What Do Mortgage Lenders Look At‪?‬ Move iQ Podcast

In this fifth episode of series 8 of the Move iQ property podcast, podcast host and Move iQ founder, Phil Spencer is joined again by Orla Shevlin, a mortgage adviser at Trussle.
The two discuss, what mortgage lenders look at when they are assessing whether to lend you money, how much to lend and what rate to lend you this money.


What’s discussed in this episode? Listen in to find out:
How to manage your finances well The ‘red flags’ to be aware of How mortgage lenders credit check you – the difference in what you might see yourself How to present your ‘deposit source’ How to consider commissions, bonuses or overtime income in your application Affordability assessments of lenders  
Thank you for listening to the Move iQ podcast!
 
If you enjoyed the show, please subscribe via your favourite podcast app and don’t forget to leave a review!

We want to thank the sponsor of our show
We are delighted to be working with trussle.com, they are FCA regulated mortgage advisors.
Trussle were the first online mortgage broker and they have indeed been voted the best mortgage broker!
They are a hassle-free, fee-free way of getting a mortgage and they are the only broker with a 5-day speed promise.
 
Always remember: your home may be repossessed if you do not keep up repayments on your mortgage. Terms and conditions apply to the mortgage decision promise.

Find out more about Move iQ
Subscribe to our newsletter and get Phil’s advice direct to your inbox. We share regular tips, tricks and market updates – join us, it’s free!
 
Please also connect with us on Facebook, Instagram, Twitter or LinkedIn.
 
Find out more about Move iQ
You can connect with us on Facebook, Instagram, Twitter or LinkedIn.