FIRST TIME BUYER MORTGAGE GUIDE
Buying property can be a challenge and buying a home for the very first time can be even more daunting. It is probably the biggest financial commitment of your life and getting good advice will help you get it right, especially since you will have to find your first mortgage as well.It is a complex process and there are so many things to learn and plan, so many questions to ask, so many options to think about and so many decisions to make that it can often be difficult to even know where to start. |
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Are You Ready For This?
Finding the right house or flat can take a lot of effort, but this is just the first small step to getting onto the property ladder. Once you have identified where you want to live and found a property in that location you will need to find out if you can actually afford to pay for it, and then you will have to get a a first time buyer mortgage to complete the purchase.
We Can Help You
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It always pays to know what you can afford even before you find a property. Get in touch now so that one of our specialist brokers can tell you what is the maximum you can borrow, how much deposit you may need, how much your monthly repayments will be and the level of any other costs that you may incur as part of the process.If you want to ask a question or need help just phone, request a call back, apply online or email us. |
Our specialised mortgage brokers provide free professional advice to all home buyers and have access to a wide range of mortgages and home loans all with good interest rates.
As a new buyer you should make sure you are prepared beforehand and get a mortgage pre-approved in principle. This can make the whole process of buying your first home so much easier to handle. Remember that you will need a 100% mortgage if you don't have a deposit to put down.
Once you know how much you can borrow and have found your potential new home our broker will find you the right mortgage and will ensure your first property purchase goes through without a hitch. There are many different types of mortgage and mortgage deals available in the UK and their adviser will make sure you understand all the differences and the implications of each one available to you.
They can get you the very best loan deal for your individual situation even if you have credit problems or other difficult circumstances. They will make the whole mortgage process as smooth and hassle free as possible. Just call us now so they can give you some great advice or a free quote with a top interest rate.
What is a First Time Buyer ?
This is simply a single person, a couple or a set of individuals who have never bought a property before, but now wish to do so.
If you can't afford to buy your first home just on your own you may want to consider buying with friends or relatives using a joint ownership mortgage. If you don't mind sharing ownership but do want to live on your own then a shared ownership deal with a housing asscoiation may be appropriate.
