EP. 210 - Mortgage Advisor: The Ultimate Guide To Getting A Mortgage In 2026 ft. Dan Knott

It killed 300 people, blew out the roof, and much else. One of the most powerful symbols of the ancient world, a monument to ambition and empire. The scale was enormous. The detail was just incredible. The Parthenon sculptures, masterpieces crafted in ancient Athens, icons claimed by more than one home. In this three-part special, we travel from the Sunlit ruins of the Acropolis,

to the quiet polished halls of the world's most famous museums. They would become some of the most controversial pieces of art in history. Who do the Parthenon sculptures truly belong to?

“And what does their future mean for cultural heritage around the world?”

Join us for the Parthenon sculptures, a journey through art, power, and identity. Listen, now, search for forbidden history, wherever you get your podcasts. When I was 14, I had three jobs, a 60-pound a week, and that was probably the best financial situation I've ever been in.

But I've always been, let's know that if you want something you can have to work hard for it, earn it.

We're seeing data suggesting affordability for first-time buyers has improved from what you actually seen on a ground as that ring true. In the last quarter of 2025, the average UK, first-time buyer house price and comparison to the average UK full-time worker earnings, is around about 4.7, which is the lowest in quite some time. No matter which we look at it, that's positive use. If someone is renting right now, but they intend to buy a house,

what would you say are the biggest mistakes that keep them stuck for years? Traditionally, if somebody who's looking to buy a house, renting could be seen as a block, renting could actually be a gateway to a warm ownership. So it's been reported that half of UK first-time buyers right now are taking mortgage terms that are over 30 years. 10 years ago, it was around about a quarter of first-time buyers.

“Do you worry that these longer terms might be quietly normalizing us like having depths for longer than you really should be having?”

Welcome back to another episode of the podcast I'm your host, Arthur. We have a special guest in the building. I would say that you're actually probably the audiences, one of our favourite guests, because you've been on the podcast this the third time now. Third time? Yeah, third time. Yeah, we're doing it like yearly.

Dan is an experienced UK mortgage advisor who helps first-time buyers in homeowner's navigate one of the biggest financial decisions of their lives, no-for-cutting through jargon and focusing on real-world outcomes. Dan advises the clients on affordability, lending criteria, and involving mortgage products, translating complex, lender behavior into clear practical guidance. Dan, how are you doing today?

Good. Thank you very much for having me back. It's great. You know what? I was actually looking forward to this conversation when we were talking about like having it, because interest rates are coming down a little bit.

So it's always good to just find out like what's happening and people buy property every year, right?

It's not like a one-time thing and we might have some new listeners that may be thinking about 2026 of for themselves. So I'll start with this question. When you look back now, what do you think has shaped you most as a person? I would say I've been quite fortunate from the Northeast, very sort of average weren't class background, but I've always had quite a settled family situation and also situation with friends. And I think, you know, my friends are the same people I was friends with when I was six years old.

“And I think I've always been very clear in terms of what's important in life to me.”

I've never really had any confusion around that. You know, sometimes you might see, I know Instagram, I'll always be business owners, stating, you know, the patronising post where it's, where it's at work so hard on the business for so many years, neglected children and impacted relationships, but now I've seen the light and now I know what's important.

I've never really had that problem. I've always felt it. I'm quite comfortable in terms of what's important to me.

And what I want to, and yeah, I think that comes from being quite fortunate and having a relatively settled situation. Yeah, yeah, and you have to talk to about your story and a few answers. I do want to encourage people to go and listen to that, because that's, you know, really exciting. What you said about, you know, knowing who you are. Sometimes we can be a bit on autopilot and we don't actually sit down and think about actually, what is it that one in life? What do I want from my career? What do I want from my business is kind of just like, go, go, go, go, go, go.

But figuring out, okay, what's the end goal in all of the things that I'm trying to do, you know? So, what's an early moment in your life where you had to make a grown-up financial decision earlier than you probably should have? Yeah, so it may not be a single decision, but one thing I would say is growing up, I wasn't necessarily from a family where we've got lots of money. Pocket money. I was, you know, I was from a family where it was 11 years old. Get a peer-paround. If you want to do something, you're going to have to peer for yourself.

My dad was a milkman, I helped him out one night a week, 15 pound. That was 60 pound a week for a small window when I was 14. Fine, actually, relative to the situation, that was probably the best financial situation I've ever been in.

So, it's always, it's always been, let's know that if you want something, you're going to have to work hard for it, earn it, and unfortunately, or fortunately, that's the way the world works.

Yeah, I don't age at 14 and in 60 pound a week. Like, what did that feel like to you? Did you feel like, wow, this is a lot of money, like. So, yeah, so the benefit at the time was, big football fine. Sunderland season ticked holder. It fought in, I could have fought a corner where it is. I could have fought by a ticket. I could have fought a pair for the bus. And it fought in, I was going on football where it is by myself, funded by those earnings.

That's always a big memory from that age.

“Yeah, and what did that do to you being able to afford something like that, that age, being able to afford something that you enjoyed?”

I think it allows you to realize that you've got a ticket responsibility, having your life isn't always fair. But if you're willing to work hard and take responsibility, you can, to some extent, be the master of your own, you know, your destiny or what's going to happen for you, I think. Yeah, and so, as I mentioned, you are a mortgage rising, you've been a mortgage rising for years and you've advised, like, so many clients, right? At what point in your career did it really hit you that one poor financial decision can echo for decades?

I think, you know, finances aren't, you know, it isn't just the black and white on the bank statement. It's emotional, it's your experiences, it's the experiences of those around you, it's what you've been told as a child. And that's something I see a lot of, not necessarily even just with clients, but with, you know, friends potentially. The financial habits that are there, maybe the day you turn a routine, can then have a knock on effect. Not only the issues that have happened, you know, missed payments, staying on a credit report, but also difficulty trying to break habits.

So that could be, you know, for my demographic, young men and my boutique on too much debt, accessing peer-to-ear loans, gambling, all of these sorts of things. I think if you're in a position where you go and fall into these bad habits for whatever reason, it can be difficult to make those changes. And if you are taking on too much debt, it can be hard to clear that. If you are missing payments, it can be hard to then move away from that.

“So yeah, I think it's important to that, you know, my biggest advice is always, and I might have said this last time with credit history, just to talk about that, is don't mess it up in the first place.”

You can turn a routine and have solid habits in terms of just not taking on debt, that's unnecessary, not missing payments on agreements. That's going to stand you and go instead when it comes to those bigger goals, like buying a home. Yeah, and you know, the credit history thing is so important. And I know we've talked about this in the past, but what would you say are some of your tips for helping people if they haven't quite been so good with their credit? Do you say it's like the three main things that they should do to kind of turn it around if there may be like, I don't know, missing payments.

Hopefully not in defaults or you know, just not really managing that. Yeah, okay.

