Residential mortgage topics
Browse residential mortgage topics and choose a focused guide to your question.
Residential mortgage topics
Read more about New Build Mortgages | Deposits, Incentives & TimingNew Build Mortgages | Deposits, Incentives & Timing
New build mortgages: deposits on new build flats and houses, how developer incentives affect the loan, valuations, warranties, offer expiry and completion.
Right to Buy mortgages
Explore how Right to Buy discounts, deposit requirements and lender checks affect a purchase in England. The guide also covers affordability and the restrictions on selling the property.
Digital mortgages
See how Open Banking, automated valuations and digital underwriting fit into a mortgage application, and which cases still need a closer review.
Zero hour contract mortgages UK
Lenders assess the history and consistency of variable income. Find out which evidence applicants on zero-hour contracts may need.
Interest only mortgages
Monthly payments cover interest, while the capital needs a repayment strategy. The guide explains income assessment, repayment vehicles and the risks to consider.
Buying a house from family
Buying a house from parents, grandparents or siblings with a mortgage: the discount as gifted equity, the gifted equity letter, the legal steps and the tax.
Shared ownership mortgages
Buying a share of a home involves mortgage payments alongside rent and other costs. The guide covers lender assessment, lease terms and buying further shares.
Help to buy equity loan mortgage
How existing Help to Buy equity loans work, including remortgaging, repayments, interest and the different position in Wales.
Contractor mortgages
Explore how lenders assess contract income, including day rates, contract history and gaps between roles. The guide sets out the evidence borrowers may need.
Mortgage on new build off plan
An off-plan purchase brings construction dates and mortgage offer expiry into the same decision. Explore valuations, delays, deposits and completion requirements.
First time buyer mortgage
Explore deposits, affordability, credit history and the schemes discussed in the guide. It also covers the application process and costs beyond the deposit.
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Related case studies
Shared Ownership Mortgage
Mortgage secured after an affordability appeal
- Area:
- West Midlands
- Loan size:
- £92,000
Frequently asked questions
What is a residential mortgage?
A residential mortgage is a loan secured against a property you intend to live in as your main home. The amount you can borrow is based on your income and outgoings, and the loan is regulated by the Financial Conduct Authority. It differs from buy-to-let.
Can a business get a residential mortgage?
No. Residential mortgages are for individuals to live in a property, so a limited company cannot take one out for that purpose. A company buying property to let uses a buy-to-let or commercial mortgage, while a director can borrow residentially in their own name.
Can you get a residential mortgage on a pub?
Usually not. A trading pub is commercial property and needs a commercial mortgage. A residential mortgage only becomes possible where the property has lawful residential use and no longer operates as a pub.
Can I have a lodger with a residential mortgage?
Many residential mortgages allow you to take in a lodger, though some lenders require prior notification and written agreement. Check your mortgage terms and obtain permission before the lodger moves in.
Where do you broker residential mortgages in the UK?
We help clients with residential property mortgages in England, Wales, Scotland and Northern Ireland.
Talk it through with an adviser
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