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Mortgages & finance

How much you can borrow, the types of mortgage, and how to get a better rate.

A mortgage is the largest commitment you’ll ever sign. Understand how lenders decide what you can borrow, the difference between the main mortgage types, and the costs beyond the monthly payment.

Guides

Mortgage in principle: what it is and why agents want one

A mortgage in principle is an early sign from a lender of how much you may be able to borrow, based on an initial check of your finances. It

3 min read · Updated 8 August 2026

Help to Buy ISA: the legacy scheme explained for existing savers

Closed to new accounts since 2019 - but if you still have one, the 25% bonus is free money you can’t afford to lose. Rules, limits and how to claim at completion.

3 min read · Updated 7 August 2026

Fixed or tracker mortgage: which should you choose?

A fixed rate buys certainty at a price; a tracker bets on the Bank of England. How to compare them properly - and the one question that settles it for most people.

2 min read · Updated 7 August 2026

How much does a mortgage broker cost? (and is one worth it)

Free brokers, fee-charging brokers, and everything between. What brokers actually charge in 2026, what you get for the money, and when to skip the broker entirely.

2 min read · Updated 7 August 2026

Help to Buy ISA vs Lifetime ISA: which should you use?

If you still have a Help to Buy ISA, should you switch to a LISA? The bonuses, limits and traps compared - and the answer depends on one number: your house price.

3 min read · Updated 7 August 2026

Lifetime ISA explained: free money for your first home

Save £4,000 a year and the government adds 25% - up to £1,000 of free money annually. How the Lifetime ISA works, the rules, the traps, and how it compares to the Help to Buy ISA.

2 min read · Updated 7 August 2026

Remortgaging: when and how to switch your mortgage

Your fixed rate is about to end - now what? Remortgaging can save you hundreds a month. Here’s when to switch, what it costs, and the process in five steps.

2 min read · Updated 7 August 2026

Mortgage affordability: how much can you actually borrow?

Most lenders cap borrowing at 4–4.5× your income - but income is only half the story. Here’s how affordability really works, what lenders check, and how to work out your own number.

2 min read · Updated 7 August 2026

Common questions

What income multiple can I borrow on a mortgage?

Most UK lenders offer 4–4.5× your annual income, with some stretching to 5× or 5.5× for high earners with low outgoings. The multiple is an upper bound - the actual offer depends on your committed outgoings, credit history and the lender’s stress test.

What is a mortgage in principle and is it free?

A mortgage in principle (AIP) is a lender’s written indication of how much they would lend you. It’s free, usually takes minutes online, doesn’t affect your credit score (it’s a soft search), and is essential for making offers - agents and sellers expect to see one.