First Time Buyers
Purchasing your first home will probably feel like a frightening, intimidating and exciting time and will most likely be the most significant financial commitment you’ve ever made.
With so much to think about the process will feel very daunting. We are experts at arranging mortgages for first time buyers and will be able to explain the process from start to finishing including advising and recommending the most appropriate mortgage and handling all the mortgage paperwork.
There are lots of different government initiatives for first time buyers.
For example…
The “Help to Buy equity loan scheme” allows you to borrow a portion of your mortgage directly from the government. With “shared ownership scheme” your mortgage covers only a portion of the property you purchase. You will have to pay rent for the other part of the property.
We have assisted many clients with a “joint mortgage sole proprietor” mortgage. This is not a government backed scheme. In this scenario a parent or close relative for example would be noted on the mortgage but not noted on the property title deeds.
Please do get in touch for more details of how we may be able to assist.