Mark Wallbank

Mark Wallbank Finance Advice Centre, CeMap qualified, Mortgage advisor who specialises in Mortgages, First time buyers, remortgaging, second charge mortgages.

Mortgage protection products & General Insurance.

10/09/2026

SHOULD YOU WAIT FOR MORTGAGE RATES TO FALL?

It's one of the biggest questions buyers and people approaching a remortgage are asking:

Should I wait for mortgage rates to come down?

The problem is that nobody knows with certainty what mortgage rates will do next.

Rates can move because of changes in:

• Inflation expectations
• Bank of England policy
• Swap rates and lender funding costs
• Competition between lenders
• Wider economic conditions

Waiting could mean rates improve, but they could also stay around current levels or increase.

That's why deciding whether to proceed shouldn't be based on trying to perfectly predict the market.

Your purchase price, affordability, deposit, mortgage options and personal circumstances all matter too.

Rather than asking "Will rates fall?", a better question can be:

"Do the numbers work for me now?"

At Finance Advice Centre we are whole of market. This means I can access every deal on the market & will recommend the most suitable one available to you.

Contact me today for your free mortgage consultation. Call me on 07507514277 or inbox me.

As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments.

26/08/2026

**Think you wouldn’t get a mortgage?**

You might be ruling yourself out too soon.

I regularly speak to people who assume they won’t be eligible for a mortgage because they:

• Have existing loans or credit card debt
• Have defaults or CCJs
• Are self-employed
• Have recently changed jobs
• Only have a small deposit
• Are living in the UK on a visa

None of these automatically means you can’t get a mortgage.

Different lenders have very different criteria, and something that one lender won’t accept may be perfectly acceptable to another.

The important thing is understanding your circumstances properly before deciding there are no options available.

At Finance Advice Centre we are whole of market. This means I can access every deal on the market & will recommend the most suitable one available to you.

Contact me today for your free mortgage consultation. Call 07507514277 or feel free to inbox me.

As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments.

13/07/2026

Why Lenders Sometimes Ask for More Documents
It can be frustrating when you've already sent documents and the lender asks for more.
In most cases, this is because the underwriter needs additional information to fully assess the application.
They may request extra documents to:
• Clarify income or employment
• Confirm the source of your deposit
• Verify bank transactions
• Satisfy a specific lending requirement
It doesn't necessarily mean there's a problem with your application.
Providing the requested information promptly helps the underwriter make an informed decision and keeps the application moving forward.
At Finance Advice Centre we are whole of market. This means I can access every deal on the market & will recommend the most suitable one available to you.
Contact me today for your free mortgage consultation. Call me on 07507514277 or feel free to inbox me.
As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments. See less

25/06/2026

Why the Lowest Rate Isn't Always the Cheapest Mortgage

When comparing mortgages, it's easy to focus on the interest rate alone.

However, the cheapest rate doesn't always mean the cheapest overall deal.

Other factors can include:
• Product fees
• Valuation fees
• Cashback incentives
• Early repayment charges
• Flexibility to overpay or make changes later

In some cases, a mortgage with a slightly higher rate but lower fees can work out better overall.

That's why it's important to look at the full picture, not just the headline rate.

At Finance Advice Centre we are whole of market. This means I can access every deal on the market & will recommend the most suitable one available to you.

Contact me today for your free mortgage consultation. Call 07507514277 or feel free to inbox me.

As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments.

23/04/2026

How Day Rate Contractors Are Assessed by Lenders

Day rate contractors are often assessed differently from standard employed applicants.

Instead of a fixed salary, lenders may look at:
• Your daily rate
• The number of days worked per week
• The length and continuity of contracts
• Your track record in the same industry

Some lenders will annualise your day rate to estimate income, while others may take a more cautious approach.

Understanding how different lenders assess contractor income can make a significant difference to the outcome.

At Finance Advice Centre we are whole of market. This means I can access every deal on the market & will recommend the most suitable one available to you.

Contact me today for your free mortgage consultation. Call 07507514277 or feel free to inbox me.

As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments.

01/04/2026

Why Lenders Ask So Many Questions

It can sometimes feel like lenders are asking a lot of questions during a mortgage application.

This is usually because they need to:
• Confirm your income and outgoings
• Check the mortgage is affordable long term
• Meet regulatory and compliance requirements
• Ensure all information provided is accurate

These checks are there to protect both you and the lender.

Providing clear and complete information early on can help keep things moving smoothly.

At Finance Advice Centre we are whole of market. This means I can access every deal on the market & will recommend the most suitable one available to you.

Contact me today for your free mortgage consultation. Feel free to inbox me or call me on 07507514277.

As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments.

19/03/2026

How Estate Agents Check If You’re a Serious Buyer

When you make an offer on a property, estate agents will usually check whether you’re in a position to proceed.

They may ask for:
• An Agreement in Principle (AIP)
• Proof of deposit
• Confirmation of your mortgage position
• Details of your chain status

This helps the seller understand how likely the purchase is to go through.

Being prepared with the right information can make your offer stronger and help avoid delays.

At Finance Advice Centre we are whole of market. This means I can access every deal on the market & will recommend the most suitable one available to you.

Contact me today for your free mortgage consultation. You can inbox me or call me on 07507514277.

As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments.

19/01/2026

Mortgage Myth: You Need 3 Years of Accounts

This is a common misunderstanding for self-employed applicants.

Most lenders typically ask for 2 years of tax returns or accounts, not three.

How income is usually assessed:
- Many lenders take an average of the last two years
- Some will use the latest year if it’s lower
- A smaller number of lenders may use the latest year only, depending on the circumstances

This is why lender choice matters, especially if your income has changed recently.

Getting this right before applying can make a real difference to the outcome.

At Finance Advice Centre we are whole of market. This means I can access every deal on the market & will recommend the most suitable one available to you.

Contact me today for your free mortgage consultation. Call me on 07507514277 or inbox me.

As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments.

31/12/2025

Happy new year to everyone. In a year of ups and downs. I would like to give thanks to all my customers for this year and anyone else for support and their recomendations. I really do appreciate it. I also look forward to helping many others in the future. Homemoving, health, and happiness to everyone. Have a great 2026.

25/11/2025

Defaults on Your Credit File? Here’s What They Mean for Your Mortgage Options

A default is more serious than a missed payment, but it doesn’t mean you can’t get a mortgage.
Lenders look at how many defaults you have, how recent they are, the amounts involved, and whether they’ve been settled.

Defaults that are more recent will usually limit your options more than older ones. As defaults age and your recent account conduct improves, specialist lenders tend to take a more flexible view, especially if the amounts are lower and everything else on your credit file has been kept up to date.

If you still owe money on a default, it’s worth speaking to the creditor to discuss repayment or settlement arrangements, as this can sometimes strengthen your application.

At Finance Advice Centre we are whole of market. This means I can access every deal on the market and will recommend the most suitable one available to you.

Contact me today for your free mortgage consultation. Call me on 07507514277 or inbox me.

As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments.

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