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First Time Buyer Mortgage Advice in Edgware

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7 days a week, 8am - 10pm

020 4511 4209 Speak to an Advisor - It's Free!
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First Time Buyer Mortgage Advice in Edgware

Discover your borrowing potential and move closer to securing your dream home as a first time buyer in Edgware.

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Fast & friendly mortgage advice in Edgware

As an experienced mortgage broker in Edgware, we are here to help you find the right mortgage for your individual needs. We have access to thousands of mortgage products from both high street and specialist lenders. We will take the time to review your personal and financial circumstances to ensure you get the best rate and the most suitable mortgage for you.

Book a free appointment with one of our expert mortgage advisors in Edgware. Our easy-to-use online booking system makes it quick and simple to book your appointment at a time that is convenient for you. We are open 7 days a week, meaning that you can contact us at a time that is most suitable for you! Alternatively, give our team a call and book an appointment over the phone, whatever works for you.

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First Time Buyer Mortgage Advice in Edgware

Book your free mortgage appointment online today

Our advisors will assess your financial situation to determine which mortgage product is best for you. A good credit score could open up access to better rates and a lower deposit, usually around 5%. Those with a lower credit rating may be offered lower rates and be required to pay a higher deposit, usually between 10-15%. The size of your deposit may also be impacted by the cost of the property.

With over 20 years of experience in the mortgage industry, our team of mortgage advisors in Edgware have the knowledge and expertise to help you find the right mortgage for your personal and financial situation. We offer a wide range of products from leading lenders, so you can be sure you’re getting the best deal. Unlike banks and building societies, we are able to search deals through various different lenders, including those with high street and specialist products.

If you’re ready to get started, book your free appointment today and one of our mortgage advisors in Edgware will be in touch.

Are there ways to help me get onto the property ladder in Edgware?

Are you a first time buyer in Edgware looking to get onto the property ladder? Are you finding it difficult to save for a deposit? If so, you should take advantage of the many government schemes available for first time buyers in Edgware.

We are dedicated to helping first time buyers in Edgware get the best deal on their mortgage, even when using a government scheme to enable them to purchase their first property. Our experienced team of mortgage advisors are committed to helping you find the best mortgage for your circumstances and providing you with the support you need along the way.

The government offers a range of schemes to help first time buyers purchase their first property. These include the Shared Ownership Scheme, Lifetime ISA, Mortgage Guarantee, First Homes Scheme and many more. To find out more about the available schemes, head over to OwnYourHome.gov.uk.

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Popular Mortgage FAQs in Edgware

What are the costs involved with first time buyer mortgages in Edgware?

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There are many different costs associated with buying a property, and it is important that you are aware of these costs before beginning your process. During your free mortgage appointment we can provide you with a breakdown of all the costs associated with your mortgage and how they affect your mortgage process

When taking out a mortgage as a first time buyer in Edgware, you must consider mortgage arrangement fees, property survey fees (total can change depending on property type and condition), broker fees and legal fees from estate agents and solicitors.

We can provide an estimation of these costs so that you can get an idea of how much it will cost to move into your property. Being transparent with you at all times is an important part of the mortgage process and at the heart of our core values.

Why should I use a mortgage broker as a first time buyer in Edgware?

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Our team of advisors in Edgware are experts in the mortgage market and have an in-depth understanding of the different products available. We will work with you to understand your current financial situation and your long-term goals, and use our expertise to find the most suitable first time buyer mortgage deal for you and your new home.

Most first time buyer don’t even realise that it is within their affordability to take out a mortgage and move into a new property. It is important that you get mortgage advice in Edgware to find out your affordability and how much you can borrow – it may be more than you think! We understand that taking on a mortgage for the first time can be challenging, and that’s why our advisors will be there to provide a helping hand throughout the process.

To begin your mortgage journey as a first time buyer in Edgware, get in touch with our team today and we can get the ball rolling!

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Our Simple 4-Step Process

Book Online

Step 1

We understand that getting a mortgage is a big commitment, so we will make sure you are well-informed before you take the next step. You can book your free mortgage appointment online; here you will have the chance to discuss any queries you may have and receive clear advice.

Our mortgage advisors in Edgware are dedicated to providing professional advice tailored to your needs. We want to make sure you have the best options available to you and understand the process in full.

Free Mortgage Appointment

Step 2

During your free mortgage appointment, our mortgage advisors in Edgware will evaluate your credit score, income, affordability and deposit to determine the most suitable mortgage deal for you. We have access to thousands of products, so you can be sure that we'll find the most appropriate mortgage for your needs.

