First Time Buyers Mortgage
It can be thrilling and intimidating to purchase your first home because there are crucial decisions to make and standards to take into account before you start climbing the property ladder. Throughout the home-buying process, your Expert Mortgage Adviser will work with you to make sure you get the best direction and advice.
Preparing for a Mortgage
Once you have discovered a property, our goal is to put you in the best possible position to move forward. Your Mortgage Adviser will examine your income and outgoings at your initial discovery appointment in order to establish a reasonable budget for your new purchase. Before beginning a serious property search, it is crucial to receive guidance on your mortgage alternatives.
Your mortgage adviser can explain how much you might be able to borrow, what your monthly expenses will be, and how to proceed with the remaining phases in the home-buying process. Your mortgage advisor will assist you in comprehending all fees related to buying a property as well as when you must pay them. This might comprise:
- Deposit
- Lender charges
- Protection costs for your family and lifestyle needs
- Solicitors’ fees
- Surveys fees
- Stamp duty/government taxes
Preparation is very vital during the mortgage process, it’s a good idea to have the following documents available for this meeting:
- Payslips or audited accounts/SA302 documents if self employed
- Bank statements
- Proof of deposit
- Proof of residency
- Proof of identity e.g., driving licence or passport
- Existing loan or credit card commitments
How much could you borrow?
Use our online calculator to get an idea of how much you could borrow, see current interest rates and compare monthly payments.
Start viewing properties
You’ll need an Agreement in Principle. There’s no charge for this, and no obligation to apply for a mortgage with us.