This is a document your lender must send you by law, outlining the main facts about your loan, including the total amount you’ll be borrowing, what your interest rate will be at the beginning and then after any deal ends, and how much you will pay per month – including the potential impact of any rate rises.

It’s important you read this document carefully and make sure you’re comfortable with every aspect of your loan. If there is anything about your KFI that you don’t understand, it’s important that you check with us so that we have the chance to explain it to you.

This is the term used in the financial services world to describe your financial status – literally, how much you can afford to borrow and repay, based on factors like your employment position, your income, debt levels, income, outgoings and any other financial responsibilities.

This is like looking at your available deposit from the other angle – how much you are borrowing compared to the value of your intended property/vehicle/ssets. Again, the lower the loan proportion compared to the overall value, the better the rate you are likely to be eligible for. Lenders have their own individual criteria for the loan-to-value they will accept on a property/vehle but a good rule of thumb is to aim for 75 per cent or less.

You’ll know yourself when the time is right to launch your formal loan application. Our Quick Quote option will give you an idea how much you are likely to be able to borrow and at what rate, and our  contains lots of helpful hints and tips for getting generally mortgage ready and giving yourself the best possible chance.