Top Tips for a Quick Mortgage Approval

Speak to an Expert Advisor

Let us Look Into The Best Rates

Written by:

Alison Gibson

Ascot Mortgage Expert

Last Updated:


Written by:

Alison Gibson

Ascot Mortgage Expert

Last Updated:


Navigating the world of mortgages can be daunting, especially if you’re eager to get onto the property ladder quickly. At Ascot Mortgages, we pride ourselves on being more than just mortgage advisors. We’re your trusted partners on your property journey. Based on our extensive experience with the UK mortgage landscape, here are our top tips for securing a quick mortgage approval.

1. Get Your Financial House in Order:

Before approaching any lender, make sure all your finances are in good shape. This means ensuring you have a healthy credit score, no outstanding debts, and a consistent income. Lenders like to see stability, so the better your financial standing, the quicker the approval process.

2. Have All Documents Ready:

Ensure you have all necessary documents like payslips, bank statements, and proof of ID. A missing document can delay the whole process. Before making an application, give us a call on 📞 01925 711558, and we can guide you on exactly what you’ll need.

3. Understand How Much You Can Borrow:

Before applying, it’s wise to get an idea of how much you can realistically borrow. This helps set expectations and speeds up the process. Ascot Mortgages can provide you with an initial assessment, helping you to understand your borrowing potential.

4. Consider a Mortgage in Principle (MIP):

An MIP is a statement from a lender saying they’d be willing to lend you a certain amount. It’s not a guarantee, but having one means you’re seen as a serious buyer, and it can accelerate the actual mortgage application process.

5. Stay Within Your Means:

While it’s tempting to aim for the top end of your budget, it’s always wise to be realistic. Applying for a mortgage that’s within your means not only increases the likelihood of approval but ensures you can manage repayments comfortably.

6. Avoid Major Financial Changes:

Until you’ve secured your mortgage, avoid making major financial decisions such as changing jobs or taking on large debts. Lenders favour stability and any significant changes can impact their decision.

7. Consult with an Expert:

This is perhaps the most crucial step. Having an experienced mortgage advisor like those at Ascot Mortgages ensures you’re presented with the best options tailored to your needs. Our advisors stay updated with all changes in UK mortgage law, ensuring a smooth and efficient process. To start the conversation, email us at 📧 [email protected].

Securing a mortgage approval can be a swift process if you’re prepared. Ascot Mortgages is dedicated to ensuring that your mortgage journey is as smooth as possible. Let us help you make informed and empowered decisions about your mortgage’s future. After all, a property isn’t just an investment; it’s a place you call home. We look forward to assisting you on your property journey.

Apply for a Mortgage

Get things moving, apply for a mortgage.

Call Now - 01925 711 558

Free unbiased mortgage advice is just a phone call away.

Meet Our Team

A simples guide to mortgages

Contact Us

*Privacy Notice - Any information provided will be treated with confidentiality and will only be accessible within Ascot Mortgages