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First Time Buyer Mortgage Advice in Doncaster

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We’ll be With you Every Step of the way!

 

Feeling a little nervous about the process of buying a home as a First Time Buyer. It’s understandable – The market has much competition, and the Estate Agents can put a lot of pressure on you.

 

Here is where we may be able to assist you. Our team of experienced advisors will work patiently and effectively alongside you, to ensure your property-owning dream come to life.

 

It’s always a good idea to have a Mortgage Agreement in Principle handy, for when you are ready to make an offer. We can help you out with this.

 

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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Mortgage Advice in Doncaster for First Time Buyers

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

 

  • Need some help in making an offer on a property you have your heart set on?
  • Looking to buy and wondering how much you might be entitled to borrow/ what your repayments could be?
  • Hit a roadblock on your journey and need some assistance?
  • Do you want to start your mortgage application, as you’ve had an offer accepted?

 

Contact us to book your free mortgage consultation.

Finding the right deal for you

We search throughout thousands of Mortgage deals, to find the right mortgage tailored to fit around your circumstances. From buying by yourself, with a friend/ partner, to having a mortgage dilemma, we’re usually able to help you out.

 

Some people come to us with a Mortgage Agreement in Principle; it’s handy for when you are ready to make an offer.

 

How we’re able to help First Time Buyers in Doncaster

We keep loyal to our customers, with no ties to Banks, Building Societies or Estate Agents. We only have your best interests at heart! Our Mortgage Advice team will try their best to make the process stress-free, keeping things clear and straight forward.

 

If you would like someone to talk to the Estate Agent on your behalf, to make an offer, we can also do that for you. We can also look at sourcing conveyancing and solicitors’ quotes for you.

 

Contact us to book your free mortgage consultation.

What our customers say

Common mortgage
questions

Your free initial mortgage consultation in Doncaster will last roughly one hour. We will then be on our way to recommending a mortgage for you, where you have no obligation for you to proceed. If you’d rather not take it and step back for a time, you have every right to do so.

Your mortgage advisor in Doncaster will carry out a Fact Find to establish your personal mortgage needs, before recommending the most suitable mortgage for your situation. A credit check will then be required in order for you to obtain an Agreement in Principle, which we are able to help with. Once you have provided the lener with all the relevant documentation, and you have had a valuation of the property completed, a formal mortgage offer can then be issued.

To avoid finding yourself disappointed when viewing and making offers on properties, we recommend you obtain an Agreement in Principle ahead of time. At the very latest, we recommend that you obtain one prior to making an offer, as this will assist your bargaining position.

An Agreement in Principle will usually last for between 30 and 90 days depending on the Lender that you are with. If your Agreement in Principle expires, you can easily have it refreshed.

You may have the option of taking out a second mortgage on your home for things like debt consolidation or any potential Home Improvements. It may also be possible to take out a mortgage on a second property to use on yourself, for a family member, a holiday home or even a Buy to Let.

The minimum deposit a lender will require when purchasing a house in Doncaster is around 5%. This figure can possibly be higher if you have had previous credit problems, but entirely depends on the lender.

If you’ve had credit problems previously, you may still have a chance at getting a mortgage, but you may possibly be required to put down a higher deposit than for the property than you might have if you had with good credit. This can often be 15% of the property purchase price.

You are able to get a mortgage, once you have submitted at least one year’s accounts. The majority of Lenders use your salary plus dividend to calculate the maximum mortgage amount you can borrow, whereas others will go off your net profit.

You’ll generally be required to send three payslips if you are a standard employee to prove income and the latest 2 years’ accounts for self-employed. You will also need to produce proof of ID, proof of address and the previous 3 months’ bank statements.

The free mortgage consultation that you receive when getting in touch, will typically last up to an hour. We can help you obtain an agreement in principle within 24 hours of this consultation, with a formal mortgage offer taking on average about three weeks.

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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!

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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Doncastermoneyman.com & Doncastermoneyman 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.

© 2021 Doncastermoneyman

Doncastermoneyman, 3 Cavendish Court, South Parade, Doncaster, DN1 2DJ.

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