FIRST TIME BUYER

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MORTGAGE ADVICE THAT’S AS UNIQUE AS YOU ARE

Buying your first home can be a very exciting albeit daunting experience which is why it is important to get the right advice at the very start. There are many different mortgage products to choose from so it is important to get the solution that is most suitable for your needs.

To help you to make the right decision we have put together our Top Tips for first time buyers:

How much can I borrow?
It is important to be realistic when working out how much you can spend on your new home. A budget planner will help to ensure your mortgage is affordable.

How much deposit will I need to put down?
When choosing a mortgage, you can see which deals you might qualify for based on the size of the deposit you have by looking at what is known as the mortgage ‘loan to value’ (LTV). For example if you are looking to buy a property valued at £100,000 and have a £5,000 deposit you will be looking to borrow 95% of the property value. Typically the more deposit you have to put down the better the mortgage rates will be.

Have you considered any extra costs?
Even a newly built house will require some sort of furnishings, whereas older properties may require extensive work, such as re-flooring, tiling or renewing the wiring. These should be considered alongside the purchase price, and fees such as conveyancing and stamp duty.

Know what to look for when viewing properties.
Always take an experienced home buyer with you when viewing properties as there may be important details you could be missing out on.

Household Budgets.
If you have been used to living at home with your parents, remember to budget for expenses such as council tax, gas and electricity bills, boiler servicing, and other home repairs.

Council Tax Charges.
Make sure you know what the likely council tax charge will be in your new property. The selling agent should be able to tell you what tax band the house you are interested in buying is in, and how the charges are levied by your local authority.

Remember a mortgage is a long term commitment and there are lots of different products available, so it is important you get the right solution for you.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

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WHAT TYPE OF MORTGAGE ARE YOU LOOKING FOR?

FIRST TIME BUYER

EQUITY RELEASE

MOVING HOME

BUY TO LET

REMORTGAGE

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WHO WE WORK WITH

Below is just a small selection of the lenders we’re able to work with on your behalf

Nationwide
NatWest
LBS
Virgin Money
Precise
HSBC
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WE’RE WITH YOU EVERY STEP OF THE WAY

With over 10 years of financial services experience, from mortgages to protection, our varied industry knowledge will cater for any financial circumstance you find yourself in.
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10 +

YEARS OF FINANCIAL EXPERTISE

We love our job and hope that shows through when there is nothing about the industry that our experienced team do not know.
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100 +

Mortgages To Suit You

No matter your circumstances, we are here to get the right mortgage for you.
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FIRST TIME?

First time buyer mortgages

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MORTGAGES

Looking for a mortgage deal?

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PROTECTION

How to protect your mortgage

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REMORTGAGE

Get great remortgage deals

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READY TO DISCUSS YOUR OPTIONS?

With hundreds of mortgage products available, you can be sure that our experienced mortgage team will find a great deal for you.
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WHAT OUR CUSTOMERS ARE SAYING

Happy clients are the bedrock of any business and ours is no exception.

"Friendly, fast and efficient, with outstanding Service throughout the entire process. Really happy and would recommend to anyone."

 

 

James Anderson (September 2023)

 

 

"Great Service, Friendly, Quick & Reliable. Always called me back and answered even my most silly of questions. Will definitely recommend!"

 

 

Nick Peters (September 2023)