Key Steps in Buying Your First Home
Great Rates for First Time Buyers
With hundreds of competitive mortgage deals currently available, this could be a good time to get into the housing market.
Making a success of your first property purchase means being well-prepared. You’ll have heard how nerve-racking buying a property can be, however working with us will help take a lot of the stress and hassle out of the process. It’s a big and expensive decision and we will help you get it right.
You’ll need to know what house prices are in the area in which you want to live. We will talk you through the amount of deposit you’ll need to get a good mortgage deal. You’ll need to budget for costs like surveys, legal fees, stamp duty and expenses associated with moving. Check your credit score. If it’s not as good as it could be, take steps to improve it before you make your mortgage application.
We will be able to help you submit your application to the right lender, saving you the headache of approaching lots of lenders and comparing their terms. Once you have an offer in principle, you can start looking for a property. When you’ve found somewhere you want to purchase, you’ll need to make an offer. If that’s accepted, then it’s on with the paperwork and there’s lots of it. You’ll need a survey to find out if the property is structurally sound and a solicitor or conveyancer to carry out the legal work. When you and the seller are ready, contracts are exchanged and you’re committed to the deal. That’s followed by completion, at which point you can finally call the property your home and move in.
Let us do the hard work for you and get you the keys to your new home.