We understand that the mortgage process can be daunting and that's why we are here to support you every step of the way. We are experienced brokers, with extensive knowledge of the mortgage industry, so you can rest assured that you are in the best hands.

Finding a Suitable Product

Step 3

As your mortgage broker in Edgware, we will help you find the perfect first time buyer mortgage for your new home in Edgware. We will search through 1000s of mortgage products in order to find the most suitable one for your individual circumstances.

If you are happy with the mortgage product we recommend, we will then begin preparing your mortgage application on your behalf. From this point, you will be assigned a dedicated case manager who will take care of everything.

Submit Your Application

Step 4

Once the details are finalised, we will submit your application to the mortgage lender. We will then keep in close contact with the lender to ensure that your application is dealt with promptly. As soon as we receive a response from the lender, we will get in touch with you straight away to provide you with the good news!

The next step is to get your keys and move into your new home! When the time comes to remortgage, we will be back in touch to make sure that you are still on the best rate available to you.

Reasons to Choose Us For Mortgage Advice in Edgware

Free Appointment in Edgware

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Are you a first time buyer in Edgware looking to purchase property? We are a mortgage broker in Edgware, providing assistance to first time buyers throughout their mortgage journey. We provide a free appointment with one of our knowledgeable mortgage advisors, allowing you to discuss your mortgage requirements and have any queries answered.

At your free mortgage consultation, you can review the various mortgage options available to you in Edgware. Our team will explain the process and advise you on the best mortgage route for you based on your individual and financial circumstances.

Search 1000s of products

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Our mortgage brokers in Edgware have a wealth of experience in helping first time buyers get the right mortgage. We have access to a comprehensive range of lenders, both high street and specialist, that provide a broad selection of mortgage products.

We will take the time to listen to your individual situation and explain the various mortgage options available to you. We'll guide you through the implications of different mortgage products, from interest rates to repayment terms. Our advisors will also provide advice on how much you can afford to borrow and the amount of deposit you'll need.

We are committed to finding the perfect mortgage deal for you, and we'll work with you every step of the way to make sure you get the most suitable product for your needs. Our team will keep you informed and up to date throughout the mortgage application process, making sure you understand the full implications of the mortgage product you choose.

7 Days a Week

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We know how hectic life can get, which is why our team of mortgage advisors in Edgware are available 7 days a week. We make it easy for you to select the date and time that you require, offering a range of flexible appointment slots; including evenings and weekends.

If you need help through your mortgage process in Edgware, book a free appointment with us now. We look forward to hearing from you!

Malcolm and Amy Davidson - Mortgage Advice in London

We search 1000s of first time buyer mortgages in Edgware

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Common Mortgage Questions in Edgware

How much can you borrow for a mortgage in Edgware?

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As your mortgage broker in Edgware, we can help you work out how much you are able to borrow for a mortgage. We will do this by assessing your personal and financial status to determine an accurate borrowing amount. Our mortgage advisors will provide you with an accurate and informed assessment of your borrowing power. We will look at your income, credit score, assets, and other factors to determine an appropriate loan size.

If you need a quick answer, our free mortgage calculators can help you calculate how much you can borrow, as well as the amount of stamp duty and loan repayments.

Looking for an agreement in principle ahead of your mortgage in Edgware?

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We have the expertise to help first time buyers swiftly obtain an Agreement in Principle (AIP). This document provides lenders with a snapshot of your financial standing and your capacity to secure a mortgage. It is a crucial part of the home buying process, as it shows the seller that you are prepared to move forward.

Our mortgage advisors in Edgware can typically arrange an AIP within 24 hours of your free mortgage consultation! Agreement in Principles are generally valid for 30 to 90 days; if it expires, you can easily renew it by connecting with our team.

Struggling to get accepted for a mortgage in Edgware?

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Getting accepted for a mortgage as a first time buyer can be a daunting process. As a mortgage broker in Edgware, we are here to assist and provide you with a tailored solution to meet your needs.

We understand that each bank has different lending criteria and not every applicant will qualify for every mortgage product. This is why we offer access to both high street and specialist mortgages, so you can get the best possible chance of finding a suitable product for you.

If you have been struggling to get accepted for a mortgage, this may be down to your credit score or a different problem. Let our experienced mortgage advisors in Edgware take a look at your mortgage situation and see whether we can help.

We have already helped many first time buyers in Edgware that have been struggling to get accepted via their bank. If you are looking for a mortgage broker in the area that can help you find the right mortgage product, contact us today.

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Londonmoneyman.com & Londonmoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.

UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.

Authorised and Regulated by the Financial Conduct Authority.

We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk

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