If you’re a first-time buyer, you may have spent the past few years saving for a deposit to help you get on the property ladder.
If so, the next step is to find out how much you can borrow so you’ll have a better idea of the type of property you can afford to buy when you start looking for your first home.
When you apply for a mortgage, the lender will assess your affordability by looking at your annual salary and any other income you receive, as well as all of your outgoings, including credit card and loan debts, household bills, childcare, travel and general living costs.
The lender will also check your credit history to see whether you’re a reliable borrower and will use this and its affordability assessment to decide how much you can borrow.
Your first step onto the property ladder is always an exciting time – but with so much to think about, it can be a little intimidating. We provide specialised advice to walk you through the process of buying your first dream home.
We provide Advice on exactly how much you can borrow, how much everything will cost, and we will help you through the entire purchasing process from start to finish. We provide mortgage advice service nationally by telephone appointments or locally to your home and office visits. We’re here to help, whenever you need us.
We have exclusive deals for First Time Buyer mortgages to help make buying your dream home a more affordable reality.