Saving up the deposit for your first home is hard work and you will want to make sure it stretches as far as possible to obtain a house that you love. Equally if you have received some assistance from a family member to help you buy this first home then we are sure to find the perfect mortgage lender for you. If you have not owned a property before then mortgage lenders will class you as a first time buyer. Also, if you have not owned a property for more than 1 year then some mortgage lenders will also class you as a first time buyer.
We specialise in helping first time buyers take their first step onto the property ladder, so why not contact us for a chat today?
Questions we're asked by First Time Buyers
In general terms lenders may lend up to 4.5 times your joint annual income.
Yes it varies between lenders but it can be factored in.
We can look at a range of different terms for example 25, 30 or 35 years to help keep your mortgage payments affordable.
There will be valuation fees, solicitors fees, mortgage product fees and each one varies on the purchase price of the property.
From the day of application we expect you to have a mortgage in hand within 14 days.
Generally borrowers will have home insurance and life insurance when buying their first home. We can check the market for you and obtain the best policies for your circumstances.
It would be prudent to secure an agreement in principle before viewing houses because you may view 5 houses to find out they were all out of your budget.
Ready to take the next step?
It’s simple really – the best way we can help is to have a quick conversation, and understand your situation and what you want to achieve. We’re not pushy or sales-y, so get in touch for a no-obligation chat. Who knows? We might be able to get you a great deal.