Mortgage Advice for First Time Buyers
Having over 20 years of working experience in the mortgage industry to our name, our hard-working team of Mortgage Advisors in Derby have dealt with many first time buyers in Derby and have given them the boost they need to get onto the property ladder.
It’s rare to find a situation that we haven’t come across before in the past. We have highlighted the most popular questions that we regularly hear from customers who has got in touch with our team:
How much can I borrow?
A Mortgage Advisor in Derby can provide a rough estimate on how much you can borrow as well as your monthly costs which can be helpful if you are first time buyer in Derby wanting to know the amount you need to put aside as well as the amount you can borrow.
Ready to Make an Offer
When you have seen a property you are interested in it’s now time to look into getting an Agreement in Principle which is also known as a Decision in Principle, Mortgage in Principle, DIP or AIP.
With an Agreement in Principle by your side shows that you have passed the lenders initial credit check.
Furthermore, having this document with you can demonstrate the seller that you’re in a big serious position to progress if they accept your offer, giving you a boost in front of other buyers.
Normally, our hard working mortgage advice team can get an Agreement in Principle within 24 hours of your initial appointment.
You’ve Had an Offer Accepted
Firstly, you need to get in touch with your dedicated Mortgage Broker in Derby to inform them. From this, we will then proceed with your mortgage application and deal with all the paperwork on your behalf.
Don’t worry about any hurdles that could potentially arise, your experienced advisor would have encountered something similar in the past and can help with overcoming this obstacle.
Declined by your Bank or Building Society
We do come across customers who are First Time Buyers in Derby who have approached the bank and have unfortunately been turned away for a variety of different reasons.
If you come across any issues during your process, our team of specialist advisors in Derby will work hard to find a solution.
Get in touch to book yourself in for a free mortgage consultation with a more tailored service.
Why choose us to help you buy your first home in Derby?
We love helping first time buyers as a caring Mortgage Broker in Derby. Your dedicated Mortgage Advisor in Derby will be by your side throughout the process from your initial call all the way to obtaining the keys to your new home.
They will be there to answer any questions you may have about your mortgage keeping the technical jargon to a minimum.
The benefit of approaching a Mortgage Broker in Derby compared to a high street bank is that we have access to thousands of mortgage products, finding you the one that is appropriate for your circumstances.
We are here seven days a week to relieve any stress and solve any hurdles we encounter along the way. It’s rewarding when we find a property that you like and obtain the keys!
Check out our genuine customer review, as they show how our dedication and hard work has helped many customers on their mortgage journey. The service we provide and your satisfaction with our service means a lot to us.