First time Buyers

With over 20 years experience in dealing with residential mortgages, we have built up  a vast experience of dealing with mortgages for first time buyers.

We pride ourselves in understanding the needs of someone buying their very first home on mortgage and subject to a purchasers status we could possibly arrange a mortgage at 125% of the purchase price of the property. 

For example, if you were paying £100,000 for a house it may be possible to arrange a mortgage of £125,000.  

The reason why we would do this is because we appreciate that buying a property is a costly time for any purchaser but when specifically looking at a first time buyer we find that having savings sufficient to cover all costs could be a problem.   Apart from buying the actual property you will have:

• arrangement fees
• fixtures and fittings e.g. carpets, suite, beds etc etc
• minor property repairs and alterations
• decorating
• kitchen white goods
• kitchen items e.g. kettle, toaster, pots and pans etc etc

The list could be endless and obviously very expensive and borrowing extra money and including it on your mortgage it is possibly the cheapest money that you will be able to borrow.   We are also very experienced in arranging mortgages for purchasers who have been offered vendor or builder gifted deposits.

We like to pride ourselves in the fact we will “hold your hand” through the purchasing process including dealing not only with the mortgage but also assisting you in understanding the legal process and documentation sent to you by your solicitor. 

Your home may be repossessed if you do not keep up repayments on your mortgage.