What you need to know when you’re
buying you first home and applying for your first mortgage.
At Mortgage To Home we want to make sure this process is an exciting time not a stressful time! We will advise on the whole process for buying your first home. This includes how much deposit you will need, setting a budget with you and even finding a solicitor for you.
When you are starting out on the process of buying your first home it’s important to be realistic in what you can afford.
The first step is always to find out how much you can borrow. Most estate agents nowadays will want an agreement in principle before you can even view any potential properties. This in most cases will leave a soft foot print on your credit file, but will determine exactly how much you can borrow and how much deposit you will need.
For more information on our first time buyer mortgages in Huddersfield, give us a call on 07868 110653 or fill in our Appointment Form where you can choose between a phone call, Zoom session or a Facetime call.
Frequently asked questions.
We’ve put together a list of all the most
commonly asked questions in the mortgage
and protection industry, so you don’t have
to spend ages trying to find the answer
that you need.
For a residential mortgage you will need at least a 5% deposit. If you are looking at a buy to let mortgage the minimum required is 20% at present.
If you go direct to a bank you are only able to access their specific products and their individual criteria. A broker has access to 1000’s of products and an extensive knowledge of criteria. This can save you so much time and money.
They also know the documents needed and the timescales each lenders are working towards. Brokers are invaluable and worth every penny.
Mortgage To Home is a trading style of Maven Money Ltd which is registered with the Data Protection Act 1998 registration No. ZB495682 and is authorised and regulated by the Financial Conduct Authority under Firm Reference Number 987341 an Appointed Representative of TMG Direct Limited which is authorised and regulated by the Financial Conduct Authority under Firm Reference Number: 786245 and registered with the Data Protection Act 1998 Registration No: ZA178200.
Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.