So a story from this week, so I've actually spoke to a first time by last week, and in the out of few mispayments on the credit file.

And they came to me and on the call, they were really stressed, they were really worried. They essentially thought that their mispayments were going to stop them being able to buy a home with a partner. Cause a lot of stress. And the way they actually described it, which I thought was quite nice, with that they mentioned that it was a little bit like having an illness, going on Google, trying to seek a diagnosis. And before you know it, you've diagnosed yourself as being terminally ill.

Yeah, reality was when we had a conversation and I looked at the credit file, it wasn't as bad as the thought. Not ideal, but it wasn't going to stop them achieving the goal. It might have led to a slightly higher interest rate. But in their case, it wasn't the end of the world, you know, there was a bit of a separation in terms of time from when those mispayments occurred. To the time we had a conversation.

Yeah, in terms of good habits, three top out. Well, the main thing actually is just speaking to somebody who actually understands.

And one thing I always say is, we don't all need a credit master plan.

We don't all need a 999 credit score. You don't need that to achieve a goal. We don't all need an app. Speak to somebody who understands credit reports and understands the impact they can have on achieving a goal like buying home.

“Let somebody like me review that and then let you know, is it okay?”

It might be. Do we need to make changes or do we need to just stay as we are? Yeah, yeah, yeah. And that's the thing is it's so important that you said credit score 999.

Like you don't need to have a perfect score because if you needed to have that we would have so many people being able to like buy property.

“And we have lots of people being able to accept that.”

That's right.

My biggest frustration is people who have no events of adverse credits never miss the payment.

But their credit score might be what the economy may consider it average. It's not 999. And then because of the information online that being led to take on credit card debt thinking that making those regular payments is now going to allow them to buy home. But that credit card could be a banana skin. You know, they could slip on that and miss it here in the future.

Quite often it's not necessary. An average credit score as long as there's no events of adverse credit. There's payments, defaults, CCGs, etc. would be good enough to access most mortgage products. Yeah, yeah. Okay.

So let's move into, you know, being able to like property now being more affordable right. As I mentioned that at the beginning of the conversation right interest rates are going down. I've seen it, you know, in my most recent mortgage risk has been nice. So we're seeing data suggesting affordability for first time buyers has improved from what you've actually from what you actually seen. And a ground does that ring true.

So it's been reported that the in the last quarter of 2025. The average UK first time buy a house price and comparison to the average UK full time worker earnings is around about 4.7. Okay, which is the lowest in quite some time. All right, no matter which we will look at it, that's positive news. Now you could see that's a small sample size, a quarter of the year only.

And we could see that we're that's including house prices. And then all these around from where the average first time buy a house price is 180,000. That may not be something people in London can relate to. But it's positive news and people are definitely looking to buy homes this year. I would see the market is quite, it's more settled than it has been in a while.

Okay. In 2020, we've seen house prices go through the roof. We've seen political changes, so changes to the stamp duty thresholds. We've seen interest rates, so maybe two or three years ago. Things have been a little bit more settled for a while.

“I think people have a little bit more relaxed and looking to explore the options if they do want to buy a home.”

Okay, okay. So we are seeing to that 4.7 as well. And that's just a, can you kind of explain that for people that, you know, not understand it. 4.7, like salary to, yeah, house price right. Yeah, so this has been reported by the financial times this morning.

I'll read something as this morning. Okay. Okay. So that is the average UK first time buy a house price. Okay.

Alongside the average UK full time worker earnings. Okay. Now to put that in the context, it may not still be, it's still not ideal. Okay.

But reality is it's probably never going to be ideal moving forward.

Most mortgage lenders will lend up to a maximum of 4.5 times income. Right. Later in the podcast with my dive into that some lenders will lend you higher amount and that. So 4.5 times income with more slenders. If you've got no children, no debts, no buying credit history.

Okay. So 4.7 times is still above that. Yeah. Okay. Exactly.

So it's not necessarily ideal average person who's buying a loan. But positive news. Yeah. It's going in the right direction that the house price is relative to somebody's salary. Is like that gap is kind of luring.

But it's still higher than what you can kind of borrow from the bank in a way in a max way.

And I always liked to be careful when we talk about this because we both fully understand.

Yeah. People aren't earning enough house price. Yeah. It's still too high. Exactly.

But yeah. In theory, what's been reported is that earnings are increasing. Okay. It helps prices on average that increase is slowed. Okay.

Cool. Let it slow down a little bit. It's interesting because obviously I'm a owner. So it's like, on the one hand, yes, you want your property to go up.

“But then if you want to move, you then want the house prices to go down.”

Right. So you're always in like this catch 20 to 22 because you want to be able to afford something when you move on from like. You know, the first place that you've been up. Okay. So should you think first time I should see this as a general in opportunity.

Or is it like a bit misleading from your perspective? I wouldn't say it's misleading. But is it an opportunity? Opportunity always feels like a strong word because it could be somebody listening to this. Born and bred in a certain area of London.

Where house prices are so high. Maybe the ring comes situation. It's an ideal. And they might be thinking, well, it's not an opportunity for me. However, you know, moving forward over the next 5, 10, 15, 20 years.

Right now, it's positive news. Is it an opportunity for some people? Absolutely. There are people buying homes. That's how I've got a job.

If there wasn't, I wouldn't be able to afford my mortgage. So yeah, there are options out there for people. Even though one thing I would say is, although it's difficult time to buy a home in the UK, there are new mortgage products, new lending options, appearing on the market at all times. There's different sort of new or quirky ways that you can access mortgages and buy properties.

Okay, cool. And we're going to talk about some of those new mortgage products as well as obviously the pros and as well as some of the pitfalls. But actually, from your perspective, right? I would like to, you know, some of the conversations that you haven't. So now that we are seeing, I guess,

“you know, property prices kind of stagnate in the rate at which they're growing stagnating, right?”

In your opinion, why do you think it feels so difficult still for people to buy property? Because regardless of that, right, you know, like we said, people watching this, we're going to write moves now as we plan to be, actually. And that in my area is still expensive. Yeah.

So the simple answer because it is, it is still difficult. Now the landscape is much different depending on where you are in the UK. In the north east, the average first-hand buy house price is around about 180,000 in London, while areas in the south east. That's not going to be the case.

Okay. So if somebody is looking to buy a property by themselves as a sort of applicant, and maybe going directly to the bank and that banks, the lending will only lend 4.5 times income, it's not going to cut it for a lot of people, especially if you are based in London or some areas where house prices are higher than we would like.

Yeah. Yeah. That's the thing is it is a bit of a tough one. I think you do have to be creative and be flexible. With what you're working with. So I'm going to be, you know,

I always say to people like,

offline anyway, like, when I before I bought my first place, there was certain areas that I wanted to live in. And that had to just say, "As a matter, you can't afford it. Just get over it."

And, you know, be flexible and try and look at someone else. And I found the place that I could afford.

