Mortgage information
Mortgage information
When you buy a property, it is important that you make
informed decisions so that you can afford to enjoy your new home
for a long time.
We offer a panel of independent mortgage advisors to help you with
mortgage matters. Affinity Sutton staff are not qualified to
offer or provide financial advice. Mortgage advisors on our
panel are selected because they show service levels we expect to be
provided to our customers.
Types of mortgage
There are many types of mortgages with differing terms
and conditions. Some mortgages are not acceptable to us. If
you use the services of one of the advisors on our panel, they will
confirm to you which mortgages are acceptable.
We may refuse to approve certain mortgages if
any of the conditions are not considered to be sustainable over the
long term. The key criteria to take into account include:
- Mortgage must be with a high street
lender
- Tthe term of your mortgage should be for 25
years
- Self-certified, guarantor and interest-only
mortgages are not acceptable
- You can only borrow money on a mortgage up to
the value of the share you are buying in the property
- No loans or fees can be added to the
mortgage
If you feel that you require a mortgage different to
these conditions, please contact us to check before you commit to
any borrowing.