When it comes to mortgages, it’s important to make informed decisions to avoid costly mortgage mistakes. This is the most common mortgage mistakes we come across:

Not checking credit score: Your credit score plays a significant role in mortgage approval and the interest rate you receive. Failing to check your credit score beforehand can lead to surprises during the application process. It’s important to review your credit report and take steps to improve it if necessary before applying for a mortgage.  You can check your credit score here.

Whether you are a mortgage First Time buyer or have moved house before this is a common mortgage mistake. To avoid these mortgage mistakes, take the time to educate yourself about mortgages, compare offers, seek professional advice, and carefully consider your financial situation before committing to a mortgage.