“There was a few zones down, but that's what it was.”

And one thing I would say for London is, completely understand that it feels just that, especially if you are born in a certain area of London. And you're family or a certain area of London or you work there perhaps. It feels unfair that you can't leave your own roots in that area. What I would say is though,

we do have to be flexible in terms of where we're living, especially in London. Speak to a mortgage advisor, first of all, understand what you can achieve. So how much you can borrow, where you can borrow it,

what that's going to look like as a mortgage payment. And with that information, once you've got that clarity, a little bit of confidence in terms of what you can achieve, you can then look at houses until you're right in this area. I can achieve this sort of house.

In that area, I can achieve that sort of house. You can then wear that up with commuting, help it impact your family, family support, all of those things. Yeah.

So you're basically saying that, like, obviously, people are listening to this.

And like, you know what, I'm going to, I want to, I'm feeling potentially ready to take the next leap. They should really speak to mortgage advisors to understand what their affordability. Potential affordability is so that they can kind of look for properties within affordability. Of course, yeah.

Just to understand, how much you can borrow, also what deposits you can't need, what that's going to cost as a monthly basis, because the last thing you want to do is spend your time on right move, falling love with properties, committing emotionally,

getting on chat GPT and, you know, just redesigning the kitchen, doing all of those things, and then finding out it's not achievable. Yeah. So speak to a mortgage advisor first.

Yeah. Okay. Amazing. Enjoy this conversation. Drop a comment with your favorite moment.

Give this video a like and hit subscribe. So you don't miss future episodes. Fence will be in part the journey. We've got plenty more valuable conversations coming your way. So, you know, I've spoken about renting on the podcast before.

I've had a little bit of a debate of renting versus, you know, renting and investing in the stock market versus, like, you know,

buying your first home and stuff like that.

I don't know if many people know about it. She actually rented or I feel like I've said this before. I definitely rented before I bought. So it's not something I'm against. And I obviously I rented at uni and stuff like that.

So I feel like it can be a bit divisive this whole debate, but I don't think it needs to be.

“I think it's, I think as I've said before,”

it's really down to, you know, how people think. But what we wanted to talk about is someone is renting right now, but they tend to buy a house.

That keep them stuck for years.

“So instead of progress if we're renting to buy in,”

they just like stuck at renting even though they want to. Yeah. So traditionally, for somebody who's looking to buy a house, but it's currently renting, renting could be seen as a block, raising being renting's expensive.

Therefore, making it hard to see if it deposit. However, now, potentially renting could actually be a gateway to home ownership. So yeah, the mistake would be not understanding what the options are and thinking that we don't have any.

As an example, there's a mortgage product that's relatively new. It's from skipped and billing society. It's the track record mortgage product. And it's aimed at renters. Renters who haven't owned a property in the most recent three years.

The way this works is there's zero percent deposit requirement. You do not need to place a deposit at all. Okay.

If you can evidence 12 months of consistent rental payments.

Okay. They may grant you this mortgage product off the back of that. Now, there are some caveats. So the mortgage payment, dependent on the situation, cannot be higher than 120% of your rental payment.

Okay. So that's where a cap may ally. But a lot of the time the mortgage payments actually going to be cheaper than the rent. Okay. For a like for like property, this is a great opportunity.

There are risks of which we will come on to. Yeah. Risks comprises maybe. Okay. But yeah, there's opportunities such as this.

Then we can discuss other products, which are similar. But these opportunities are appearing. Okay. Amazing. So in that situation, right.

With the skips and that you mentioned. You said 12 months of consistent. If somebody had missed the payment, would they look at it? I'm very, really, and say actually correct. So you missed rental payments in that period.

It's unlikely you're going to be able to access this product. Okay. Reason being, you're a risk the landers. You're not, you're not evidenceing to them that you're going to be able to afford the mortgage payments. Right.

Because you weren't maintaining the rent. Right. Okay. So this is the thing, right. Like when you know rent in sometimes I think people.

Sometimes my look, look at it, although yes, it might be a temporary situation. Actually, your conduct is still very important. And I think sometimes people may think, oh, I just rented. And I'm going to buy anyway. Oh, they're not going to look at that.

Well, actually, you're taking opportunity away from yourself.

“If you treat it like that, it's actually you should just treat it as a stepping stone to,”

you know, being able to buy a property and be paying your bills. Do anything to just, oh, I'm not going to, you know, pay it that month. And you know, it's, it's interesting that that's the case. Okay. So you said that, you know, we've got this. What are options are there, especially as, you know, saving that 10% deposit is,

is it probably I'll say is the biggest barrier for people getting into it. Got it. I'll just finish on that, that particular product because we're doing it with balance. Yeah. As an example, one of my home buyers, London based, actually we use this product last week.

I submitted a mortgage application and that's now being offered. Wow. The reason it was suitable for this client was simply. They were struggling to save it deposit. Okay.

Okay. Their rent was quite high because of their where they were living. They were struggling to save it deposit. So this product was ideal for them. Now, what are the compromises?

The compromises are the small of the deposit. Generally speaking, the high, the interest rate, the high, the interest rate, the high, the monthly payments, so to speak. Okay. As well as that, there's a risk of higher risk of negative equity.

It's where if house prices come down, your mortgage amount could actually be higher than the value of your property. So that's something we need to do. We need to make sure that if we are choosing these products, we're doing so on an informed basis. But one thing I would say is we'll see a lot online about, you know, financial content

Create at some times being entirely righteous and being you should never buy a home with no deposit.

However, reality is some people need to. If somebody wants to buy a home and that's the right decision for them. Some people are going to struggle to save it deposit. That's just the reality of the situation. Now, if you can save it deposit, I would prefer you to place one.

It may be access to cheaper product. This product is there for people who don't really have any other options. So there are compromises. There are always risks. Yeah, it's weighing up the best option for the individual.

Okay. Cool. Yeah. Yeah. The 100% thing because I was going to be my next question for you. Actually, in terms of the 100%. What's your personal opinion of that like seeing that? Because obviously, I think the last time we saw something similar.

I think what freaks people out about it is like, you know, the financial crisis that happened like around 2007-2008.

“I think that's what freaks people out about like, you know, 100%.”

Actually, let me take a step back. Can you explain, let me say 100%. Just sort of people that this is like new terminology.

Can you just kind of briefly explain what that means?

So LTV means lawn to value. Yeah. Okay. That's your mortgage lawn amount expressed as a percentage against the property value. Okay. So let's simplify that. Okay. If you have a 500,000 pound property, that's the purchase price.

And your mortgage lawn is 500,000 pounds. That is 100% lawn to value is 0% deposit. Yeah. So again, let's simplify that. 500,000 pounds property value.

