Residential Mortgages
Mortgage Advice for Your Home and Your Future
Buying a home is a significant financial decision. Whether you are purchasing your first property, moving home or reviewing your existing mortgage, understanding your options can help you plan with confidence.
At Asghar Finance House, we provide personalised mortgage advice based on your circumstances, budget and priorities. We work with a range of high street banks and specialist lenders to explore suitable options, including where your income, credit history or property requires closer consideration.
High street & specialist lenders
Advice around your circumstances
Free consultation
Discuss your residential mortgage
Share a few details and our advisers will get back to you with personalised options. No obligation — just clear, specialist mortgage advice.
Your stage
Buying, Moving or Reviewing Your Deal
01
First-time buyers
First-Time Buyers
Your first mortgage can feel unfamiliar, from understanding how much you may be able to borrow to preparing the documents a lender needs.
We guide you through the process, explaining deposit requirements, affordability assessments, mortgage types and the costs involved. We can also help you explore an agreement in principle, which provides an initial indication of potential borrowing, subject to further checks and a full application.
Our aim is to help you understand your budget before committing to a purchase and support you through the mortgage application.
02
Next home
Moving Home
If you already own a property, moving may involve reviewing your existing mortgage alongside your new borrowing needs.
We can discuss whether transferring your current mortgage product to a new property, known as porting, may be possible or whether a new arrangement should be considered. Porting is subject to your lender’s approval and is not automatic.
We also consider any additional borrowing, early repayment charges and changes to your income or commitments, helping you understand the financial implications of your move.
03
Current deal ending
Remortgaging and Product Transfers
When your current mortgage deal is approaching its end, reviewing your options in advance gives you time to consider your next steps.
We can explore a product transfer with your existing lender or a remortgage to another provider. Our assessment looks beyond the headline interest rate to consider fees, repayment terms, early repayment charges and the overall cost over the relevant period.
If you wish to raise additional funds, we can discuss the purpose of the borrowing and assess the options available, subject to affordability and lender criteria.
How you earn
Self-Employed and Complex Income
Being self-employed or having income from several sources does not necessarily prevent you from obtaining a mortgage. However, lenders differ in how they assess earnings and the evidence they require.
Depending on your circumstances, lenders may request accounts, tax calculations, tax year overviews, payslips or bank statements. We help you understand the requirements and identify lenders whose criteria may suit your situation.
Income we can consider
- Self-employed profits
- Salary and dividends
- Contract work
- Bonuses
- Commission
- Overtime
Closer consideration
Credit, Property, Overseas and Extra Borrowing
Previous Credit Difficulties
Missed payments or other credit issues can affect your mortgage options, but the outcome depends on the nature, timing and extent of the difficulties, alongside your current financial position.
We take the time to understand your credit history and explore whether suitable lending options are available. Approval cannot be guaranteed, and some products may require a larger deposit or carry higher costs.
Unusual Properties and Self-Build Projects
Listed buildings, properties with non-standard construction and self-build projects may require specialist assessment.
The property’s condition, construction, valuation and intended use can influence a lender’s decision. Self-build finance may also involve funds being released in stages as construction progresses.
Discussing the property with us early can help identify potential lending requirements before you incur substantial costs.
Expatriate Mortgage Enquiries
If you live overseas and are considering a UK residential property, your country of residence, income currency and intended use of the property can affect eligibility.
We can discuss your circumstances and explore whether an appropriate lender is available. The mortgage must reflect how the property will be occupied, and availability remains subject to lender criteria.
Additional Borrowing
If you need funds for home improvements or another eligible purpose, we can discuss options such as a further advance, remortgage or second charge mortgage, where appropriate.
We explain the costs and risks of additional borrowing, including its effect on your monthly payments and the total interest payable.
Next step
Speak to Asghar Finance House
Whether you have found a property or are beginning to explore your options, contact us to discuss your mortgage needs.
Mortgage availability is subject to affordability, lender criteria, credit checks and a satisfactory property assessment.
Your home may be repossessed if you do not keep up repayments on your mortgage or other borrowing secured on it.