 7
@KellyJoyceTv
@KellyJoyceTv 3 года назад
Thanks for sharing 👍
@theabufamily2552
@theabufamily2552 2 года назад
Nice information
@rezaaf393
@rezaaf393 2 года назад
Hello Nicola, excellent share of knowledge, I need some advice regarding my deposit which will be coming from abroad, but it will be 3-4 months later,when would be the best time for get some advice please? Thank you
@languagestutor4636
@languagestutor4636 Год назад
Hello, I am new here! I am buying a house and my mother in July 2022 gave me 11k as she retired and she received a sum from her employer. That money wasn’t for the house deposit, but only a gift from her. At that time I already had saved the deposit for the house. Do you think that can become a problem? Many thanks for your videos
@itachiff2451
@itachiff2451 2 года назад
Nice
@lolatylar2882
@lolatylar2882 2 года назад
Thanks for sharing 😊
@evaayathurairendlova9137
@evaayathurairendlova9137 2 года назад
Hello, nice video. I have a question, how far will look the lender back( In regards in bank statements)? Almost all our deposit is from savings, but 1,5 year ago we received some money from abroad (someone owned money to us from the past and returned back, because we want to use it to buy a house). I heard that if the money are more than 6 months in your account than there should be a not questions as the money are legally mine? Is it true?thank you
@dm.mortgage
@dm.mortgage 2 года назад
Usually three months are required but it depends on the lender and some may go back further than this. The six month rule is not correct a lender expects you to disclose the origin of your deposit irrespective of timescales.
@sophie-yv9kw
@sophie-yv9kw 2 года назад
WOW🤭
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