If you were to play a say 10% deposit, a 50,000 pounds, your mortgage lawn would then be 450,000 pounds. That would be a 90% lawn to value. Generally speaking, the lower your lawn to value. So the higher your deposit, generally speaking,

that will allow you access to more mortgage products and better deals. Okay. Cool. So yeah, generally the rule is if you are putting up more of a deposit, your interest rates likely for whatever mortgage you get is going to be a bit lower. So you can get a bit of a bit of a bit of a deal.

Yeah. So I'm going back to my question. What are your thoughts on like 100%?

“You know, not basically know deposit down mortgage products, right?”

Because people, yeah. Yeah. So those products are there for people that need them. Okay. And not a cheat code to buying a home. Okay. It's not a short cut. It's the people who essentially have don't have other options.

Who is the right time to buy for for whatever reason. And they aren't only able to see a bit of deposit. Most often because the renting costs are high. And the otherwise will be stuck in the rental trap. As long as we understand what the compromises are and we understand what the risks are.

And the buyer is informed. In the able to wear that operative to their property. So we spoke about a risk of negative equity. Yeah. The buyer can look at their property and calculate that risk to some extent. Yeah.

Okay. But yeah, we've mentioned higher interest rates. We also need to make sure not only is the current monthly payment affordable. But also a future monthly payment is going to be affordable.

There's always a risk interest rates may arise.

Monthly payments may arise. That's the benefit of working with the mortgage advisor. We complete stress testing. And it's my job to make sure I'm confident you're going to be able to afford the mortgage. Yeah.

It's just a finish. It's not for everyone. Yeah. Okay. Cool.

No. And this is the thing. I think why I like having these conversations because you're always balanced. And I make sure as well that is balanced. It's not always just like the pros we do talk about the cons.

And I do appreciate you sharing those upfront.

“Because I think it is important for people to understand that this is not going to be for.”

Everybody is going to be for a specific type of person. Like you say, maybe that person that is they are paying a high rent. So they can show that affordability. But because they're paying that high rent is not giving them enough of a gap to be able to save the deposit. That's how you get the deposit is by having a gap.

Right. And but can you have a gap if you're your rent is high? And then somebody will say or but why they've got such a high rent. So, actually, so it's part of the UK. There's not that you can kind of do, right? Like you said, if it's like where your family lives and it's where you grow up.

And you've got no choice, right? It's going to just, you know, it's that high then there's very little we can do. Like I wouldn't want people to move, you know, fervor away from home in their miserable just because they're saving money on rent. Yes, okay. I can understand some people doing that if they want to do that temporary.

But yes, is a bit of a difficult one. So, you mentioned the skips and product, whatever products are similar to that.

So, there's always different products being added to the market or move from the market.

Another big one is the accord mortgages 1% deposit product. Okay. Okay. This allows you to buy a property anywhere from 100,000 and 1 pounds all the way to 500,000 pounds. Okay. Quiring a minimum of a 5,000 pound deposit. So, in theory, with a 5,000 pound deposit,

you can buy a property up to 500,000 pounds. Now, this is for first time buyers. Okay. And see them risks, small deposit, higher interest rates, potentially high chance of negative equity. But it's another option that's there.

Potentially a good option for people who can't see if some form deposit. What would happen is, is if somebody came to me with a 5,000 pound deposit, we would work, you know, what the best mortgage option is, the economy access. What the cheapest deal is, what works for them in terms of deposit sizing. But yeah, there are multiple options available now.

“Okay. And these type of products, who would you say this Super 4 and who aren't they?”

Super 4? Yes. Just to figure it out. Yeah. So, they are suitable for people who need them.

All right. So, just to reiterate that, law deposit mortgage products are there for people who need them. So, if somebody comes to me and they're fortunate enough to have 100,000 pounds there to use a house deposit, whoever that may be, these products aren't for them.

and also you're a neabling.

You're self to access more affordable mortgage payments. Okay. Cool. So, it's for people that definitely, like you said, they don't have a deposit. Is there, like, I don't want to like, you know, salary bracket.

“But is there a certain salary bracket that should be looking at it versus not?”

And the same with, like, the whole rental thing. Is it, is it again for that person that's struggling to? Because it's a bit of a catch 2020, too. It's almost like, yes, you're struggling to save a deposit, but then you don't like you say you don't then want to get put somebody into a position where, like,

okay, if interest rates increase, which they have, they're, wow, you're now struggling to pay your mortgage. So, I'm trying to figure that out, like, who should be really looking at this versus who shouldn't? Yeah. So, I would say, no, it's not specific to incomes. Okay.

The reason is, let's use the Accord mortgage product, yeah. Purchase price ranges from just over 100,000 pounds,

all the way to 500,000 pounds.

That could be a vastly different loan amount, okay? This is a nationwide product. Or in London, because house prices are so much higher. You go on to need a large mortgage loan. You go on to need higher income in comparison to the Northeast.

So, no, it's not necessarily income specific, but it is important that you're mortgage and the associated monthly payments, current and future are affordable relative to whatever your income is. Yeah, okay. And this is why it's important to see a mortgage advisor,

because they're going to definitely, like, help you, like, have this conversation.

“Honestly, I'm not going to like this, that kind of stuff is exciting,”

because when I, when I started saving for property at that time, I think they still do 5% deposits that still. Yeah, so that's because they are still, yeah. To be clear on that, yeah, a lot of mortgage lenders do 5% of the mortgage products. They're available with most of your mainstream lenders.

Yeah. And slightly better interest rates and what we've just spoken about. So, yeah, there's a lot of options there. Yeah. Why do you think these rental type, mortgage products are like coming to market out there?

They're quite interesting in my opinion, but yeah, why do you think that there? The reason is because it's difficult to buy home. Okay, house prices are so high, mortgage loan amounts are so high, and lenders want to lend lenders, you know, making money on lending on mortgages, interest payments, et cetera.

Lenders want to be competitive. So, it's a multitude of reasons. As well as that's something I find is a lot of the time when lenders release new mortgage products. Maybe not what I've just spoken about, because those products are still there. But sometimes lenders will release new mortgage products,

and it's marketing as much as anything else. Okay. Because that's when a lender releases an interesting mortgage product, or they drop their interest rates law. It's on the news.

And it's great marketing for the lender. That's a good point. No, it's true because this stuff is like, definitely like, you know, in the news. And I guess these products come in now.

Do they worry you at all? I know you from your perspective as a mortgage advisor. I know your, you know, you do your due diligence with your clients. You make sure that this is something that they can afford, but does it kind of worry you,

“if more and more these sort of products like come at them?”

I think that they're a good thing. If people can be financially responsible, I think it's a great way. If you have a route to property ownership, and it enables you to do it in a way that works for you.

I think that's, I think that can only be a good thing.

But obviously, I'm always like cautious

because you don't want a repeat over 2,000. 2,000, 8,000 out of your crisis. But yeah, does it worry you these products coming out? No, but I'll explain why. Okay, I'm contrary to what people may believe.

As a mortgage advisor and the horse of a podcast called Let's Buy a Home. I don't actually think everybody should buy a home all of the time. Okay. There are risks attached. It needs to be right.

