First Time Buyers

Mortgage Advice for First Time Buyers

As you probably know, it’s incredibly hard for first time buyers to get a mortgage. Our mortgage advisers are experts at helping our clients secure their first mortgage. Because of our advice many first-time buyers have been able to purchase their first home.

With so many factors to consider, it can be a daunting process when searching, and applying, for your first mortgage. Though extremely exciting, we also understand that it can feel stressful, especially with many factors to consider financially.

Our advisers have proven expertise in this area. With arrangements fees and variable rates of interest often adding thousands of pounds onto a mortgage, getting the right advice could prove to be extremely valuable. Not only can we work with you and lenders to give you the best opportunity to have your approval accepted, but we can also try and save you money, through finding the right deal for you and streamlining the process around your circumstances.

There are several steps we take to walk you through securing your first mortgage:

  • How Much Can You Borrow? 

Before we even begin looking at possible lenders, we’ll help you work out what you can realistically afford to borrow. Mortgage lenders have become much stricter on ensuring that applicants have properly costed their monthly outgoings and as such it makes sense to ensure you understand your financial position fully. With this information, we’ll be able to give you a good indication of how much you’ll be able to borrow, in realistic terms.

  • Search for Mortgages

Once we have a good understanding of your financial position, we will search through our extensive mortgage panel for an appropriate lender. Our extensive network of contacts allows us to search for deals that are both hard to find and often to get to grips with. We will assist you and keep you informed throughout the process, helping you to secure the most suitable deal.

  • Apply for a Mortgage

Because of our relationship with lenders, we can find great options and opportunities on your behalf. We will actively monitor the progress of your mortgage application and will keep you informed of its progress.

We’re frequently asked if mortgage advice is expensive. At BP Sanders we believe in Trust, Truth & Transparency. We’ll provide you with full details of our fees upfront and work hard to offer excellent value for money and your initial consultation with us is always free.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Mortgage Advisers

Amanda Hibbert & Mike Lupton

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If you would like to discuss a first time mortgage application with one of our Financial Advisers please click on the button above to arrange a callback from our team.

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