Buying your first home is an experience you will never forget. While the actual process of house-buying only starts once you have found a property that you might wish to call home, planning ahead can give you a massive advantage when it comes to getting a home that you really want. When you are looking to put a deposit down on a home the bigger you go with the deposit the better chance you have of getting accepted for a mortgage. This is mainly because a lender will see a deposit as protection, lenders will think about the challenges a borrower may encounter during the life of the mortgage, this may include temporary falls in house prices and periods of unemployment, reduced income is another obstacle a borrower may encounter and this may be because you are starting a family and some of your income will go towards them each month. A bigger deposit means that you will have smaller monthly payments to make.
Our advisors will help you with finding a good deal for you as we work with a number of lenders from across the market. When you come with us we can make sure that you have the same advisor throughout the whole process, our advisors can also deal with all of the paperwork to make the whole process hassle-free.
While having an offer on a house accepted may be a cause for celebration, it is actually a fairly early point in the procedure for buying a property. Here is a summary of the steps [...]