First time buyer
We are in independent, whole of market, mortgage brokerage. This means that we have access to all of the main stream lenders up and down the country, from the well known names such as Natwest and Halifx to the lesser known Newcastle building society or intermediary only lenders such as Clydesdale. We do this in order to gain the very best deal for you, answering only to you.
Typically you will need to save at least a 5% deposit of the total house value you intend to purchase. As a first time buyer, you are exempt from any Stamp Dutly Land Tax on the first £300,000 of your property value.
You would simply book an appointment and we would come out to meet you at a place that suits you, at a time which works around your schedule - up until 9pm weekdays.
We would run through how the process will work, look at your income and outgoings as well as financial commitments, discuss the different types of mortgages and answer any questions you may have. Then head off and do some research on your behalf and contact you with and agreement in principle - which is how much a lender is willing to lend you based on the information given.
You then hunt for a house, showing this agreement to estate agents to demonstrate you can afford the property. You make an offer - upon it being accepted, contact us with the details and we will progress things from there.