Top tips from the FPM Advice Centre
Getting a mortgage can feel like a big hurdle – but with the right steps, you can make your application much stronger and improve your chances of getting that all-important “yes” from a lender.
At FPM Advice Centre, we specialise in helping people just like you get mortgage-ready. Whether you’re a first-time buyer, moving home, or navigating the market as a self-employed applicant, here’s how to put your best foot forward.
Check your credit report
Before anything else, look at your credit score. It’s one of the first things a lender will review. Make sure all the information is accurate and correct any errors. Little steps like paying off debts, making payments on time, and getting yourself on the electoral roll can go a long way towards boosting your score.
Keep your finances steady
Lenders like stability. Try to avoid making any big financial changes before you apply – that means holding off on switching jobs, opening new credit cards, or taking out loans. Consistency gives lenders confidence that you’re a reliable borrower.
Watch your spending habits
Lenders may ask to see up to six months of your bank statements. If they notice large or regular spending on non-essentials, it could raise questions. Try to keep your finances in check and avoid dipping into your overdraft if possible.
Save as much as you can for a deposit
The bigger your deposit, the more mortgage options you’ll have – and often at better interest rates. While 10% is typically the minimum, saving 15% or even 20% can make a big difference in terms of both approval chances and affordability.
Get your paperwork in order
Having your documents ready can speed up the process and give the lender confidence in your organisation. You’ll typically need:
- Proof of ID
- Proof of address
- Payslips or tax returns
- Recent bank statements
The more prepared you are, the smoother the journey.
Get expert support from a mortgage broker
A mortgage broker can take the stress out of the process. At FPM, we have access to a wide panel of lenders, including those who may be more flexible with their criteria – which is especially helpful if you’re self-employed, have a less conventional income, or have had credit issues in the past.
We’ll guide you through the application, help you present your finances in the best light, and match you with the right lender for your circumstances.
Need help getting mortgage ready?
We’re here to help.
At FPM Advice Centre, our friendly team of independent mortgage experts are ready to support you, wherever you are on your property journey.
📞 Call us today or
💬 Book a free consultation online for straightforward, no-obligation advice from people who genuinely care.