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FIRST-TIME BUYER
MORTGAGE
THAT 'FIRST HOME' FEELING
Buying your first house is one of the most exciting and proud moments in life. It can also be one of the most stressful. After saving for ages for a deposit, navigating the world of first-time buyer mortgages can be confusing and quite scary. Do you go for a fixed-rate mortgage or a tracker mortgage? If you're choosing a fixed rate mortgage how long should you fix for? There are so many different considerations and that's where our expert mortgage advisors can help.
Free Advice for First-Time Buyers
Let us take the stress out of getting your first mortgage...
Buying your first home is an emotional rollercoaster. You think you've done all the hard work saving for your deposit - now you just apply for a mortgage and start house shopping right? Not so fast!
Mortgage companies need to know that you can afford your monthly mortgage payments. Then there's the legal paperwork, surveys, building insurance, credit checks and a lot of other hoops to jump through before you finally get the keys to your dream home.
We specialise in taking the hassle out of buying your first home, offering help and support every step of the way.
From getting your Agreement in Principle, completing your mortgage application and getting a mortgage offer to liaising with your estate agent and solicitors - we do all the leg work so you don't have to!
Getting a First-Time Buyer Mortgage
Before you secure your first-time buyer mortgage, you'll want to get an Agreement in Principle. This is what an Estate Agent will want to see before you put an offer in on your dream home. An AiP tells the Agent that you can afford the monthly mortgage payments up to the value of the property you want to buy.
Getting an Agreement in Principle is just the first step in the process, as then mortgage lenders will want more detailed information about you, your circumstances and the property you want to buy.
We'll work with you to understand your needs and affordability to help us recommend the best first-time buyer mortgage for you. We'll then arrange your Agreement in Principle so, when the time comes, you'll be free to make an offer on your first home.
Let us take the stress out of getting your first mortgage...
How Much Can I Borrow?
Working out how much you can borrow for your first mortgage is only part of the puzzle - working out what you can really afford is even more important.
When we first start working with you, our mortgage advisors will ask you to complete an Affordability Questionnaire where it's important to be honest about your income and outgoings. This budget planner will help us to understand your monthly commitments and make sure that we recommend the right mortgage for you.
For a rough idea of how much you could borrow for your first mortgage take a look at our mortgage calculators or speak to us for a more accurate affordability assessment.
Get FREE Advice
From getting an Agreement in Principle to dealing with solicitors and estate agents through the purchase process, we can help to make buying your first home as stress-free as possible.
We deal with the issues so you don't have to! Whether you've got a gifted deposit, you're looking for a self-employed mortgage or you've had problems on your credit file, our experts are here to help.
Get in touch to see how we can help you on your home-buying journey.