Mortgages explained
Welcome to the Furness Mortgage Hub! Here you’ll find all you need to know about mortgages and what to expect during the mortgage process.
A mortgage is the biggest financial commitment you’ll make, so it’s important you understand how mortgages work before submitting your application.
We’ve been helping people secure their homes since 1865, so it’s important to us you’re armed with the right information before making a decision. To help with your research, you’ll find a number of helpful mortgage guides below to help you better understand the process.
Our mortgage guides
Remortgaging when your house value has changed
A guide to remortgaging when your house value has increased or decreased, and how to remortgage in negative equity.
Overpaying mortgage vs. saving
Should I overpay my mortgage or save? Here we look at the pros and cons of overpaying vs. savings to help you make the right financial decision.
How lenders use your credit score
A great credit score could be your key in the door, but how exactly do lenders use it to assess affordability?
The true cost of buying a home
Buying a new home and want to better plan your budget? Clue yourself up on all the hidden costs of buying a house in this handy guide.
The step by step process of buying a house
Our step by step process of buying a house walks you through the home buying process and when to apply for your mortgage.
First time buyer mortgage guide
If you’re a first time buyer, our home buyers checklist will explain your options and set out the main things you need to consider when buying your first home.
Self-employed mortgage guide
Get a head start on your self-employed mortgage application with our handy guide. Here we explain everything you need to know and how we can help.
Should I use a broker?
Our guide will help you understand the benefits of using a broker and how to get the most out of the relationship.
Holiday-Let mortgage guide
This guide breaks down everything you need to know about mortgaging a rental holiday home.
Self-employed mortgage FAQs
We’ve answered the most frequent questions asked by self-employed house hunters. If you’re self-employed and hoping to get a mortgage, read on...
A guide to remortgaging
Looking to change your current mortgage? Our handy guide to remortgaging will help you decide when remortgaging is right for you.
Buy-to-Let mortgage guide
Here we break down the buy to let market and everything you need to know to become a landlord and grow your portfolio.
How to improve your credit score
What is your credit score and how can you improve it? Here, we break down everything you need to know to get your credit rating in good shape.
What makes a mortgage flexible?
Everything you need to know about flexible mortgage features, how they work and how they compare to traditional mortgages.
Remortgaging your home for renovation works
Everything you need to know about remortgaging for home improvements, the pros, the cons and alternative options.