Helpful Mortgage Tools Southampton

Local, Independent Mortgage Specialists Southampton

Lock & Key Mortgages is a trusted and reliable mortgage broker serving Southampton and the surrounding areas. Our team of knowledgeable and experienced mortgage brokers are dedicated to delivering friendly, professional and impartial advice on the whole mortgage market, helping our customers get the best deal.

We pride ourselves on being proactive and approachable, offering invaluable mortgage advice and consultancy to help you start your journey towards finding the perfect mortgage solution for you.

Below are some helpful hints and advice on three key areas that may make the difference between acceptance or refusal for a mortgage application.

Credit Score Improve Your Credit & Rating

While having a deposit and a stable income to cover mortgage repayments are crucial factors, they're not the sole considerations for lenders.

Maintaining a good credit score is also pivotal. Although different mortgage lenders may have varying criteria.

Find Your Credit Score Here

Here are some tips to help boost your credit score:

improve Credit Score Southampton

Credit Cards:

Having a credit card is a positive signal to lenders, showcasing credit familiarity. Manage it wisely by paying the full balance monthly for a significant boost to your credit score.

voter registration boosts credit score Southampton

Voter Registration:

Being registered to vote at your current address is essential. Lenders prefer to have accurate information about your identity and residence. you can easily update your voter registration online.

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Financial Transactions:

Lenders will scrutinise your bank statements. Transactions like payments to "Pay Day Loan" companies and online betting agents are viewed unfavourably. Additionally, avoid cash withdrawals from credit cards. Needless to say, missing payments and unauthorised overdrafts should be avoided at all costs.

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Other Applications:

Various applications for loans, credit as well as car insurance and mobile phone contracts, impact your credit file. While these are a part of modern life, having too many of them within a short span may negatively impact your credit score.


Securing a mortgage involves more than just a down payment and income, maintaining a healthy credit score is a crucial aspect.

It’s essential to manage credit cards responsibly, update your voter registration, maintain clean bank statements and be mindful of the number of applications you make for various financial products to enhance your creditworthiness in the eyes of potential lenders.

Mortgage Valuations & Surveys Southampton

When you apply for a mortgage, the lender requires a Mortgage Valuation, for which you bear the cost. This step is mandatory and the mortgage approval hinges on it.
It's crucial to note that a Mortgage Valuation isn't a detailed property survey; instead, it serves as a "risk assessment." Its primary purpose is to determine whether the property is suitable collateral for the mortgage loan.

In many cases, mortgage lenders do not share the valuation report with the borrower.
If you want a more comprehensive assessment of the property you intend to purchase, you have two options:


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    Conveyancing Southampton

    Conveyancing is the legal process of buying, selling, and transferring land and buildings.
    In property transactions like buying or selling a home in the UK, individuals often consult a solicitor specializing in conveyancing.
    Today, many solicitors use licensed conveyancers to handle tasks like overseeing the contract of exchange and negotiating details when needed.


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    Why choose Lock & Key Mortgages as your Mortgage Adviser in Southampton?

    You can rely on our Expertise and Professionalism when it comes to Quality Mortgage and Protection Solutions:

    Independent Mortgage AdvisersIndependent Mortgage Advisers

    Access to the Entire Mortgage MarketAccess to the Entire Mortgage Market

    Tailored & Personalised SolutionsTailored & Personalised Solutions

    Knowledgeable & Experienced StaffKnowledgeable & Experienced Staff

    Appointments by Phone, Online or In PersonPhone, Online, In Person Appointments

    Friendly & ApproachableFriendly & Approachable

    Most of our work comes from recommendation by existing customers, which is a testament to our level of service and client relationships.

    Our clients benefit from skilled staff with a track record of integrity and professionalism and all our mortgage and insurance protection services are of high quality and cost effective.

    With our experience, competitive fees and expertise, we are pleased to be able to support our clients with mortgage advice and planning in Southampton.

    What People say about Lock & Key Mortgages