What I would say is when you are borrowing, you need to borrow responsibly. You need to make sure it's suitable. Work with an expert. Find out if it is suitable.

But more mortgage products will never be a bad thing. Okay. Cool. Okay, fair enough. And for anybody watching this and in today's, and this is maybe a potentially a product that they might want to look at in a future.

What should they be doing now to really strengthen their application? Of course, yeah. So let's imagine we've got a listener who is currently renting in London. Rental payments is sky high and because of that, they're not able to see of the deposit for a home.

But they do want to buy a home. That'd be good for them for whatever reason. If that is the case, maintain your rental payments. Make sure they are being paid every month on time. Make sure we can see that within your bank statements.

Not cash. Because the mortgage lender will want to check this. Okay. And sure that you are looking after the credit history.

the strict, the credit scoring. Okay. I'm a speak to an expert. Speak to a mortgage advisor early. Understand, is this an option for you?

Is this the only option for you? Do you have any better options? And then you can wear things up. It doesn't need to be an intermediate decision. You could think, right, this is where we are.

And let's plan for the next six, 12 months. Yeah, okay. That makes sense. That rental history is important. So people got to be on top of it. So no misplayers, no. I'm going to pay next month.

No take it seriously.

“Because I think all this stuff right is always preparation right.”

When you prepare yourself for, you know, when you're going to the next step, it's like it's similar to a promotion. You get promotion at a company. They'll just promote you. They want to see that you're performing at the next level already.

If I at least sit between six months to a year before they are okay already. It's the same thing, right? Essentially with, you know, buying. They want to see that, okay, this person is responsible for that. She responsible.

They're making their payments. I've consistent history. They're looking after the credit score. The deposit is the barrier for them, right? Okay, cool. I think that's interesting because as we've mentioned,

this is my third time on the podcast.

In 2004 to there's a 25 to there's a 26 now. Yeah. The fundamentals are unchanged. Yeah. The mortgage products change.

It's political changes. That's what mentioned. Yes. It's down to you. It changes, et cetera.

But the fundamentals in terms of what we need to do to leave us in the best position to buy a home. The inevitable change. Exactly. Exactly. The fundamentals of the change. Running a business is tough.

In voices, receipts, tax deadlines. It never ends. You spend hours digging through spreadsheets and receipts just to figure out where my money was going until I started using zero. Zero completely supercharge how much my business finances.

Before I was constantly second-guessing my numbers, now airfinks accurate and automatic, invoices send themselves, payment single in my bank, and I can see my cash flow in real time. All on a single platform.

What I love is how simple it makes everything. Zero takes the stress out, bookkeeping, free enough to time to focus on growing my business, instead of being buried in admin. Zero even makes managing bills easier,

showing what's due and when, so I can stay in control, and avoid unnecessary late payment fees. And when it comes to tax season, everything's already organized,

and ready to share with my accountant, stress free.

“It's honestly like having a digital finance assistant”

that never sleeps. If you're trying to scale your business, or just stay on top of your numbers, this is the software that could actually save you time and sanity. And because I use zero myself,

I got some of it special for you. As a film in this podcast episode, you can get 90% off zero for six months by visiting zero.com/savvywallet or clicking a link in the description. And start supercharger your business with zero.

So, another thing that I've been, I was seeing headlines around, is that buyers are taking out much longer mortgage, much longer mortgages, 35 or even 40 ear mortgages.

Why do you think we're moving away from the traditional 25 ear mortgages?

So, it's been reported that UK first time buyers right now,

a half of UK first time buyers right now are taking mortgage terms that are over 30 years. 10 years ago, it was around about a quarter of first time buyers. So, that's quite the increase.

Why do I think that's happening? Again, we keep going over this point, but there's a reason why. House prices are high, mortgage loan amount are high.

That means monthly payments are higher.

“Therefore, people are going to be taking longer mortgage terms.”

As well as that. There's been so much uncertainty in the economy in recent years. House prices, soaring interest rates, going up a few years ago,

sky news, telling everybody that the world is going to end any opportunity that they can. People want to be cautious, which isn't necessarily a bad thing. People want to be cautious.

I working with a Ganna London based first time by this month. I had a conversation with them in the mid-20s, and they said, "Dan, we just want the longest mortgage term possible."

"Okay." "Why is that?" And they said, "We just want the lowest monthly payments possible," said,

"We've been renting an area of London for a number of years now for work. It's been sky high. We're now mid-20s. We just want a couple of years

where the costs are a bit lower. We can relax a little bit and enjoy our first few years of home ownership. Maybe still be able to go for a nice meal. Maybe you will be able to have a drink

in the city centre, whatever it might be. So that's a contributing factor, but the quite often parents,

they're always parents or grandparents.

Never take a mortgage term over 25 years. Never do it. The landscape is much different. I want our parents for buying homes, or grandparents.

So you have be careful to what you're listening to. Yeah. You know, we need to make sure the mortgage term is suitable of which we can dive into a little bit more.

Yeah. People are taking longer mortgage terms. I'm seeing it on the ground and that's what's being reported to me.

You know what's funny?

When I was thinking about this,

reading about this, we were discussing this topic offline, right?

“When I got my property at this point now,”

it's going to be seven years this year. When I was going for mortgage, like you said, the normal, the standard was 25,

but I opted for 55. In fact, I've got to say, I'm not interested in it because I also wanted,

you know, learn monthly payment. And it wasn't normal, you know, to even everything was 25,

25, 25, actually, I'm younger. You know,

I'm not going to say about age. I mean, I'll just keep it secret forever. Well, I was like,

yeah, I'm going to get a 50, maybe a mortgage, but it wasn't like, talked about like,

all my, you know, people that I knew that had, but probably before it was all 25 years, it was just,

it seemed like so alien at the time. So it's so interesting now, like seven years later, we have in this conversation where, now,

more younger people are now getting, like, longer terms. And it's interesting option. I used myself in my mortgage as an example.

For context, I'm a business owner, yeah, fluctuating income, and the soil earner in my house,

to children at home. What I, when I took my last mortgage,

“I took the longest mortgage term possible,”

okay. To lower my monthly commitment, but what I do is, I have a regular standing over, or the overpayment,

to match a 30 year term. All right, okay. That then means ideally, I'm going to be mortgage free much sooner, but if anything ever goes wrong,

or if it hits the fan, as it can do, I can cancel that overpayment and revert to the lower commitment. That's a little bit of a safety net for me.

Okay. Just something you consider. That's so interesting. That's, that's like that.

That's a quite good option. So effectively, you've got like, it's like, you've got a backup plan in the way.

Like, of course, you know, you, you're going to pay a certain amount,

so it's like, if you're on a 30 year mortgage, but like, if there are a few struggling times,

and actually, I can just, you know, just take this overpayment away, and you know,

you know, you know, paying what I need to pay. Of course. And you know,

what I would say is, whatever mortgage term you take for your first mortgage, you're not stuck with that for life. Yeah.

