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Usually, banks provide mortgages with long repayment period and low interest rate.But banks require the applicants earning certain level of salary and pass the stress testing, the approval procedures are more complicated and strict.On the other hand, Finance companies usually provide mortgages with shorter repayment period and higher interest rate but the approval procedures are relatively loose.

You should follow 4 basic steps:

1. You need to submit a mortgage application form and income proof to a bank.
2. The bank will conduct the property valuation and examine the mortgage application.If necessary, your credit report will be checked.
3. After your application is approved, the bank will arrange you to sign a loan condition letter. The bank will instruct your appointed solicitor to prepare a mortgage deeds and other legal instruments.
4. On completion date, the bank will make available the mortgage money to the solicitor firm and pass to the property seller.

In general case, you have to prepare the following documents:

1. Copy of ID card or passport of the borrower and a guarantor(if necessary)
2. Preliminary sale and purchase agreement or recent repayment table
3. Bank book or recent salary payroll slips
4. Latest tax demand note, recent Employer's Return[Form I.R.D 56 B] or an employer's letter