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First Time Buyer Mortgage Advice in Halifax

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We’ll be With you Every Step of the way!

Are you a First Time buyer looking to get on to the property ladder? Are you buying your first home on your own, with a partner or friend? We offer First Time Buyer Mortgage Advice in Halifax.

 

We understand the daunting process of buying a property, especially when it’s your first! Having a professional on your side will be reassuring, we do more than just arrange your mortgage for you. If required, we can put your offer forward to the estate agent on your behalf, help with survey types and we can provide a competitive conveyancing quote with all as part of the service. We are here and ready to help you through every step of the way. We are able to recommend all mortgage types including fixed-rate mortgages, variable, tracker in order to find you the most suitable mortgage for your individual needs.

 

In some cases problems can arise long after your offer has been accepted, these times can be tricky and very stressful. We are able to use our knowledge, experience and contacts to help resolve these issues and make the process as smooth and stress-free as possible.

 

Finding The Right Deal | Mortgage Advisor in Halifax

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 Much Deposit Will I Need?

The minimum deposit required for a First Time Buyer is a 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.

 

Are You Currently Renting?

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.

 

 

How does it work?Get a quote nowMeet your advisor

We search 1000s of mortgage deals across a large number of lenders, including:

Mortgage Lenders 007

First Time Buyer Mortgage Advice in Halifax

  • Curious about 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?

 

Contact us your Mortgage Broker in Halifax to book your free mortgage consultation.

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!

 

Contact us to book your free mortgage consultation.

What our customers say

Common mortgage
questions

Our free consultation will most likely last around an hour. A dedicated mortgage advisor in Halifax can turn round an agreement in principle within 24 hours of this consultation, with a formal mortgage offer taking about three weeks on average.

A dedicated mortgage advisor in Halifax will carry out a Fact Find to work out what your personal needs are prior to recommending the most suitable mortgage for you. In order to get an Agreement in Principle, you’ll be required to have a credit check. Once you have provided all the relevant documentation and a valuation of the property has been undertaken, you can be formally issued a mortgage offer.

Your free mortgage consultation in Halifax with an advisor will last for roughly around one hour. Once this has been undertaken, they will then recommend a mortgage for you. You’re under no obligation to accept this and have the freedom to walk away still, should you feel that’s the better option.

To avoid being disappointed down the line, we suggest that you obtain an Agreement in Principle prior to property viewings in Halifax. You should obtain one no later than the point before you start making an offer in order to assist your bargaining position.

An Agreement in Principle will most likely last between 30 and 90 days depending on who you take one out with. If your Agreement in Principle expires, come back to us and we’ll get this refreshed for you.

If you are looking at some future financial planning or home renovation like debt consolidation or Home Improvements, you may be eligible for a second mortgage. It can be possible to take out a mortgage on a second property for your own use, for a family member, for a holiday home or even for a Buy to Let.

The minimum deposit required for a home buyer purchasing a house in Halifax with a High Street Lender is generally 5%. If you have had credit problems in the past, this may be higher.

If you have had a recent history of credit problems a mortgage may still be within reach, though you may possibly be required to put down a higher deposit than usual. We find that this figure is commonly around 15% of the property purchase price.

Once you have submitted at least one year’s accounts to the mortgage lender, you are eligible to get a mortgage. Most Lenders will use a calculation of your salary plus your dividend to determine the maximum mortgage amount you can take out, whereas others may go off your net profit.

It will typically be the last three payslips for employees to prove their income to the lender and the latest 2 years’ accounts if you’re a Self-Employed applicant. You will also need to provide your mortgage lender with some proof of ID, address and 3 months’ bank statements.

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We make it so easy!
Our 4 step process

Step 1

A telephone test call where we can take some initial details and find out about your plan of action.

Step 2

Enjoy finding a property!

Step 3

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Step 4

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

A telephone call where we can take some initial details and find out about your plan of action.

Enjoy finding a property!

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

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Halifaxmoneyman.com & Halifaxmoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.
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