“You can make overpayments on your mortgage,”

to reduce that. When you move home on the future, when you're remorging, you can look to reduce that. It will financial goals,

and there will lifestyle goals. It going to change as you move through life. For me currently, as mentioned, I've got two children,

and what that means is right now, is I do have a goal on, I want to be mortgage free by certain age. The final financial stresses that I feel, I don't want to fail them forever.

Yeah.

Where as when I bought my first home,

it might have just been, make it as cheap as possible. And, and get me on the ladder, but I want to do other things.

Yeah. So, these, yeah. Your financial goals and lifestyle goals are going to change. Yeah, man. That makes sense.

And what would you say are some of the trade-offs that people underestimate, especially with like, you know, like,

extending, you know, in a mortgage term, but beyond like 25 years, like looking at three,

five, five years, four years. Of course. So,

we all want to be mortgage free as soon as possible. Yeah. Okay. We do. Let's be clear about that.

Yeah. So, the shorter the mortgage term, the higher the monthly payment, but you will be mortgage free sooner, and PLS interest.

The longer the mortgage term, which goes high as 40 years, depending on your circumstances, the longer the mortgage term, the lower the monthly payment,

but if you never change that,

you'll be paying interest back for longer period, and therefore paying more. Yeah. And that's the thing. I think people need to,

to be careful of that right now. Of course, it could be a longer term as a low monthly payment, but you're going to likely be paying more interest. Over the time,

if you add the total, it's likely going to be more expensive for you, which is, which is not nice, and then if that interest rates changes,

any longer than you'll then pay more. So that's the thing that you've got to, kind of be careful of, which is why I like what you're doing in terms of just having that, like standing order of,

you're doing that regularly, and then, you know, in certain cases where it's like, okay,

it's a bit tough this month. I don't need to, like, you know, and pay it.

The other thing I was thinking about right, you did say, everybody wants to become mortgage free early, which is true. They do.

But do you worry that these longer terms might be quietly normalizing us, like having debts for longer than, we really should be having, like,

into maybe potentially our 70s, 75s when actually we should be, tiring and earning our home homes. Of course. Definitely.

Yeah, it's not an ideal situation. You mortgage term, the most people should, should end before whatever your anticipated retirement age is,

as an absolute maximum. Nobody wants to be retiring and then pay in the mortgage, using the pension. Okay.

Exactly. So we absolutely need to be careful. We need to understand what the risks are. But yeah, we need to,

essentially make informed adult decisions. Royal adults. Yeah. Understand what the risks are. Make sure it's,

yeah.

but as a mention, your lifestyle goals. Yeah. When do you want to retire? When do you want to be mortgage free?

All of these things. Exactly. Yeah. I think it is important. But yeah,

I think by the home, especially when that you live in, it's such an important life choice. And I know for people, a lot of memories and things like that.

But I think at some point, sorry,

“it's still a financial decision that you have to make,”

that you have to figure out what you're doing at some point in your life, right? You know, when you're older, what you do in your downsides,

and you keep it in, are you keeping it in, or are you passing it off, right? Because that's an expense that is,

is one of our biggest expenses. You kind of need to know what, you're, you're doing a move it. The longer,

you know, mortgage terms, who would you say that that's kind of, right for? I know it's a bit of a,

a bit of a loaded question, but again, who would you say that those are right for? Typically, if you say taking longer mortgage terms,

are younger people, who have the option of longer mortgage terms,

if you're buying your first home at 25,

which again, might not sound, and a shave both, and somebody based in London, but if you're,

but people do buy the first homes at 25, if you are that person, for your mortgage terms, you're going to take you to 65, okay?

So if not 70, not higher, 65, a typical retirement age, okay?

I would say it's most suitable, for somebody who wants to minimize their monthly mortgage payments, because they have all the things they want to do. That could be investing elsewhere. That could be holidays,

travel, and it could be just having fun. See, typically those people. Okay, cool.

That makes sense. And what would you say, Matt, as most in that decision, when somebody's looking at, okay,

do I get the standard 25, do I want to extend? What would you say, as some of the factors that Matt, are most in deciding that? So,

I would say, we often see at the standard 25, but that's definitely not standard anymore. Exactly. That's definitely not standard anymore.

It needs to be affordable. Your monthly payment need to be affordable, both current and the future. That's the main consideration,

“and you need to make sure that it allows you”

to achieve other goals in your life. Okay. Whatever that may be. Okay, cool. That's the thing about affordability.

It's, yeah, it's important. And I'm glad that you said it's not standard, because it's a 25, that's a different time. We are in different times,

so we have to respond to the changes.

And people can maybe feel like always concerned,

but why do we have these, you know, these kind of things, doesn't it just feel like we're just, you know,

trying to, um, not play the system, but massage it a little bit. And I guess you could argue back and say,

actually, we're in a different time, you know, bit of a high interest rates, although yes,

people argue that, oh, it was higher, but a higher prices, house prices,

well, inflation's higher, you know, salaries are not increasing, so we're having to contend with a lot more,

in this time, right?

“So enabling people who are going to still”

be financially responsible, right? Because at any of the day, right, when you're buying a property,

you have to be financially responsible, right? Even if it's a 25 year, like saying that you won't default, you can't still do default with that.

So I think we are continuing with, um, uh, another thing. So I do understand people's concerns,

but I don't think it's as big of a deal as, you know, some people might, uh, say like,

or don't get 25, I've, I've had above that for seven years in it. Honestly, hasn't really made a difference to be honest for me.

One thing I would say on that is, it's often financial content creators who create content around,

never take a mortgage term over 25 years.

Never buy a house with a small deposit. Reality is easy to, to appear righteous when there's nothing on the line. Yeah. When you're actually working with home buyers and families,

you're children who want to buy homes, we've got to find a way to make work when it's right, when it's safe and when it's achievable. Yeah, exactly.

And I completely agree with it. Like I said, I'm a case of seven years ago, before actually the space existed. I'm a case of somebody who didn't do the standard,

25, because that was looking for us looking for something else. And I'm in a good space in it, right? That's okay. Are you okay?

Yeah, I'm fine. You should find it. Yeah, I'm fine. So this is the thing, like you say,

is really down to people and for their own circumstances. Everybody has, Simon, you're a superstar, you're a school-flashback,

just like you're a superstar. And then, you're a student. Paul, I don't know how this story is like my taste base.

Hmm, do you know what it means? Yeah, exactly. This story is like the story of a person who just understands it. A Garlob Studio, Job or Unzoog.

Cross?

I don't know how to understand it.

- The story is already read. - Save? With this story. I was not 10,000 electrophad choices and this would be more... based on how to find our favourite partner in the EU

and great Britain in 2016. It's different circumstances. So moving on to, you know...

