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First Time Buyer Mortgage Advice in York

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The very concept of buying your first home can be quite daunting but you don’t need to worry because we make it so as it’s an enjoyable process. Your Mortgage Broker in York is here for your journey as a First-Time Buyer in York.

 

At our Mortgage Broker in York, we love our customers and aim to make the whole experience as simple and stress-free as possible, especially when they’ve never done it before. The last thing you need is to feel anxious about the whole ordeal, our Mortgage Advisors in York work alongside you, being friendly and reducing worry throughout the mortgage process.

 

How does it work?Get a quote nowMeet your advisor

We search 1000s of mortgage deals across a large number of lenders, including:

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As an expert Mortgage Broker in York, we have helped many First Time Buyers in York onto the property ladder, and there is rarely a situation that our Mortgage Advisors in York have not come across before. Below are some popular First Time Buyer in York scenarios:

 

  • Curious of how much you can afford or what costs will be.
  • Wanting to make an offer on a dream home, but need assistance in doing this.
  • The purchase offer has been accepted and you’re in need of a mortgage application.
  • Ready for a Mortgage Agreement in Principle.
  • Bank won’t budge and you’re wondering what else you can do.

 

Contact us to book your free mortgage consultation.

Why choose us for to provide you with First Time Buyer Mortgage Advice in York?

Our brilliant team of Mortgage Advisors in York are available every day of the week from 8 AM until 10 PM. If you can’t do those times then some of our Mortgage Advisors in York may even be able to work later to help you achieve your dream.

 

Are you concerned about your situation? We’re able to search through thousands of deals with lenders, so chances are there’s something out there for you – Don’t worry, we’ve got your back on this journey!

 

Our Mortgage Broker in York and our whole team are always here for you whenever you need us, with no ties to banks, estate agents or building societies. Everything we do is in your best interests. Our Mortgage Advisors in York and admin staff will keep up their communication with you, avoiding jargon to make it as simple as possible for you so that you are certain of what’s going on with your first time purchase.

 

The last thing we want you to be as a First-Time Buyer in York is to be stressed out, so our team are always on hand to reassure you if things get overwhelming or uncertain.

What our customers say

Common mortgage
questions

As your Mortgage Broker in York, we carry out a Fact Find to establish your personal needs before we recommend the most suitable mortgage for you. A credit check is then required for an Agreement in Principle. Once you have provided all the relevant documentation and a valuation of the property has been undertaken, a formal mortgage offer can be issued.

Your initial appointment will usually take around an hour or so. We can usually turn round an agreement in principle within 24 hours of you getting in touch. On average, a formal mortgage offer takes about three weeks.

To avoid possible disappointment, we recommend you obtain an Agreement in Principle before you begin viewing properties in York. At the very latest you should obtain one prior to making an offer to assist your bargaining position.

Your free mortgage consultation in York will last round about one hour. We will then recommend a mortgage for you with no obligation for you to proceed and you can decide whether or not you wish to proceed with the mortgage.

It may be possible to get a second mortgage on your home for things like debt consolidation or Home Improvements. It may also be possible to take out a mortgage on a second property if you’re wanting to use it for yourself, a family member, a holiday home or a Buy to Let in York.

The minimum deposit when purchasing a house in York with High Street Lenders is typically 5%. This can be higher if you have had previous credit problems.

An Agreement in Principle in York typically lasts for between 30 and 90 days depending on the Lender used. If your Agreement in Principle expires it can always be refreshed.

If you have had credit problems you can still get a mortgage in York but you may possibly be required to put down a higher deposit than usual, perhaps 15% of the property purchase price.

Once you have submitted at least one year’s accounts, you are able to get a mortgage. Most Lenders use your salary plus dividend to calculate the maximum mortgage, whereas others are known to go off your net profit.

It’s usually three payslips for an employee to prove income and the latest 2 years’ accounts for self-employed in York. You will also need to produce proof of ID, address and 3 months’ bank statements.

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We make it so easy!
Our 4 step process

Step 1

A telephone test call where we can take some initial details and find out about your plan of action.

Step 2

Enjoy finding a property in York!

Step 3

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Step 4

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

A telephone call where we can take some initial details and find out about your plan of action.

Enjoy finding a property!

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

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Yorkmoneyman.com & Yorkmoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.

© 2020 Yorkmoneyman

Yorkmoneyman, York Hub, Popeshead Court Offices, Peter Lane, York, YO1 8SU.

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