First Time Buyers

Book your free call NOW

There’s nothing we love more than seeing First Time Buyers get the keys to their first house!

It’s even better when they didn’t think it was possible before they met us. The process can seem really daunting, with hundreds of lenders and rates to choose from, different types of mortgage rates and repayment methods – There’s so much choice so we make it as simple as possible. Once we know all about you and your situation, as well as your thoughts and attitude to risk and the future, we will recommend exactly the right option for you.

We take great pride in helping you through this journey. Whether it’s arranging a viewing for you or putting your offer forward, right through to applying for the mortgage and getting the offer out smoothly and quickly, we can do it all so all you need to worry about is choosing the property you want to buy!

When you’re buying your first home it’s essential that we budget properly. We need to consider all of those extra costs and bills that crop up as part of owning a home like council tax and utilities as well as travel costs and food. Together, we’ll go through a full budget planner with you based on the new property and all the outgoings you should expect. We will then use this to ensure you are not overstretching yourself and will be able to afford all of your commitments.

We always recommend you come and talk to us before you start looking at houses. This way we can work out your budget and make sure it’s affordable, so you can go out safely in the knowledge you can afford whatever property you look at. It’s not always about how much you can borrow, you need to realistically be able to afford the monthly repayments as well


How much deposit do I need to buy a house?

Probably less than you think! There are options with standard mortgages for as little as 5% deposit as well as one or two lenders that have specialist products that might not even need any physical deposit at all. Just don’t forget you will always need a little bit for the fees and costs.

How long do I need to have been in my job?

It depends on the lender but there are lenders that will even use a job you haven’t started yet as long as you have a signed contract of employment. Some lenders might want you to have at least started your job and some may want you to have been there for a few months.

How much can I borrow?

That is a tricky one. It all depends on your income and your outgoings, as well as your family situation. Lenders take into account all sorts of things including variable income and other debts in the background. Children will also have an effect on your affordability.

Can I get a mortgage with poor credit?

There are certainly lenders who will consider applications with some credit problems, it very much depends what credit problems you have had. If you have had issues in the past we will look at your credit report with you and decide on a plan together. There are lenders that will consider all sorts of things so never be afraid to ask!



For more information please contact us.

Book your free call NOW