11/08/2026
Make sure the numbers work first.
✔️ Affordability
Understand your realistic borrowing capacity and ensure the projected monthly repayments are sustainable within your wider financial commitments.
✔️ Total cost of purchase
Your deposit is only part of the picture. Consider Stamp Duty, legal fees, valuation/survey costs, mortgage fees and moving expenses.
✔️ Your mortgage position
Check your credit profile, existing financial commitments and income documentation before making an offer.
✔️ The property itself
Look beyond the asking price. Consider the property's condition, tenure, lease length, service charges, ground rent and any potential major works.
✔️ Future affordability
Think beyond today's payment. Would the mortgage remain manageable if your circumstances or interest rates changed?
The right property isn't just one you love. It's one you can comfortably afford.
If you're thinking about purchasing the house and getting a mortgage, contact us at jp-finance.co.uk for a free, professional advice.
Note: Your home may be reposessed if you don't keep up repayments on your mortgage.