Get a lending decision in as little as 10 minutes
Based on the details you give us, we can quickly advise you if we are able to provide you with a mortgage.
Best Overall Mortgage Provider
High Street Mortgage Provider of the Year
What is a lending decision?
Before a full application, you'll need to get a quick lending decision - where we'll tell you if we can offer you a mortgage and exactly how much you’re able to borrow.
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It takes as little as 10 minutes
With some details from you we’ll tell you whether we can lend to you and how much.
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It won't affect your credit rating
Our checks will not appear on your credit file at this stage of the application.
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It lasts for 30 days
If you need more time, you can easily retrieve your details and resubmit your lending decision for reapproval.
How much could I borrow?
It helps at this stage to have an idea of how much you would be able to borrow for your mortgage.
Can I afford it?
We also have a repayment calculator which will give an estimated monthly repayment figure for the amount you want to borrow.
I'm ready to get started!
Ok, you just need to read the following first:
What do I need to hand?
We will ask for information about:
Your income
Including your salary, regular bonuses, and overtime. Also include any benefits received such as child maintenance.
Your outgoings
Your regular outgoings such as loan payments (including student loans), credit cards and overdraft usage. It also includes payments towards childcare and child maintenance or existing mortgages.
Am I eligible?
- You need to be at least 18.
- Be sure to check that you are on the electoral register at your current property.
- You must reside in the UK at the time of application and either be a UK citizen or hold a European passport.
- The mortgage property must be in the UK and where you intend to live.
- We cannot take into consideration any income that is paid in or converted from a currency other than UK sterling.
Anything else?
- To help things go smoothly, please read our lending criteria.
- We only offer Yorkshire Building Society mortgages.
- If you want to apply for an interest only mortgage, or your mortgage term will extend beyond your expected retirement you will need to speak with one of our mortgage advisers by telephone.
- If you are remortgaging and intend to use any funds for the purpose of debt consolidation, we cannot accept this type of application and you will need to seek independent mortgage advice.
- When you request a lending decision we will obtain details from a credit reference agency. To find out more about how your credit score affects your lending decision, why not take a look at our guide to income expenditure.
All set!
Now, how would you like to get a decision?
Online
By clicking 'Get started' you are confirming you have read and agree to the above.
By phone
Talk to one of our mortgage advisers over the phone.
9am - 5pm Mon-Fri 9am - 1pm Sat
I think my lending decision expired...
No problem. Simply login to retrieve your expired AIP, check your details are still correct, and resubmit it for an updated lending decision. As soon as we've approved your new AIP you'll then be able to complete your full mortgage application.
The cost of moving
When you're ready to purchase a property it's often easy to overlook the costs involved other than mortgage payments and your deposit.
The list below gives you a breakdown of all the different fees and charges you might need to pay when you're buying a new home.
| Deposit | This is the amount that you contribute to the overall cost of purchasing a property. How much you pay will depend on your Loan to Value (what proportion of the total amount is made up of the mortgage). |
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| Stamp Duty Land Tax | This is a government tax based on the value of the property. It is only applicable on properties where the purchase price is £125,000 or more.
You can find out more about Stamp Duty on the gov.uk website. A different system is used in Scotland, called Land and Buildings Transaction Tax which is very similar to Stamp Duty. |
| Legal fees | If you are purchasing a new home or remortgaging with YBS you will need a licensed conveyancer (usually a solicitor) to carry out any legal work on your behalf. The cost is around £200 for carrying out any legal searches, with legal fees of typically £500-£1,000 on top of this.
You can find out more about how to appoint a solicitor on our conveyancing page. Note: Some of our products come with a remortgage legal service provided through our chosen service provider. |
| Estate agent fees | This is a cost paid for the services of an estate agent and would only be applicable if you are also selling a property as well as moving to a new home. The cost is usually 1-3% of the total purchase price |
| Removal costs | You can hire a removal firm to move your belongings to a new property or you can hire a van and do it yourself, which may be cheaper. |
Receiving advice on your mortgage application
There are two ways you can apply for a mortgage with YBS
- With advice over the phone
- Without advice ('execution only') - online
Getting a lending decision online without advice
If you apply for a lending decision online, this is known as an 'execution only' application, meaning that you won't be eligible to receive advice on your lending decision application. However, if at any time after you start your application you wish to receive advice you can elect to do your lending decision over the phone. Our online lending decisions are also 'portable' which means once you've obtained a lending decision you can call us to apply for your full mortgage application with the benefit of advice.
Applying for a mortgage online without advice
Our online mortgage application is also 'execution only' and is designed for those customers who have a good understanding of the mortgage application process and that have identified the product they wish to apply for. Before applying for a mortgage online you must be aware of the following:
- The product you wish to apply for including the interest rate and term of it.
- Interest rate type e.g. fixed, or variable.
- The early repayment charges associated with the product
- The price or value of the property you are looking to purchase or remortgage
- The loan amount required of loan you wish to borrow
- The length of term required
If you choose to proceed down the 'execution only' route without receiving any advice, we will not be able to provide guidance on any of the above throughout the application. However, you will be able to move the application to our call centre channels where you can access full mortgage advice.
If you are unsure on any of the above a mortgage application with advice may be more suitable for you.
Benefits of receiving mortgage advice
A mortgage is likely to be the largest financial commitment you make in life, therefore you may benefit from speaking to one of our mortgage advisers over the phone.
A mortgage adviser will be able to review your incomings and outgoings and make a suitable mortgage term and product recommendation to suit your individual needs.
An adviser will be able to provide guidance on the following, amongst other points depending on your circumstances and needs:
- Mortgage term
- The Interest rate on your chosen mortgage deal vs the product fee you may have to pay for selected deals where the interest rate is lower
- The affordability of the loan
- If a fixed or variable rate would best suit your circumstances.
Mortgage administration fees
Effective as of 01/03/2018.
| Property letting † | £72.00 |
| Copy mortgage statements | £11.00 |
| Breakdown of transaction | £12.00 |
| Certificate of interest / interest paid certificate | £11.00 |
| Subsequent redemption statements | No charge |
| Unpaid direct debit | £10.00 |
| Bounced cheque | No Charge |
| Provision of a lender's reference | £27.00 |
| Consent to second/subsequent charge | £16.00 |
| Removal of mortgage from Scottish Land Registry | £160.00 |
| Payment of unpaid ground rent/service charges | £45.00 |
| Release of part security/approval of other legal agreements | £65.00 |
| Mortgage Fee (formerly Redemption Administration Fee) | Please refer to your offer document |
† The mortgage interest rate on a borrower's mortgage will be increased by 1% where the borrower has agreed with the Society the terms of an authorised let. Where a borrower lets the property and the Society has not agreed to the letting, it will be treated as unauthorised, and the mortgage interest rate on the borrower's account will be increased by 1.15%.