Getting a Mortgage

• Who can I speak to about taking out a mortgage with Afin?

  We’re here to help you explore your mortgage options in a way that feels simple and stress-free.

   

  If you already have a broker, you can chat with them directly or our Mortgage Advisors are here to guide you every step of the way. We’ll take the time to understand your circumstances and help you find the best option that works for you with no charge for providing advice.

   

  Our mortgage advisors offer advice on Afin’s mortgage products, with absolutely no cost or obligation. From your first enquiry to your application process, we’re with you all the way. Please note, though, that our advice is limited to Afin Mortgage products—we’re unable to assist with products from other lenders.

   

  It’s easy to get started! Book an appointment through our website, and we’ll be in touch to chat about your needs.

   

  Or, if you’d prefer, give us a call on 0333 344 2974, and one of our experienced mortgage advisors will be delighted to assist you.

• What are my mortgage options?

  There are plenty of options available to suit your needs. Whether you’re looking to secure a mortgage on a property in England or Wales, you can choose a term anywhere from 2 to 40 years. You can opt for a fixed-rate mortgage to guarantee consistent repayments for a set period, or explore a flexible tracker option with no tie-ins.

   

  Our mortgage advisors are here to guide you every step of the way. We’ll help you find the best solution that fits your circumstances and budget—making the process as simple and stress-free as possible.

   

  At the moment, we cannot lend against properties in Scotland or Northern Ireland.

• How do you calculate how much I/we can borrow?

  We want to help you find the right mortgage for your needs. The amount you can borrow depends on your financial status, credit history, and an assessment of your income and regular expenses, including household bills, travel, insurance, lifestyle expenses, and child maintenance. We also take into account any unsecured commitments, such as credit cards and loan repayments that have more than four months remaining.

   

  To explore how much you could borrow, speak to your broker, use our mortgage calculator or get in touch with us at 0333 344 2974. Our experienced mortgage advisors are here to guide you and find the best option for you.

• What Information is required to support a mortgage application

  Here’s what we’ll need to consider your application:

  • Bank Statements: We can review these via our secure Open Banking system, alternatively you can provide your last 3 months’ bank statements.
  • If You’re Employed: Your last 3 months’ payslips.
  • If You’re Self-Employed: The last 2 years’ tax documents or a certificate from your accountant (covering at least 18 months’ trading history).
  • Proof of Income: Any documents showing extra income you’d like us to include.
  • Proof of Address: If you’re not on the electoral roll, a utility bill, council tax bill, or bank statement works great.

   

  We’ll also need a copy of your passport or driving licence to confirm your identity.

   

  If you’re a foreign national, we’ll ask for proof of your immigration status, like a copy of your Visa or BRP card.

• Do you carry out a credit search?

  Yes, we’ll need your consent to carry out a credit search to assess your creditworthiness. This happens at full application stage (not at the initial decision in principal assessment). This will be an application credit search, which will be recorded on your credit file.

• What is open banking?

  Open Banking is a secure, government initiative led by the UK’s Competition and Markets Authority (CMA)

   

  With your permission, it lets us securely access your financial information. This includes things like your income, spending, and savings.

   

  By using open banking, we can get a clearer picture of your finances, which helps us assess your mortgage application more accurately. It also means:

  • Less paperwork for you
  • A quicker and smoother process
  • More transparency about how we assess your application
• Do you have a minimum loan size?

  Yes. We have a minimum loan amount of £100,000 (or £50,000 for Buy-to-Let).

• Do you have a maximum purchase price for a property?

  No – however the maximum mortgage amount is £2.5million.

• What is the maximum term over which I can take my mortgage?

  We want to help you find a mortgage term that works for you—so we offer terms of up to 40 years, depending on affordability.

   

  If your mortgage extends into your retirement years, we will need to understand your future retirement income and make sure everything remains affordable for you.

• Do you lend to foreign nationals?

  Yes, we do.

   

  We’re happy to support foreign nationals living in the UK. To be eligible, you’ll need to have been living in the UK on an eligible visa for at least six months.

   

  Eligible visa/immigration statues include:

  • Indefinite Leave to Remain
  • Professional/Tier 1 & 2 Visas
  • Spouse Visa (for joint applications with a partner or husband)

  If you are not resident in the UK, we support foreign nationals from Ghana, Nigeria, The Gambia, and Sierra Leone who are looking for a Buy-to-Let mortgage.

   

  We understand that everyone’s situation is unique, and we’re here to guide you through the process with clear and supportive advice.