First time buyer mortgages in Stevenage
Your home may be repossessed if you do not keep up repayments on your mortgage.
The Financial Conduct Authority do not regulate conveyancing
Buying your first house is one of the most stressful things you will ever do but don’t worry. At Mortgage Hunters we have been helping first time buyers obtain mortgages for their first home since 2006. We are here to help and guide you every step of the way.
Mortgage Hunters will undertake the research for you and steer you to the most appropriate lender and scheme. We know which lenders favour first time buyers and provide innovative solutions to help you onto the property ownership ladder.
We also know which lenders try to help out by keeping the ancillary costs as low as possible. For example, there is no point in needlessly spending money on mortgage valuations just because you don’t know an alternative lender offers these items free or refunds them.
To complicate matters lenders no longer work on a straightforward multiple of your income, but all now have varied affordability models which take into account the term of the mortgage, existing debts, numbers of children or dependents and any background buy to let properties.
- Explain the buying process to you and help you understand how to avoid the pitfalls.
- Explore your finances and calculate how much you could borrow and what it will cost.
- Save you the time and inconvenience of discussing your specific needs with multiple lenders.
- Explain why we have chosen a particular scheme
- Arrange an agreement in principle for you to prove your mortgageability
- Put everything in writing to you in a suitability letter.
- Explain other costs such as solicitors and stamp duty to make sure you have sufficient funds to complete your purchase.
- Show you how you can protect your home and family .
We can also help you with guidance on help to buy schemes and shared ownership.
Whether you are buying or selling your home, an investment property or re-mortgaging to another lender, you are going to need a solicitor or conveyancer to deal with the legal work and ensure that everything is above board.
The solicitor/conveyancer is there to make sure you are obtaining a good title to the property and that any leasehold, existing charges or easements over the property are investigated and reported back to you.
Mortgage Hunters works with a licenced solicitor firm and can provide you with a fixed price quote. You will have access to a confidential on-line system available 24/7 which will allow you to log in and see how the legal work is progressing. As we have worked with this firm for a number of years, we can liaise with them to assist in making sure the process runs smoothly. You may find our solicitor could save you money.
Looking for a mortgage? Call 01438 359300 for a FREE, no-obligation initial consultation today!
Arrange a FREE initial mortgage consultation
Talk to one of our mortgage advisers today with no obligation. We can help you to find you the most appropriate mortgage rate available – our mortgage advisers can find a mortgage rate that suits you from the whole of the market.
We will find the most suitable mortgage and insurances tailor made just for you.
Mortgagehunters Limited T/A Mortgage Hunters Financial Services is an Appointed Representative of Connect IFA Limited 441505 which is Authorised and Regulated by the Financial Conduct Authority and is entered on the Financial Services Register (https://register.fca.org.uk/s/) under reference 776832.
There will be a fee for mortgage advice, the precise amount will depend upon your circumstances. Your Consultant will confirm the amount before you choose to proceed but we estimate it to be £899 or up to 2% of the mortgage amount.
Not all services we offer are regulated by the FCA
Commission disclosure: We are a credit broker and not a lender. We have access to an extensive range of lenders. Once we have assessed your needs, we will recommend a lender(s) that provides suitable products to meet your personal circumstances and requirements, though you are not obliged to take our advice or recommendation.
Whichever lender we introduce you to, we will typically receive commission from them after completion of the transaction. The amount of commission we receive will normally be a fixed percentage of the amount you borrow from the lender.
Commission paid to us may vary in amount depending on the lender and product. The lenders we work with pay commission at different rates. However, the amount of commission that we receive from a lender does not have an effect on the amount that you pay to that lender under your credit agreement.
For sales of non-investment insurance products such as life and critical illness insurance, we are remunerated by commission from the insurance provider. Commission will normally be based on a percentage of your premium for a set period of time.