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
28
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://jikaoti.com/ti/BW1QFFFM
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
=--Don’tyouagreewithwhathesaid?-L44Yes,_____!Itcan’tbebetter.
Whenyoureadthispaper,you’dbettermakeamark______youhavequestions.
refertothefollowingannouncement.Ifyoudineoutoften,therearethingsthatyoucandotomaketheexperienceevenbetter.Le
refertothefollowingannouncement.Ifyoudineoutoften,therearethingsthatyoucandotomaketheexperienceevenbetter.Le
refertothefollowingannouncement.Ifyoudineoutoften,therearethingsthatyoucandotomaketheexperienceevenbetter.Le
refertothefollowingannouncement.Ifyoudineoutoften,therearethingsthatyoucandotomaketheexperienceevenbetter.Le
UnmarriedWomenBecomingHomeownersAnincreasingnumberofsinglewomenarebuyingtheirownhomes,accordingtoindustry
UnmarriedWomenBecomingHomeownersAnincreasingnumberofsinglewomenarebuyingtheirownhomes,accordingtoindustry
Lookingbackonmychildhood,Iamconvincedthatnaturalistsarebornandnotmade.Althoughwewerebroughtupinthesameway
随机试题
2001年12月,美国克莱顿公司向我国某海事法院起诉,根据其对我国巴林顿公司货轮“明星号”享有的货款抵押权求偿。经法院调查,“明星号”是我国巴林顿公司从英国租用的一艘在利比亚登记并挂利比亚国旗的光船。我国该海事法院在处理该案时,应适用下列哪一法律?( )
某工程预计工期10个月,施工合同价款为600万元人民币。根据《建筑工程施工许可管理办法》的规定,建设单位在申请领取施工许可证时,应当到位的资金原则上不得少于()万元人民币。
根据《建设工程质量管理条例》,下列选项中,( )符合勘察、设计单位质量责任和义务的规定。
下列公式中错误的是()
甲公司为乙公司的母公司,2014年3月31日发生如下业务,甲公司以500万元的价格将其生产的产品销售给乙公司,其销售成本为350万元。乙公司购买该产品作为管理用固定资产使用。乙公司对该固定资产按3年的使用期限采用年限平均法计提折旧,预计净残值为0。乙公司在
方针目标管理通过PDCA循环,以()相结合的经济责任制为考核手段,确保方针目标管理全过程的实现。
甲、乙两地点之间有三条道路相连。某地理活动小组测绘了这三条道路的纵向剖面图(图3)。在对应的地形图上可以看出()。
悉尼歌剧院的设计者是()人。
简述民事法律关系。[中山大学2016年研]
并行数据库系统中,对关系进行划分并把它们分布到多个磁盘,所采用的主要技术有3种:轮转法、散列分布和【】。
最新回复
(
0
)