Keep in mind that there are umpteen residential mortgage lending companies out there, and each one of them may offer unique deals. Residential mortgage lending companies aren't charities. They're in business to make a profit, and only the simple-minded would begrudge them. So they add in fees and penalties and charges, either upfront, or into the interest rate. They get lots of queries from people who haven't got the 'scratch' to repay a residential mortgage, so you can forgive them if they're a bit off-hand; they've heard it all before.
Your residential mortgage request will be judged according to a formula, and any soft talk you get is merely them being eager and/or polite. If you can tick all the right boxes truthfully, you get a better deal; if not, a worse one. They're gambling on your ability to cover your residential mortgage debt, and your interest rate reflects the 'odds' of repayment.
This being a business deal, they'll try and get as much out of you as possible, but with the internet you can compare deals, and haggle a wee bit. When applying for a residential mortgage you will have the opportunity to choose from various options like capped or variable interest rates. Of course, this depends on the lender as well. If you do not find a residential mortgage that seems to match your needs and/or budget remember that banks and other lending companies can negotiate a bit when it comes to interest rates as well as other options affecting your residential mortgage. If you end up mortgaging with a bad credit lender and are unhappy with the terms you receive, remember that you can always remortgage again later. Be sure to maintain a good repayment history and keep working on improving your credit so you will be ready to remortgage again when the time comes. The first step towards getting your residential mortgage is to find out exactly how much money you can borrow. This is worked out according to your income, usually three times your annual salary before Tax and National Insurance are taken away. If it's a joint residential mortgage, the lender is likely to offer you either three times the annual income of the higher earner plus the total second income, or 2.5 times the total joint income. You can add your savings to the amount offered by your mortgage lender in order to estimate the range of house prices available to you. Residential mortgages are very complicated. The choices are mind-boggling and if you try to buy a residential mortgage on the Internet without seeking professional advice you could easily make the wrong choice. You could end up wasting thousands of pounds. Don't take the risk - speak to a professional residential mortgage advisor. A bank will run credit checks, confirm income with an accountant, or even access your bank account to review your balance over a period of time. Not all mortgage lending companies will do this; however, they do have the right to check your income is what you claim it is; they're loaning you a heck of a lot of money! | 
