First Time Buyer
How We Help
Buying your first home is an exciting milestone, but it’s also a big financial commitment. Mortgages are one of the largest single transactions you are likely to make in your lifetime, and for that reason it’s important to make sure that you have accurate and reliable guidance throughout the entire process.
We are Independent which means we can offer unbiased, honest and impartial advice from the entire mortgage market meaning you can be assured of the very best deals.
We also have access to exclusive mortgages not available on the high street.
We promise that we will be there every step of the way. Most importantly, our priority is finding the best first time buyer mortgage that is suited to your personal circumstances, and that you fully understand the process.
Before you make any mortgage commitment, we will make sure you know and understand all of the information and sometimes confusing mortgage jargon.
There are always plenty of mortgage options, and we ensure that you end up with the best overall deal that takes all factors into account.
Additionally, we always help you make sure that even after you’ve moved in to your new home, you have protection in place to ensure your mortgage is paid should the worst happen.
If you’re only considering options at this point, GET IN TOUCH and let us help you make a clear plan for the future.
Remember- preparation is everything!
*As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments*
From our first meeting until you move into your new home, we will always be there.
First Home Scheme
What is the scheme?
This is another Government scheme designed to help buying a first home. It’s aimed at local first time home buyers and key workers and offers properties at a discount of at least 30% off the market price. If you later sell the property the same percentage discount will be passed on.
Advantages
The scheme could help you onto the property ladder in your local area where you have previously been priced out.
You get a new home with a minimum 30% discount and maximum 505% discount but own it in its entirety.
Stamp duty is based on the discounted price.
Disadvantages
You will need to find a developer taking part in the First Home Scheme in your area. Competition for First Homes will be fierce.
The discount attached to First Home and the price cap could limit your profit potential.
You must try to sell someone else using the First Home Scheme.
The scheme is only available in England.