Blog - Millennium Mortgages

Mortgage Protection: The Financial Safety Net Too Many Families are Missing

For millions of UK families, owning a home is the cornerstone of financial security. But what happens when life throws you a curveball – an illness, an injury, or even...

How Much Can Self-Employed Workers Borrow for a Mortgage?

Attempting to secure a self-employed mortgage can prove difficult especially if you’ve only recently become self-employed.

...

What Stops You from Getting a Mortgage in the UK?

Are you dreaming of owning your own home in the UK? From credit scores to employment history, we’ve covered nine potential hurdles standing between you and approval from a mortgage...

The Mortgage Application Process: Everything You Need To Know

Applying for a mortgage is an exciting time in your life, but it can also be a daunting experience.

...

Can You Get a Mortgage for Zero Hour Contracts?

According to the Office for National Statistics (ONS), an estimated 1.1 million people in the UK were on zero-hours contracts as their main job from October 2021 to the end...

What is a Mortgage Illustration?

At Millennium Mortgages, “What is a mortgage illustration?” is something we get asked all the time. A mortgage illustration outlines all the details of a mortgage and is something your...

Do You Need a Solicitor to Remortgage?

If you’re considering a remortgage, you might not realise that in most instances you will need a solicitor. What does remortgaging mean? Remortgaging is when you swap the existing mortgage...

Can You Remortgage Early To Get a Better Deal?

Are you considering remortgaging? Many individuals tend to ignore this option until their current lender reminds them. But, were you aware that you can remortgage earlier than expected?

...

What do Mortgage Lenders Look for When Assessing My Bank Statements?

Before a mortgage application is accepted, mortgage lenders often need to see your bank statements. This is in order to gain an understanding of your spending habits and current financial...

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

We will charge a fee for our advice service which will depend on what mortgage you need, your financial circumstances, and the complexity of what you want. The amount of fee will be between £0 and £999. Our typical fee is £399. You need to pay the fee when you get your offer. Any fee paid is non-refundable. We will also be paid a procuration fee by the lender. You will be told how much this is when we give you the mortgage illustration. You can ask in advance the percentage (of the loan) each lender will pay us. If an application is submitted via a third party specialist (sometimes called a packager) we will be paid commission by them instead of the lender. This will be disclosed to you.

Company

Millennium Mortgages Limited is an appointed representative of PRIMIS Mortgage Network, a trading Name of Personal Touch Financial Services Ltd. Personal Touch Financial Services Ltd is authorised and regulated by the Financial Conduct Authority. The guidance and/or advice contained within this website is subject to the UK regulatory regime, and is therefore applies to consumers based in the UK.

Registered in England & Wales No.6865015