首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
财经
Whether you’re buying your first home, looking for a better deal or simply want to know more about mortgages, we can help. When
Whether you’re buying your first home, looking for a better deal or simply want to know more about mortgages, we can help. When
admin
2021-06-15
26
问题
Whether you’re buying your first home, looking for a better deal or simply want to know more about mortgages, we can help. When you’re thinking of buying your first home, you should learn about the size of deposit you’ll need, how much you could borrow and whether you’re eligible for a mortgage.
We’ll only lend you a certain percentage of either the purchase price or the property valuation, whichever is lower. So you’ll need to use some of your own money to buy the property — a deposit. We usually ask for at least a 5% deposit from your own money. However, the more deposit you put down the less you have to borrow. This will ultimately save you money and you can often get a cheaper mortgage product. As well as your deposit, there are other costs associated with buying a property and taking out a mortgage. Typical ones that apply to most buyers include conveyancing fees, Stamp Duty Land Tax/Land and Buildings Transaction Tax (properties in Scotland), valuation fees and Land Registry fees.
You can use our online calculator to get an idea of how much you could borrow. Or, to get a better indication we can provide you with an Agreement in Principle (also called a Mortgage Promise).
We’ll start by asking about your income, for example your basic salary and any regular overtime or bonuses. We’ll also ask about your regular outgoings, for example, credit card or personal loan repayments, and we’ll take these off your income. After that, we make a further allowance for average day-to-day living expenses. This allows us to see how much we think you can afford for your mortgage payment each month.
As part of our process of assessing, whether we think you can afford the loan, we’ll ask your permission to contact a credit reference agency. They can give us information about how you’ve conducted your finances in the past, how many credit commitments you’ve got and how long they will last and whether you’ve kept the payments up to date.
We’ll use credit scoring to help us decide whether to lend you money. We can also use it to set interest rates for some products. Credit scoring works by awarding you points based on the information that you give us about yourself, we already have about you and if you’ve an existing relationship with us is on your credit file at the credit reference agency.
We use this information to predict how big a risk we ’re taking by lending you money. If you score enough points, we’ll provide you with an Agreement in Principle, also known as a Mortgage Promise.
As long as one person applying has never owned a property before, you can apply for a first time buyer mortgage with Lloyds Bank. You should meet the following qualification. You must be buying a UK property.
You must be a UK resident or have full rights to reside in the UK.
You must be at least 18 years old, and your mortgage must usually end before you reach 75. If your mortgage term extends past your normal state pension age or your expected retirement age — whichever happens sooner — we’ll look at your retirement income to work out whether we think you can afford the monthly payments. If you’re taking out a joint mortgage, it’s the age of the oldest person that’ s taken into account.
Here we explain you what Agreement in Principle (AIP) is. An AIP provides you with a personalised commitment-free mortgage promise of how much we might be able to lend you. And it should take no longer than 15 minutes to get one! If you’re buying a home it’ll give you a clear idea of which property you could afford. Estate agents will often ask to see an AIP to show that you are a committed buyer.
We do what’s called a soft credit check as part of the process. Soft credit checks can only be seen by yourself on your credit report and do not affect your credit rating or ability to borrow from other lenders or ourselves in the future, even if you’re declined an AIP on this occasion.
If you apply between 6 a.m.~9 p.m. Monday to Saturday (or 8 a.m.~6:30 p.m. Sunday) you’ll receive your decision on the spot. Outside of those times, you’ll receive an email with your decision by midday the next working day.
It can be inferred from the text that an AIP_________.
选项
A、is necessary for you to apply for mortgage
B、is often required by Estate agents
C、can be got on 9 p.m. Sunday
D、will affect your credit rating
答案
B
解析
推断题。根据题干可以定位到倒数第三段,由本段最后一句话“Estate agents will often ask to see an AIP to show that you are a committed buyer.”可以推断出答案为B。
转载请注明原文地址:https://kaotiyun.com/show/PjMc777K
本试题收录于:
英语题库银行系统招聘考试分类
0
英语
银行系统招聘考试
相关试题推荐
Eatingbetterandeatinglesscouldbethe___________notonlytoavoidingcancerbutalsotolivinglonger.
——Thisdigitalcameraisreallycheap!——The___________thebetter.I’mshortofmoney,yousee.
=--Don’tyouagreewithwhathesaid?-L44Yes,_____!Itcan’tbebetter.
Whenyoureadthispaper,you’dbettermakeamark______youhavequestions.
refertothefollowingannouncement.Ifyoudineoutoften,therearethingsthatyoucandotomaketheexperienceevenbetter.Le
UnmarriedWomenBecomingHomeownersAnincreasingnumberofsinglewomenarebuyingtheirownhomes,accordingtoindustry
Lookingbackonmychildhood,Iamconvincedthatnaturalistsarebornandnotmade.Althoughwewerebroughtupinthesameway
Lookingbackonmychildhood,Iamconvincedthatnaturalistsarebornandnotmade.Althoughwewerebroughtupinthesameway
随机试题
从“市场体系”到“统一市场”再到“全国统一大市场”,实际就是从建设市场到建设一体化市场,再到建设大市场和强市场。我们的市场人均收入和消费水平低,虽然人口多,但是市场呈现为行政分割状态,因此只是潜在规模大,实际规模并不具有竞争优势。对此,除了要通过深化改革,
输气技师培训的目标是什么?
药物是指
属扩张型心肌病特征的是
根据下面材料,回答下列题目:马先生与董女士均为外企职员,家中有一个8岁男孩,夫妇俩的税后家庭年收入约为40万元。2001年夫妇俩购买了一套总价为90万元的复式住宅,该房产还剩10万元左右的贷款未还,因当初买房时采用等额本息还款法,马先生没有提前还贷的打
下列选项中,说法正确的是()。
以下叙述中正确的是()。
A、TheU.S.companyhastoexchangedollarsforpoundstomakesettlementforthegoodsimportedfromU.K.B、TheU.S.companymus
Hewasafunny-lookingmanwithacheerfulface,good-naturedandagreattalker.Hewas【B1】______byhisstudent,thegreatphil
A、Theystaycloseduntilsummercomes.B、Theycaterchieflytotourists.C、Theyarebusyalltheyearround.D、Theyprovidequal
最新回复
(
0
)