Stamp Duty holiday deadline: Wednesday 31st March 2021
If you want your house purchase to complete before the end of the Stamp Duty holiday, please ensure you leave enough time for the mortgage application and all associated legal work to be completed. You can find more information about turnaround times for personal searches in local council areas here.
We are now accepting mortgage applications for residential purchase and remortgages to up to 90% loan to value (LTV) in our operating area and up to 85% elsewhere (75% in London & SE England)
We provide mortgages on properties throughout England, Scotland and Wales. Some of our mortgages are only available on properties in our branch operating area.
Our operating area is Cumbria (all CA and LA postcodes), South-West Scotland (all DG postcodes and TD9), West Northumberland (NE45-49) and North Lancashire (all PR, FY, LA AND BB1-3 and BB5-7).
Use our Mortgage Calculator to find out which mortgages are available to you.Mortgage Calculator
Moving home is a big step and there’s a lot to consider. Getting the right advice about a mortgage early in the process is one of the best things you can do. Knowing what you can afford is likely to influence which property you choose, and the last thing you want is to find your dream home and then discover you can’t buy it.
Book an appointment with one of our mortgage and protection advisors and they’ll talk through the numbers and offer practical advice to help you plan your move.
The amount you can borrow depends on your income, outgoings and individual situation. You can get an idea of what you could borrow with our mortgage calculator, but for more detailed figures speak to one of our mortgage and protection advisors.
On top of any deposit you may be putting down you’ll need to consider the other costs that come with moving home.
You’ll need to factor in estate agency costs for the sale of your present home, and add conveyancing and Land Registry fees for the legal work involved. There may be costs associated with taking a new mortgage such as valuation and arrangement fees, and if you’re buying over £125,000 you will have to pay Stamp Duty Land Tax.
Removal firm costs need to be budgeted for unless you’re doing it yourself, and it’s always wise to plan for any large purchases that you need to make in the first few days after moving in. Remember, if you’re leaving a home with built-in kitchen appliances and there isn’t any in your new home you could have a large bill just when you don’t need it!
If you're an existing borrower with us and you wish to move home, porting is where you can transfer the terms and conditions of your existing mortgage to a new property.
It's a straightforward process and most of our mortgage products are portable. Book an appointment with one of our mortgage and protection advisors for more information.