Mortgages For First Time Buyers In Birmingham
“Great, professional and friendly service. The staff went above and beyond to ensure I was happy. Would definitely recommend!” – Jake, TMAG Client. July 2022
Mortgages for First Time Buyers.
Our team is here to help & advise.
We understand that buying your first home is an exciting and daunting experience. Our mortgage advisors in Birmingham, UK are here to make the process as straightforward as possible. We’re here to help you as first time buyers find the most suitable deal available for your first mortgage in Birmingham.
We are dedicated to guiding you through every aspect of the home-buying process, giving you advice on how to get a mortgage so you are well-informed every step of the way. From your first appointment to the moment you receive the keys to your new home, we’ll be there to support you.
Our mortgage advisors in Birmingham, UK will discuss with you all the costs you need to factor into your budget, including surveys, solicitor fees, and mortgage arrangement charges. We will explain each of these expenses in detail, clarifying when they will need to be paid to help you plan effectively.
Our team is here to assist and support you in various areas to find the perfect mortgages for first time buyers, ensuring a smooth and successful transition to homeownership.
Agreement In Principle
A key part of the offering process is to provide the estate agent with an agreement in principle. At no cost, we will ensure that you’re ahead of other buyers and have an agreement in principle after our first meeting.
Costs Involved In Buying
When buying a property, it’s not just the mortgage you need to think about. Other costs can and will arise, but we’ll talk you through all of them and carry out a costing exercise to make sure you are prepared for every eventuality.
Comparing Mortgages
We have access to a wide range of mortgage lenders, so we will shop around for you to ensure you are getting the most suitable deal.
Birmingham Mortgage Advice knows the mortgage market well and having supported thousands of first time buyers, we can offer expert support for you to buy a first home.
Help To Buy & Shared Ownership
We’ll be able to talk you through all your options when it comes to helping you get on the property ladder. Our team is experienced in dealing with the government schemes that may help you do so.
We can help with the Help To Buy Equity Loan application, as well as other affordable housing schemes such as the purchase of a Shared Ownership propery.
Budget Planner
Lenders will work out how much you can potentially borrow based on a few factors including: your income, outgoings, the value of your property and how much deposit you have. They will also check your credit history.
As your advisor, with the help of a budget planner, we’ll ensure that your mortgage, household expenses and protection costs are going to be affordable.
Protecting Your Debt
We’re passionate about helping you secure your first home, but we’re equally passionate about making sure that the debt and your family are protected. We will ensure that you are fully protected so that you can keep your home, no matter what life throws at you.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Speak with one of our team
Our Locations
Prospect House, Church Green West, Redditch, B97 4DJ
301 Pershore Road South, Kings Norton, Birmingham, B30 3EX
The Mortgage Advice Group is a trading name of McTernan Financial Limited an Appointed Representative of Primis Mortgage Network, a trading name of Advance Mortgage Funding Limited (FRN 305008) which is authorised and regulated by the Financial Conduct Authority.
Registered Office: Prospect House, Church Green West, Redditch B97 4DJ. Registered in England and Wales. Company number: 09168296.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
The Financial Conduct Authority does not regulate all Buy to Let mortgages
We charge an arrangement fee of £395 which is payable when a full application is made to a lender. This is a Lifetime fee which is payable by new customers when their first application is made. Your adviser will agree your arrangement fee with you before commencing any chargeable work.
The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.