Advice For First Time Buyers In Redditch
“As a first time buyer, I was scared by horror stories over how stressful buying a house is. Buying the house itself was not stressful – thanks to Kate and her team” – Kiri, TMAG Client. April 2021
The Best Mortgages For First Time Buyers.
We’re Here To Help & Advise.
At The Mortgage Advice Group in Redditch, we understand that buying your first home is a daunting experience. Our mortgage advisors in Redditch work hard to make the process as straightforward as possible, helping first time buyers find the most suitable deal.
As your mortgage advisor in Redditch, we will guide you through all the facts, figures and decisions from start to finish, offering comprehensive first time buyer mortgage advice in the UK. There are costs that you need to take into consideration such as solicitors, surveys and mortgage arrangement fees. The first step will be to talk you through all of the costs and how and when you will need to pay them.
We will be able to help and give you first time mortgage advice in the following areas:
Agreement In Principle
Providing an agreement in principle to an estate agent to verify your financial position is a key part in the offering and negotiating process. Your mortgage advisor in Redditch will make sure you are a step ahead of other buyers and will ensure you have an agreement in place after our first meeting at no cost.
Costs Involved In Buying
It’s not just your mortgage you need to think about when buying a property. As part of our Worcestershire mortgage services, we will talk you through any additional costs that may arise during the buying process and will go through a costings 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 the best mortgages for first time buyers for you to ensure you are getting the most suitable deal.
Help To Buy & Shared Ownership
The government has several schemes to help you get on the property ladder. We can talk you through all options including other affordable housing schemes such as shared ownership. We have vast experience in dealing with help to buy applications and affordable housing schemes.
Budget Planner
When you apply, lenders work out how much you can borrow based on figures such as your earnings, outgoings, the value of the property you want to buy and your deposit. Lenders will also check your credit history. As part of our Worcestershire mortgage services, we will complete a monthly budget planner with you, to ensure that the mortgage, protection and household expenses 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.