Lenders will analyse your circumstances thoroughly before offering a mortgage and the amount they will lend is determined by what they consider you can afford to repay.

When applying for a mortgage, you should expect your income and expenditure to be assessed together with your credit history. Each lender uses different criteria for its mortgage lending; this means that your application could be treated differently between lenders, depending on your circumstances.

Our advisers at Somers Financial Ltd will gather the information needed to understand and evaluate your requirements. In most cases this process can be completed by telephone, meaning that we can start work for you immediately. 

Using the information gathered we research the mortgage market to find the mortgage solution that will best suit your requirements. If your borrowing requirements are straightforward the initial research for your mortgage can usually be completed the same working day. For complex mortgage requirements we may need to speak with lenders at a more senior level and this typically extends the research time.