we are first time buyers

First Time buyer Mortgages

When you’re looking to buy a house for the first time, it may look like quite a complicated procedure what with mortgages, valuations and legal matters, and to be honest it is. There are some fundamental things you need to consider, but we can offer help from the start of the first time buyer process through to completion. Remember, it can be an extremely long-winded process and months can pass between when you first start to look for that ideal house and when you finally move into your new home, but it’s all a bit easier if you have the right advice and help from an expert mortgage broker.

The 6 steps outlined below, take you through the whole house buying process, from first time buyer’s mortgage to completion of your house purchase, and they should give you some helpful hints and tips along the way. Remember there can be complications throughout the process of buying a home and that’s why it’s so important to use a mortgage expert. We don’t just help with your mortgage, we can help with everything else too.

The best way to start is to simply call us FREE on 01206 688568

Let's start the house buying process right now with 6 simple steps...

Step 1

Investigate your mortgage options

It’s really important to speak to a Mortgage Mentor to find out:

What the costs of moving house or buying a house actually are
How much you can borrow on a mortgage
How much will you be able to spend
How much will your monthly mortgage repayments be

Step 2

Find your dream home

This is the fun part of buying a house. Get yourself out there and view as many properties as you can…

Arrange property viewings with Estate Agents
Negotiate on the property (don’t forget to start low. You can always go up but you can’t come down)
Agree a deal with the seller for the house you want to buy
Get an agreement in principle from your ‘Mortgage Mentor’ at we are mortgages

Step 3

Apply for your mortgage

This is when you need to decide on a mortgage product. We will give you advice and submit the mortgage applications on your behalf.

Apply for your mortgage and mortgage protection
Instruct your solicitors
Your Mortgage Mentor will send off all your documents to the mortgage lender for them to review

Step 4

Mortgage offer

The importance of crossing the i’s and dotting the t’s. Make sure there isn’t a stone left unturned on your mortgage offer.

Once your survey has come back and documents accepted from the mortgage lender, a full mortgage offer will be produced
We will review your mortgage and mortgage protection arrangements with you to make sure you’re happy with everything

Step 5

Exchange contracts

This is a vital part of the house buying process and it’s all legally binding. We will help you get to this point of home buying as quickly as possible.

Before you exchange contracts on your house, you’ll need to sign a mortgage deed, a contract and a transfer of equity form
This is when your deposit is lodged with the solicitors and it becomes legally binding… Time to relax!

Step 6

Completion!

This is the most exciting part of the process… Time to take the first walk around your lovely new home!

Completion on your property purchase will usually happen a week or so after exchange, however, it might be longer depending on others in the property chain or if it’s a new build
Time to pick up the keys, put the kettle on and have a cuppa in your new home!

What should you do now?

We can’t stress enough how important step 1 is and that it’s completed before you do anything else.

Step 1 is the foundation for understanding what you can do and it’s important you get expert advice in this field. After all, it’s important to get all your ducks in a row before you make any big commitments.

That’s where we come in. We really don’t mind how early in the process you are, we want to help and give you advice from the very beginning because we understand how important it is to get that right and what a minefield this can be.

Please call us now for FREE to speak to an expert