How to prepare your finances when applying for a mortgage

Thinking about Mortgage Preparation? If you’re hoping to buy a house, then you’re no doubt well aware that you need to be saving up for a deposit. But there are other important steps you can take to prepare your finances when applying for a mortgage.

We’ve laid out the high-level key actions that can make the difference in getting approval from a lender:

- Tidy up your debt
- Budget as if you’re already paying a mortgage
- Plan for the costs of buying and owning a home