Let us take the stress out of an already stressful situation.
Buying your first home can be both the most exciting and most stressful time of your lives. Our job is to deal with the stressful elements of the process for you while you carry on being excited about the home of your dreams, or maybe you're using your first purchase as a stepping stone on the property ladder? There are some questions that frequently come up when we start conversing with our First Time Buyers:
Here at Total Mortgage Network we pride ourselves on the quality of our advice and you can be assured that our advisors will work hard to get you to a position you want to be in. We will scour the market looking for the best rates to fit your circumstances, liase with solicitors to ensure a smooth transition of paperwork and funds, we will even speak to estate agents and do our utmost to get things moving for you as quickly as possible
But before we can do this we need you to do the following:
Have your total deposit amount available.
Know what your combined income is if you're a couple.
Know the Total outstanding debt you have.
At this point, even if you haven't found the property of your dreams you may want your mortgage advisor to start the process of obtaining you a Decision In Principle (sometimes known as a Mortgage in Principle, or Agreement in Principle) so that you have a document showing the amount you may be able to borrow from a lender.
There are many considerations when finding your perfect first home such as area, location to good schools and many other aspects, don't rush into buying the first one you see no matter how tempting it can be.
Now is the time to stop and really think about what requirements you need to meet in your new home, that first home is a special step for us all and we want it to be as perfect as possible.
* Total Mortgage Network are not affiliated with any specific source of information but would encourage you to consider a local estate agent or one of the more national property search engines.