First Time Buyer Mortgage Process

First Time Buyer Mortgage Process

As a first time buyer it can be a daunting experience and you may not know where to even start. Do you view houses first? Do you get your mortgage first? How much can you borrow? Will you need a solicitor? How much will your monthly payments be? What are all the costs involved? How much deposit do you need?

Just some of the questions that may have come into your head if you’re thinking of buying your first home.

We can help answer all of these questions and put your mind at rest, see our useful advice process below.

1. GET IN TOUCH

   Briefly explain what your plans are, where you’re up to in the process and book your free mortgage appointment.

2. MORTGAGE APPOINTMENT

   We can guide you through the buying process. Explain all the costs involved and give you an accurate figure on how much you can borrow.
   

3. AIP

   (Agreement In Principle)

   We will get your mortgage agreed for you so you can be confident you have a mortgage in place, ready for when you find a property. An estate agent will want to see this before you can offer.

4. FIND A PROPERTY

   This is the exciting part. Go and find a property! Once you have an offer accepted on a property, let us know and we will book you in again to finalise everything for you.
   

   Remember to check Rightmove & Zoopla

5. SIGN UP

   We will make our final mortgage and insurance recommendations. Make sure you’re happy, finalise the application, instruct a solicitor and property valuer.
   

6. PAPERWORK

   We liaise with your mortgage lender, solicitor and estate agent to make sure everything runs smoothly right through to completion (when you get your keys!)
   

A very brief summary of the steps to secure your first home.

We are here to guide you through the process through every stage. Whether you plan to buy now or in 12 months time the first step is to get in touch with your mortgage broker.

📱0151 459 9826
📧info@almortgagesolutions.co.uk

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

MORTGAGE BROKER LIVERPOOL, MORTGAGE BROKER PRESCOT, FIRST TIME BUYER MORTGAGE, AGREEMENT IN PRINCIPLE