If this is your first house purchase then it’s all pretty daunting stuff. It's also expensive, and the bare fact is, you have to find a lot of money.
Without question the first rung on the property ladder is the hardest to get on to, with high house prices and lenders looking for lower risk investments, so it's a good idea to talk to someone about mortgages as early as possible. You aren't under any time pressure to make a decision, and being prepared means that you can move quickly once you've had an offer accepted.
We know how confusing and stressful it can be trying to take that first step and we use our 40 year experience of arranging mortgages for first time buyers to introduce you to the most suitable lender with the most favourable terms for your specific circumstance.There are lots of different mortgages on offer and we’ll help you to understand which one is best for you.
Our advice and guidance, specifically built for the first time buyer, will make you feel at ease and give you a clear understanding of the process. We will handhold you through every stage and through all the communications with the other parties you will need to work with – solicitors, valuers, surveyors and estate agents. We won’t use any jargon and we’ll make the whole process painless and easy to understand. We’ll also be on the end of the telephone at any time if you have any questions along the way.
“Buying your first property is fraught on so many levels. Unlike a pint at the pub you may know the price, but you haven’t a clue how or even when it will be delivered. That’s where Adam and James step up to the mark with bags of patient explanation, hand-holding and what feels like plain old-fashioned money magic to turn the whole experience into something any 26-year old can pull off. My kids loved the sensible voice at the end of a line, especially when they were fretting a deal might slip through their fingers. It took a huge weight off their mind. Thanks!”
Chris Maynard (on behalf of Joss & Danni)
"We would like to say a huge thank you once again to yourself and Adam for all your help and guidance, you have made this first time purchase a very clear and smooth process from day one. I'm sure joss will be in touch with you guys in the future for some further guidance to make millions so we can both retire early and buy a shack on the beach in the Pacific! "
Your advisor at Stonehill Financial will usually start by talking through your individual circumstances to give you an idea of how much you can borrow. While lenders used to work this out on strict multiples of your income, nowadays you are likely to find that a decision is based more on what you and the lender think you can afford.
Once you've had an offer accepted on a property, you need to get a formal mortgage offer sorted out quickly and this is where we can help you get ahead of the game. If you already have a mortgage promise, getting a formal offer should be much more straightforward, subject to a satisfactory valuation of the property.
Call us today and let us help you get started.