In our initial meeting we’ll discuss your income, your outgoings, and any debt, as well as your work and personal circumstances, in order that we can advise on how much you can borrow, taking into account deposit and stamp duty requirements, and other associated costs such as valuations and solicitor’s costs.
We can then search for the most suitable 1st time buyer mortgage products for you across the majority of the lenders in the UK, considering any specific personal circumstances: maybe the property is of non-standard construction, or perhaps you work shifts, or the majority of your income comes from commission or bonuses. No matter what your first time mortgage requirements, we have the knowledge, experience, and contacts to provide you with the best solution.
There’s a lot of factors that need to be taken into account when arranging a first time home buyer mortgage, such as whether you should go for a fixed or variable rate; if you should arrange a longer or shorter mortgage term; is a 2-year term better for your circumstances than a 5 year one?; have you considered Early Repayment Charges? Without professional advice, it’s hard to know where to turn. We’re here to answer all your first time mortgage questions and to give you the confidence to make the decision that’s right for you.