First Time Buyer
Buying your first home can seem complicated. There’s a lot to think about and it’s a huge milestone. If you’re perplexed by the jargon or aren’t sure where to start, will take you through the process and offer tips to help you become a homeowner.
How much deposit you need
How the 99% Loan Scheme and shared ownership works
Understanding how much you can borrow through a mortgage and what a “mortgage in principle” is
The different types of mortgages and the impact of interest rates
Tips for improving your chances of securing a mortgage
The homebuying process
Home Mover, Let to Buy & Porting
In a competitive property market, the ability to move quickly with your finances is crucial to securing a successful offer on the right property.
We work with clients at every stage of their property search:
Home Mover Mortgage: This is a mortgage specifically designed for people who are selling their existing property and buying a new one.
Let to Buy: This is a strategy where you turn your current home into a rental property (buy-to-let) and use the rental income to help secure a mortgage on your new home (purchase).
Porting: This refers to transferring your existing mortgage deal from your current property to your new one. It can be a good way to keep your current interest rate and avoid early repayment charges, but it depends on the lender and the value of your new property.