Mortgage is an agreement in which the person lends money to buy a house especially, the lender (usually a bank) can take possession of it, if the person is unable to repay the money.
- Save the biggest deposit you can
- Always know your credit score so you don't get surprises in the meantime!
- Clear as much debt you have and close any unused accounts.
- A lender (usually a bank) would want to know and prove who you are to them so have all your documents ready!
- You should already have an idea what kind of mortgage you want to take place.
- When your application is done and dusted, make sure there are no changes done as this causes hold ups!
For a more detailed look, check this website:
https://www.moneysupermarket.com/money-made-easy/ten-ways-to-maximise-your-mortgage-chances/
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