First Time Buyer Mortgage Advice in Lincoln
First-Time Buyer Mortgage Broker in Lincoln
Speak to a local Mortgage Broker
If you’re buying a home as a First-Time Buyer, you may feel a little anxious about the process. It’s understandable – The market has a lot of competition and the Estate Agents can put a lot of pressure on you. Our team of experienced advisors will work patiently and effectively alongside you, to ensure your property-owning dreams come to life
First-Time Buyer Mortgage Advice in Lincoln
- Curious of how much you may be able to borrow or what your repayments could be?
- Need some help in making an offer on a property you like?
- Do you want to start your mortgage application as you’ve had an offer accepted?
- Your journey has been met with difficulties and you need some assistance?
Finding The Right Deal – Mortgage Advisor in Lincoln
It’s our job to search through thousands of mortgage deals, to find the right mortgage based on your circumstances. Whether you’re buying by yourself, with a friend/partner, or are having mortgage problems, we’re usually able to help.
Having your Agreement in Principle handy at all times is a good idea, especially if you’re ready to make an offer. We are able to help you out with this.
How We May Able to Help
We only work with your best interests at heart, without any ties to estate agents, banks or building societies. Our Mortgage Advice team will do their best to make the process as simplified & stress-less as possible, free of industry jargon.
We are also able to look at sourcing conveyancing and solicitors’ quotes for you, as well as speak with an Estate Agent about an offer you wish to make – We’re with you for the whole journey!
How Much Deposit Will I Need?
The minimum deposit required for a first-time buyer is 5%. Deposit can come from your own savings or even a gifted deposit from a friend or family member. In some cases, you can have a combination of both gift and savings.
In many cases, buying a property and taking out a mortgage can be cheaper than privately renting. If you’ve thought about buying the property you’re currently in from your landlord or housing association, it’s worth checking your eligibility for the Right-to-Buy Scheme. Speaking to your local authority should allow clarification on this.