First Time Buyers

This depends on your circumstances and will be discussed by you and our team when you visit us. Online calculators may be able to give you a rough guideline, but we’d always recommend talking to an expert if you want accurate, up-to-date advice.

The UK Government offers some discounts for first-time buyers on certain properties, and there are support schemes in place when saving for a deposit that can help first-time buyers. Talking to one of our experts will allow you to understand what help is out there and how you can make your preparations to buy most effectively.

Getting on the property ladder can help your long-term financial circumstances. You’re creating a nest egg that will always be there – unlike renting a house, you’re investing in a home.

Your credit score is a 3-digit number that is scored out of 999, and it is based on your financial behaviour over the last 6 years.

It is possible to pay off your mortgage early before your initial introductory rate comes to an end however you may incur some early repayment charges which can make doing this expensive and often more money than it is worth.

Whenever you’re ready.

It’s a big financial commitment, but with the right support, it may just be the best decision you make for your future financial situation. Talk to us to find the perfect time to get on the ladder.

It depends on the price of the new home, your payment schedule and whether you’re buying the whole property or part buy part rent. The minimum usually recommended is 10% of the property sale price, but some lenders will offer 5% mortgages too.

A repayment mortgage is when your monthly payment is going towards not only paying the interest but also the capital, and therefore at the end of the mortgage term, assuming you have made all of your payments, you will have paid off your mortgage.

With an interest-only mortgage, you are only making payments towards the interest. Therefore, your loan remains the same until the end of the mortgage term, and you would need to repay the original amount you borrowed by either selling the property or finding another source to repay the loan.

You need buildings insurance on your property to take out a mortgage. You usually arrange this during the conveyancing part of the mortgage process to ensure it is in place and ready for the exchange of contracts.