A mortgage is a loan secured against a property such as your home or land.

Yes, the lender will carry out a basic survey on the property you are buying or remortgaging. You may wish to obtain a more detailed survey for yourself. Please speak with one of our advisers who can advise on homebuyers & full structural surveys and the costs involved.

FAQs Archive - Mortgage Habitat

Q: Do I need life insurance?

Whilst it is not compulsory, if you have someone who financially depends on you or a partner on the mortgage, it is advisable you consider taking out a policy.

Q: Is Help To Buy or shared ownership right for me?

Both schemes can be a brilliant way to get on the ladder, however they are not suited to/suitable for everyone. Please speak to our advisers who will be able to help.

Q: How much can I borrow?

The amount you can borrow will depend on your income. Please contact one of our advisers who will be able to carry out an affordability assessment for you.