This FAQ section includes frequently asked questions that can help provide clear and concise answers to your questions.
Yes. Many mortgages are portable, meaning you can transfer your current deal to a new property. This can help you keep your rate and terms, but it’s not always guaranteed, so it’s wise to get expert advice early.
It depends. Deposit requirements vary depending on a few key factors:
Your credit score
The type of mortgage you're applying for
The lender's specific criteria
The larger your deposit, the better your chances of accessing lower interest rates and better terms. However, there are still options available with a smaller or no deposit subject to certain lenders’ T&Cs.
Let us help you figure out what deposit works for you—and what options you actually have on the table.
Yes. You’ll usually need two years of accounts or tax returns. We help you prepare the right documents and match you with lenders who understand self-employed income.
No. While a strong credit score can unlock more options, many lenders offer solutions tailored for those with fair or even limited credit histories.
We work with a comprehensive range of lenders to find a mortgage that fits your unique situation.
Whether you're building credit or rebuilding, we can help you explore your options with confidence.
Don't count yourself out—lean on our expertise and decades of experience. Speak to us today.
It’s not legally required, but lenders strongly recommend it. Life cover protects your family by helping pay off the mortgage if anything happens to you. We help you find the right cover.
Income protection pays you a monthly amount if you can’t work due to illness or injury. It’s especially important for anyone without long-term sick pay and income earners in single income households. We ensure you get cover that fits your budget.
Critical illness cover pays a one-off lump sum if you’re diagnosed with a serious illness. Income protection pays you a monthly income if illness or injury stops you working. Many clients benefit from having both, and we guide you through the options that best match your needs and budget.
Timelines vary, but we aim to secure your mortgage offer as quickly and smoothly as possible. Straightforward cases can be approved in a matter of days. More complex cases may take longer. Either way, we keep you informed at every stage so you're never left guessing.
This FAQ section includes frequently asked questions about us and the services we provide.
Mark One Financial Services is a trading name of Mark Duguid and is an Appointed Representative of PRIMIS Mortgage Network. PRIMIS Mortgage Network is a trading name of First Complete Ltd which is authorised and regulated by the Financial Conduct Authority under FRN 435779 for mortgages, protection insurance, and general insurance products. The Financial Conduct Authority does not regulate some forms of Buy-to-Let.
There will be a fee for mortgage advice which is payable on completion. The exact amount depends on your circumstances and may range from £0 to £499 depending on the level of research and administration required.
Your adviser needs the full financial picture. This includes all bank accounts, savings accounts, linked pots, and any secondary accounts you rarely use. It also includes payslips, ID, address proof, credit commitments, and statements. Full transparency helps us explain your finances clearly to lenders and gives your application the strongest possible chance of success.
Most lenders require the most recent three months of bank statements for all accounts. Some may request more depending on your income type or financial situation. Sharing everything upfront prevents delays later.
Absolutely. Mark One Financial Services has extensive experience securing mortgages for self-employed clients, contractors and those with multiple income streams. We know which lenders are flexible and how to package your case for the best possible outcome.
No. You can come to us first. Mark One Financial Services compares a wide range of lenders to help you secure the most suitable product for your needs. This saves time and avoids unnecessary credit checks.
With the right documentation, you could be approved by some lenders with:
a) 12 months employment history
b) A copy of your latest contract
c) Three months of payslips and latest P60
d) Three months bank statements
Let’s make this process work for you! Reach out to explore your options with a team that understands flexible employment and has 𝘆𝗼𝘂𝗿 𝗯𝗲𝘀𝘁 𝗶𝗻𝘁𝗲𝗿𝗲𝘀𝘁 𝗮𝘁 𝗵𝗲𝗮𝗿𝘁.
Yes. Mark One Financial Services provides ongoing after-sales care, including mortgage monitoring so you never miss a better deal. We stay with you long after completion to ensure your mortgage continues to work for you.
Yes. Alongside mortgages, Mark One Financial Services offers advice on Income Protection, Life Insurance, Critical Illness Cover and more. We help you protect your home, your income and your family with tailored advice.
Yes, you can. Some insurers cover higher-risk occupations such as construction, offshore work, emergency services, people who work at great heights, farmers, etc. The terms and premiums may differ, but cover is still possible. We match you with the providers most suited to your role so you can protect your income with confidence.
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