A helpful guide for first time buyers

A helpful guide for first time buyers

First time buyer guide to buying your first home.

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 broker, 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 number of mortgages available to you, but as a first time buyer you can secure a mortgage with as little as a 5% deposit, your mortgage broker can discuss this 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 some really simple things you can do to help improve your chances of getting a mortgage.

Our mortgage brokers.

Our professional mortgage brokers are experts when it comes to arranging first time buyer mortgages. With whole of market access, we can check all lenders and 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 brokers 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 a broker, please get in touch by telephone, email or visit our website.