For the inexperienced first time buyer, choosing the right mortgage can be a daunting task. It can be a scary though not knowing the processes involved in securing a mortgage let alone understanding if the one you may be offered is really the best one for you. When you know what to expect along the way, it removes any surprises and a lot of anxiety for the first-time buyer.
For the best possible mortgage available to suit your needs new borrowers should use an experienced mortgage broker rather than approaching their own bank or a high street mortgage lender who would be tied in with certain mortgages, and are paid to promote them even if they may not be the best fit for you.
What might be a good mortgage choice for your best friend might not be good for you. Your financial circumstances might call for something different, and as the guidelines for first time mortgages are constantly changing, especially since the credit crunch, you need to be able to find someone knowledgeable in your area for mortgage advice.
Mortgage brokers are independent, and are experts in finding the best possible mortgage for first time buyers.
Mortgage brokers have more options than high street banks and building societies. They have access to ‘whole of market’ mortgages, and on your behalf, can run through all available mortgage options in order to ensure that you – the first time buyer gets the best deal.
Buying a home for the first time is a step-by-step process. Who better to guide you through the complexities of mortgage negotiation than an experienced mortgage broker?
Once we have all the details we need from you, we can then search the market to find the best mortgage options available to you based on your income, outgoings, existing debts and credit status. We can then sit down with you and discuss the potential benefits of each option to find the perfect mortgage for you.
You will be advised to select the mortgage that best suits your financial situation, and every option will be explained in detail to help you make an intelligent decision.
We will be with you each step of the way, and we are available at the end of the telephone should you have any queries, or need any aspect of your mortgage offer explaining in more detail.
Our mortgage brokers don’t work traditional banking hours, and we can meet with you, or talk to you over the phone at a time that is suitable for you. No need to take time off work to talk to a bank manager in a stuffy office. We can come out to meet with you after work during the week, or even on a Saturday if that is more convenient for you.
Other useful articles for First Time Buyers
- A Guide to First Time Buyer Mortgages
- Family Gifted Deposit Mortgages – Are they Available?
- First Time buyer with a Small Deposit