Side Bar Image
Lidierth Financial helped me get my dream home

FREQUENTLY ASKED QUESTIONS

Q: Why use a Mortgage Broker?
A: Your Bank/Building Society cannot give you independent advice.
Q: Why use Lidierth Financial?
A: As a member of Select Financial Group, we believe that professional financial advice can add significant value. We are committed to delivering all these benefits to you.
Q: How much can I borrow?
A: The amount you can borrow will be determined by the income earned by the applicant(s). Your broker will give you an accurate indication during your first meeting.
Q: What Term/how many years?
A: Mortgages are now available for terms up to 40 years depending on the applicants age at maturity of the loan.
Q: What Interest Rate?
A: This is where mortgages can become confusing…but your broker will explain a number of options that meet your needs.
Q: How much will it cost?
A: During your first meeting we will identify your unique requirements and establish key product selection criteria. This will include an indication of your likely mortgage repayments.
Q: What else do I need?
A: Life Assurance ( called ‘Mortgage Protection’) and house insurance are required by your mortgage provider. Again your broker will quote.
Q: How do I apply?
A: All lenders require some basic financial data on your status. When submitted your Broker will immediately seek approval.Again your broker will quote.
Q: How long for a decision?
A: Once all the required information is submitted approval can normally be obtained within 4-5 working days.


WARNING: YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY LOANS SECURED ON IT.