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First time buyers' guide

 

Buying your first home can be quite daunting. It’s likely to be the biggest financial commitment you’ll ever have, so you need to know that you’re making the right decision.

Searching for a mortgage can be time-consuming and somewhat of an inconvenience, but with the help of a mortgage adviser, we can take all this stress off your shoulders.

How to get your first mortgage

The first step is to find out how much money you can borrow and then work out what’s affordable for you. The main hurdle many first time buyers come up against is finding money for the deposit. Having a small deposit can restrict the amount of mortgages available to you, but there are Help to Buy government schemes, which your mortgage adviser can discuss with you.

Following this, the next step is to get yourself mortgage ready. With more stringent affordability testing from the lender, it’s important that your finances are in order - you might be surprised that there are actually some really simple things you can do to help improve your chances of getting a mortgage.

To read more about getting a mortgage for the first time, download our first time buyers’ guide. We cover topics such as, credit ratings, property search, choosing surveys and solicitors, and many more.

Our mortgage advisers

Our professional mortgage advisers are experts when it comes to arranging first time buyer mortgages. With access to over 11,000 mortgages from over 90 lenders, we’re perfectly placed to help you find the right mortgage and get you on the property ladder. We’ll be on hand to guide you through the whole process, right up until the day you get the keys in your hand.

Whether you prefer a face to face or telephone appointment, we will offer the same expert service. Our advisers will take into consideration your personal circumstances, including your income, outgoings, deposit money etc. All of this helps us build a picture of your financial situation and can help us recommend a mortgage deal that is right for you.

To book an appointment to speak to an adviser, please get in touch with us today.

Because we play by the book we want to tell you that…

Your home may be repossessed if you do not keep up repayments on your mortgage.
There will be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.

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