Gammell Financial Services offers top tips for success when applying for your mortgage

Gammell Financial

With the Central Bank recently opting to ease mortgage lending limits to 4 times the borrowers income, it may be time to review your finances and decide if applying for a mortgage will be your next life step.

Gammell Financial Services, one of Wicklow’s longest standing and 2nd generation of Financial advisors are here to help. With 60 years of Financial advising between them, there is noone better equipped to give you advice than Lorna Gammell. Here are her top tips to help you get going on your mortgage journey


Small changes can make a big difference to a successful application.

Top Tips:
*Keep your savings in a separate bank account – Lenders like to see a consistent growth in savings. Keep your savings in a separate account to reduce the temptation to ‘dip in’.

*Pay your rent by standing order. Lenders like to see a consistent trail of payments being made. Having a standing order in place means you will never miss a payment and your record will be kept clear.

*Don’t overdraw on your current account, lenders perceive an unauthorised overdraft as a bank account in distress.  Ensure that you have sufficient funds to meet all your commitments.

Lending criteria is ever changing so why not find out what the lenders like and don’t like, Get in touch for more tips and an up to date assessment and lets right any wrongs.

Get in touch today by email: lorna@gammellfinancial.com or by phone: 086 8099788 / 01 2 876 345

Gammell Financial Services Limited was established over 40 years ago, we are a family run business; a father and daughter duo. With over 60 years’ experience in helping our clients achieve their goal to buy their home, move house and purchase a rental property. For friendly service and help to get you on your property ladder; pick up the phone, we are always happy to make time to discuss your dream with you.

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Gammell Financial Services Limited is regulated by the Central Bank of Ireland

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