Head of Content
Mortgage Advisor & Director
Can I get a mortgage as a carer?
Yes! As long as you can show that you can meet monthly mortgage repayments, there is no problem with you getting a mortgage as a carer.
How will a lender assess affordability?
You may receive various benefits including universal credit, tax benefits and housing benefit, and you will want to find a mortgage lender that takes this income into account. Lenders are not concerned with the source of the income when assessing affordability, only that it is stable and legitimate. They are more concerned with how much disposable income remains at the end of the month after you have paid for other commitments.
Are there government schemes available?
There are a range of government schemes designed to help you get onto the property ladder. As a carer, you may find that you are eligible for a number of these schemes, there may be other local schemes that are there to support you.
How can I learn more?
At Teito, we are a whole-of-market mortgage advisor service, meaning we can access deals on mortgages that are not available to the general public.
Our advisors have years of experience helping people just like you to get the best deal on their new mortgage. To get the process started, simply complete our online form.
Choosing an Adviser
Selecting a qualified and experienced mortgage adviser is of great importance. To choose a suitable adviser, evaluate their qualifications, experience, and reputation, and ensure they are regulated by the Financial Conduct Authority (FCA).
Read reviews from previous clients and make sure they provide a clear explanation of the products and services they offer, as well as the fees and charges associated with them.