“I think we did talk about this last year.”

I think last year, I think... There were lenders doing over 4.5 times your salary, right?

But we've seen even more lenders winning to go beyond this, right?

What would you say is actually changing the market to enable that? Again, it is because lenders want to lend. - Okay. - Host prices are high, so we do need high loan amounts and lenders want to be competitive. The market is competitive, there are so many lenders in the UK.

Lenders want to lend to home buyers and more people need high loan amounts. Okay. So that's what you're seeing. And it's like, all of these things are all added, not right, in an array. And who does bring a higher multiple, so more than 4.5 times,

actually makes sense for versus who should, you know, be a void in?

- Of course. So it's never going to be for everybody.

- Mm-hmm. - Okay. Some lenders will go as high as 6 times income, which is quite high. - Okay. - There's a lot. - Six times income, high loan amount, in theory, a higher monthly payment.

“It's important to remember that we do have other ways to manipulate the monthly payment,”

choosing a certain product and a lower interest rate, extending the mortgage term, therefore lowering that monthly payment. There are things we can do to make this suitable for the right person at the right time. And what I would see is first-hand buyers, if we're talking about first-hand buyers, if there's any demographic where income would be expected to increase

as you move through the years, it's going to be younger first-hand buyers. - Okay. - Okay. For example, I placed a mortgage for a client recently for a higher borrowing amount. There were police officer. They had, you know, the increase in their income over the years, the income is predictable. Okay. And that is the one of the reasons this was deemed suitable

for them as an example. - Okay. - Okay. But yeah, we need to be cautious, we need to make sure it fits, but people want to buy homes and mortgages mortgage loan amount to high. - Okay. - Cool. That makes sense. So you're saying it fits somebody who where it's like maybe predictable that their income is going to rise over time, where somebody, like, or business owners able to, to get that because I've got like business

owners like listeners, are they, does that kind of, I know, is again a lower question, but that product, how does that kind of work with them, like, somebody's a business owner, where it's a bit more, it's not as predictable, but it income could be in a few years. - Yeah. So what I would say is there's multiple mortgage landers on the market lending over 4.5 times in Conquer. Okay. Someone goes high six, but there's lots of different landers doing this

in a different way. - Yeah. - One of the major UK landers who are doing it and warned lender business owners. - Okay. - Okay. - But that doesn't mean that business owners can't

“get over 4.5 times anywhere. - Yeah. - Okay. That's why it's important to explore the whole”

of the market using a whole of market mortgage advisor. - Yeah. - Okay. So yeah, that's absolutely a consideration. - Okay. - I would say there are some misconceptions guarding the product, if you would like me to dive in closely, of course. Okay. So again, I'll say misinformation online, regarding this from financial content creators. Okay. Some of the misconceptions are as follows. So the idea that if you borrowing over 4.5 times income, you're gonna get stung with a much higher

interest rate. The most of these lenders that isn't a case. - Okay. - The interest rates are relevant to that lender and also the loan to value. - Yeah. - Most of the least lenders aren't hiking up their rates to access a higher borrowing amount. - Okay. - Okay. Sometimes we'll see online as if higher borrowing is a six times income. It's available to just anybody. It isn't. Lenders have to be cautious too. Lenders are looking to make sure that if they're

giving you the mortgage, you're going to be able to pay it back. - Yeah. - So one of the major you care lenders who goes as high as six times, that's only if you meet their income requirements. Okay. So minimum income requirements. That's only if you take a five year fix, for example. - Yeah. - That's only if you have no other monthly commitments, no bad credit history, no children. Okay. So they're not just giving it to anybody. All right. The making sure it's suitable for the

home buyer that they are protected as a mortgage lender and also the home buyer is protected too. - Okay. Cool. This this this makes sense and I think thank you for sharing that because I think

to go for a straight criteria of what they are looking for is not everybody that's going to be able to get this. And actually talking about business owners because I want to focus on them for a bit. What, some of these things that we've talked about, right? Like for example, the rental mortgage products. Business owners can get that, right? It doesn't it doesn't. Is it generally is it just, you know, business owners is able to get that?

So obviously it is the more the specifics of the mortgage product here from land to land, the lots of different products can't business owners access low deposit mortgage options here. - Yes. - Okay. Cool. Okay. They can. Okay. Cool. It might just be that because the income is coming from business maybe there's a bit of a difference. - Correct. - Okay. You know, we do it in four. As a mortgage advisor, we are regulated. We have to make sure what we see is

correct. - Yeah. - And everything's bulletproof. - Yeah. - You know, some mortgage lenders might have hide deposit requirements for business owners. - Okay. - Some don't. - Yeah.

“- Okay. So that's why we need to explore all options and just make sure that yeah, if you are”

a business owner, you know what's right for you. And you have what the requirements are as a business owner, which I could dive into if you would like. - Yeah, please, yeah. - We'll keep this specific

maybe to a limited company director. - Okay. - First of all, most mortgage lenders for most applicants

are going to want two years history. - Mm-hmm. - Okay. As a business owner, that's going to be your tax calculations. So essay of three or twos that will show you our latest two years, salary and dividends and also your company accounts. That will show your salary and your share of the company net profit. Okay. Now, what works best for you, it's dependent on the figures. What I would do is get those documents in or we up the figures and find out how we can make best

use of your income. Is that salary and dividends? Because that's what some lenders consider. Is it salary and net profit? That's what other lenders consider. I will place you then with a more

“suitable lender. Is it possible to buy a home as a business owner with only one years history?”

It is possible. Okay. Is it possible to rather than use the income from the latest two years? It will just typically in average. Is it possible just to use the latest years figure? If that's higher, it is possible. Yes. - Okay. Cool. Thank you. No.

I always appreciate having these conversations because you know, I do have people not just

obviously make a raise but people also visit owners wanted to get onto the property ladder as well. From a buyer's perspective, have you noticed any changes in how lenders are operating and thinking in 2026 when it comes to first-hand buyers? I know we're still quite early into the year, but are you noticing obviously we're seeing these products happening and stuff like that? Yes. So just more options, more high-lending options, more Lorda-positive options,

here just be seen. You've just released and changed their criteria to for high-lending options. See how lenders are becoming more flexible. I think that's reflective of the market, being a little bit more settled, the more it's been in recent years. Lenders want to get out there, lenders want to land. - Yeah. Okay. Cool. And I think it's, honestly, I'm hoping for anybody that's watching and listening to this,

please do you know go and see a mortgage advisor and is exciting for you if you are looking to buy property is a very exciting process and I remember I happy. I was when I got mine and you know, for me, it's still a blessing to today. And actually that moves me onto the next question, right? I feel like there's a lot of retro online and I'll say this to you, obviously I mentioned the beginning tools, the beginning of the podcast that I also did a debate episode. I'm not empty anything.

