Get Yourself Mortgage Ready This Summer
10th July 2025- Mortgages
Getting mortgage ready means making sure you're as prepared as you can be when the time comes to applying.
Ideally, you want to get mortgage ready about six months prior to your application, as this gives you time to sort out any documentation or financial requirements. So what steps do you need to take?
Keep On Top Of Payments
Ensuring that you make all of your payments on time will show lenders that you’re a responsible borrower.
This can include anything from rent and council tax to subscriptions and debit orders.
Late or missed payments can not only hurt your credit score, but also hurt your chances of getting approved for a mortgage.
Consider stable employment
Lenders want to see that you have a stable job and a reliable income.
If you’re thinking of changing jobs, it may be best to wait until after you have secured your mortgage. If you have recently changed jobs, try to remain in this job for at least six months. You’ll likely be asked to provide pay slips to further corroborate your affordability.
Ensure You're Regularly Saving
A lender is more likely to look favourably on your application if you have a healthy savings account.
If you have a track record of regular savings across your bank accounts then even better.
Not only does this show where the money for your deposit has come from, it proves that you are financially responsible.
If you're looking for mortgage advice, there is a Mortgage Advice Bureau mortgage adviser in each of our 9 offices, all of whom would be happy to help. Simply click the link to make an appointment, either in person or by phone.