A mortgage is a loan secured against your property that enables you to purchase your home. The lender charges you interest in return for lending you the money. Over the term of the mortgage you will need to pay the lender interest and repay the amount you originally borrowed fully before the mortgage ends. The mortgage lender has the option of taking possession of the property and selling it if the mortgage repayments are not made. Your home may be repossessed if you do not keep up repayments on your mortgage.

What are CiK Finance's fees?

CiK Finance's mortgage advice fee ranges from £250 to £1,500, dependent on many factors. The fee will always be clearly confirmed before any work is carried out. The fee is usually payable on receipt of a mortgage offer. In some cases, a fee or part of the fee may be payable in advance, and this will be fully explained and agreed with you in writing beforehand.

How much can I borrow for a mortgage?

Every lender takes a different approach to how much you can borrow. The amount you are eligible to borrow depends on the cost of the property you wish to purchase, the size of your deposit, your income, and your affordability taking into account monthly financial commitments and future commitments. CiK Finance offers a mortgage calculator to give you an indication of your monthly repayments. This is a guide only and should not be relied on as a recommendation. You should make an appointment to receive mortgage advice based on your needs and circumstances.

How much deposit do I need for a mortgage?

Depending on your circumstances, mortgages are generally available from 5% deposit. The larger the deposit you can afford, the more attractive interest rate you may be able to access. CiK Finance can help you understand your options regardless of your deposit size.

What is a remortgage?

A remortgage is swapping the mortgage on your current property for another mortgage with a different lender. You may consider this if your existing mortgage deal has expired and you want a more competitive deal, or if your circumstances have changed and you want to borrow more. Remortgaging does not involve moving home. Your home may be repossessed if you do not keep up repayments on your mortgage.

How do I prove my income for a mortgage application?

If employed, you will need at least your last 3 months payslips and sometimes your P60. If self-employed, you can use SA302s from HMRC or at least 2 years of trading accounts. You will also need to provide bank statements for the last 3 months. If you have other income such as tax credits, written evidence from the provider will be required. CiK Finance has experience with complex income situations including company directors, portfolio landlords and sports professionals.

Kieran Ali 18/05/2026 Kieran Ali 18/05/2026

Renters' Rights Act fines: what limited company landlords need to do before 31 May 2026

The Renters' Rights Act has been in force for three weeks. The 31 May 2026 Information Sheet deadline is now 14 days away and the penalty is up to £7,000 per property. This post is what limited company landlords need to do for compliance and what changes inside lender criteria ahead of the next remortgage.

Kieran Ali 11/05/2026 Kieran Ali 11/05/2026

What Counts Towards Your Mortgage When You're a Company Director

Most lenders assess a company director's mortgage on salary alone. This post explains what actually counts: dividends, retained profit, and why a specialist lender can reach a completely different borrowing figure from the same set of accounts.

Kieran Ali 04/05/2026 Kieran Ali 04/05/2026

How Making Tax Digital Quietly Changed Your Mortgage Borrowing Power

Making Tax Digital launched on 6 April 2026 for the self-employed earning above £50k. Here's how it quietly affects your mortgage borrowing power, and what to ask your accountant before

Kieran Ali 27/04/2026 Kieran Ali 27/04/2026

I own my home outright. Can I remortgage?

8.5 million UK homes are owned outright. The owners asking "can I remortgage?" right now are not panicking about rates. They lived through 14 percent. Here's what they actually want the cash for, and which lenders handle this case cleanly.