For me, I like to talk about different options from different angles and play devil advocate,

“because I think that's what allows us to think, right? But I would say that there's probably”

like a little rich comes by saying that property is a bad investment, right? But stepping away from the numbers for Mumu, what did buy in a home mean for you personally, right? I wanted to like find that from yourself. - Yeah, so buy in a home isn't just an investment, okay? We can't compare it to the stock market, okay? Buy in a home is so much more than an investment. It's an opportunity to lay at Lea Roots and wars that year on. It's an opportunity to have a bedroom for

your children where you know they can still be in that bedroom in 10 years' time, the garden for the kids to run a boat and that's going to be their own sea of space. It's an opportunity to become settled.

I used myself as an example. In 2024, I bought my grandparents' house that was always the plan. I always

wanted to buy me grandparents' house. You can never guarantee when that's going to happen, because you don't know how long the grandparents are going to be there for. Yeah, in 2024 the time came. I bought that house. That was a huge goal for me and where I live, I know the neighbours are at the side because I've known them before life. I know the people all over the road. Everybody's

at the end of the street. And yeah, that's why it's for me as a family man with two children. It's, yeah, you know, it's it's so important. - Yeah, yeah and it's it's like I daily day right is what you value right and like you say you value your family, you value that you have a community there.

“That's what's important to you over like, you know, raw returns. I think sometimes, you know,”

although again, like I'm putting that myself, we talk about raw returns on the podcast.

It's not always about raw returns. You can't be super efficient in every area of your life. Sometimes,

actually, sometimes you're going to give up returns for some things. That's just how life is right. You have to enjoy your life and there are things that are going to be more important than that. But it is a important, important financial decision. One that sometimes, you know, do I look at it and say, oh, it was a bad investment. Not really. I don't know if I care enough about that. It's like, okay, I live here at my own place. That's the importance.

For me, I would say. So, you know, my final question to you is, you know, say some of these, listen into this and watching this and they're thinking about, you know, taking a next. So, what should that? What should they get ready before they, you know, speak to a mortgage advisor? What are some of the things that they should prepare for themselves? Okay. So, it's here. And what's interesting is this advice never changes.

Yeah. All right. First of all, it's never too early to speak to a mortgage advisor.

“Get clarity as to what your circumstances allow you to achieve and what you need to change moving forward”

to do that. Okay. With the positive, if you can save a deposit, then save a deposit. That's going to give you flexibility, more lending options, access the better deals. Look after your credit history. Okay. Easy to do this. Just don't miss any payments on anything. Okay. If we can maintain that strong financial habit, it's going to stand you and good stead. We don't need a master plan. We don't always need an app.

Okay. Just don't miss any payments. Speak to an expert and now let you know what that, what you can achieve. And yeah, the third point. So, we've touched on deposit. We've touched on credit scoring. Yeah. The third point is speak to an advisor. Speak to somebody who understands what what the market looks like and what your options are going to be. Something that I see which I don't understand is there's a lot. There's the first time buy a

support group on Facebook. Okay. With 50,000 people in the group. Okay. And there will be people comment. Also, I make posts with them. The group stating, I'm just found a property. I want to move ahead. What do I do next? And there will be 100 comments from people who aren't mortgage advisors, unsolicitors, aunts of his, aren't state agents giving advice. Now, unfortunately, a lot of the time that advice is wrong. Okay. So, to make things easy for yourself, speak to an expert. Okay.

Choose the mortgage advisor who's right for you. Yeah. Okay. And somebody you like. Somebody who you trust, somebody who you can relate to. Yeah. Maybe somebody who you can have a relationship

“with for the next 30, 40 years. That's how long you could own a home. Yeah. Be paying a mortgage for.”

We're, you know, a blessed and this day and age, you can go online and you can find a mortgage advisor. You don't have to work with the day of down the street. Yeah. You know, you can be, you can

make a choice. I always see one of the biggest blessings of my business is that my home buy is

choose me. The aren't being referred from random sources. They're seeing me online. They follow me for a little while. I think Dan knows what he's talking about. He's helping people like me. Hopefully seems like a good lad. Let's get in touch. And what that means is we have a better relationship. There's already a degree of trust there. And that allows us to move forward around the same page. Yeah. Make sure. Make sure your home ownership is achieved. Yeah. Thank you so much, Dan. I think

this conversation has been so helpful. So yeah, what does it really say? I hope that you've appreciate this conversation. Dan, it's always like great to just have like an annual conversation and what's going on in, you know, the mortgage market, slash property market, just understand for, you know, that first time buy all even like people who want to like re-mogging what the options are, their how are lenders behaving, how they thinking. And from this conversation, the way I'm

kind of thinking about it is that they are, like you say, they are wanting to, you know, give money to people to be able to buy property, which is why all these sorts of products are coming out. So I guess what I would say to people is just like Dan said, just, you know, just make sure that you're making good financial decisions, right? That's what this, that's what this is say, where it was like looking at the rental product, where you're, you know, making sure that

you're paying your rent, you know, making sure that you're, you know, looking after your credit and things like that, right? I think it's important, like we said, it's always that pre-prep to, you know, the step that you want to get to, you want to get to that step, then you need to do

first time, where can people find you if they want to connect to you? Yeah, so check out my Instagram

“page, which is @dan does mortgages on the score, on that you'll find my client reviews,”

stories about the home bias that I'm helping, if you would like to chat with me and we're going your own circumstances, your own goals, if you would like to ask any questions, you can't

send me a DM. There is a booking link on the page to book a mortgage appointment for yourself.

I'd be glad to chat as well as that. I do have my own podcast, can I plug that? Yes, please do

“my own podcast is called Let's Buy a Home, on that podcast we discuss all areas of home buying,”

buying a house, making it the home, and because yeah, I understand that there's a lot more to

buying home than just the mortgage. Amazing. Yeah, please do go and check out Dan, because yeah,

because you didn't have it at that time, but I know we were talking about offline that you have thinking of getting a podcast, so what until you fall on loan to one, because it is, yeah, it's, I think it's not only is it valuable to the audience, very valuable in terms of information, but I think there's a sense of peace that you get with making sure that you are impacting the

“world and you're able to share the information that you have to avoid it amount of people,”

because there's only so many people that you can meet in a day, right? But if you can share not only what you're, you know, with that person that you meet in, beyond that, it's like yeah, it's a win-win for you, as well. So again, like I said, I really really appreciate you, feature in podcast, do you have any final words for what you're listening to? No, um, I think we've had a great conversation. Love the podcast, I'm sure we'll do another one next year. If anybody is looking

to buy a home in 2020 or 26 good luck, it is achievable with good planning, expert advice, you can make it happen. Thank you so much Dan, thank you, really appreciate you. Thank you for tuning into this week's episode. I'll see you next week's episode. If you enjoyed this episode, share your favourite part in the comments, tap the like button, and subscribe to the channel. Your support is really appreciate it. We'll keep working hard to bring you more valuable

conversations.