smart-mortgages

tasks@smart-mortgages.co.uk

2 Columba Terrace, Londonderry BT47 6JT

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Our experts are available to help you secure your dream home. Get in touch, and let’s start today!

tasks@smart-mortgages.co.uk

2 Columba Terrace Waterside Derry/Londonderry BT47 6JT

You can Ask

Frequently Asked Questions

Yes! There are several later-life lending options. Speak to us, and we’ll advise you on the criteria and if you qualify.
Consider these factors:
  • Why you’re moving
  • How long you plan to stay
  • Monthly repayment affordability
  • Borrowing amount
  • Retirement plans
  • Expected financial changes
We’ll guide you to the best option for you.
Having bad credit does not mean you cannot get a mortgage. It could vary depending on your credit rating – as there can be a fine line between ‘fair’ and ‘bad’ credit scores. Some lenders offer mortgages designed for people with bad credit. But these can include higher interest rates and fees.
A fixed rate mortgage has an interest rate that stays the same throughout the deal, regardless of market changes.
A variable rate mortgage has an interest rate that can change over time, based on an underlying banking interest rate.

How long does an agreement in principle last?

An Agreement in Principle typically lasts for 30-90 days. However, this time frame is up to the Lender. If your Agreement in Principle expires, fear not; you can renew it by getting back in touch with your Mortgage Advisor.