It's Free to Speak to an Advisor, 7 days, 8am - 10pm
It's Free to Speak to an Advisor, 7 days, 8am - 10pm
We know that buying a house is a major financial commitment and comprehending the mortgage process can be intimidating. That’s why we offer a speedy and friendly mortgage advice service to help you stay relaxed and get the best deal available.
From the initial research stage to when you have signed the contract and obtained the keys, we’ll be along for the ride. We’ll keep you informed about the progress and make sure you have all the details needed to make the best choice for your personal and fiscal circumstances.
The amount of deposit you need to put down can depend on a variety of factors, such as your credit score and the size of your desired monthly payments. Generally, those with a good credit score can put down around 5%. However, if your credit score is lower, you may have to put down as much as 10-15%.
Plus, you may wish to put down a larger deposit to reduce your monthly payments. The less you borrow, the less you have to pay back. It’s also important to keep in mind that the amount of deposit you need can be affected by the value of the property you’re looking to buy. This means that if you need a bigger mortgage for a more expensive property, you may have to put down a larger deposit.
The mortgage market can be complex and intimidating for first time buyers in Luton, so that’s why using a mortgage broker in Luton can prove invaluable.
We can provide you with advice on the different schemes that are available, such as the Help to Buy Shared Ownership Scheme, the Mortgage Guarantee Scheme, and the First Home Scheme. Our experienced mortgage broker in Luton can help you understand the criteria for each and help you to choose the best one for your individual needs.
We understand that purchasing a property is a big financial undertaking; when you are looking at the cost of buying a home, you should also consider the fees associated with the mortgage, such as conveyancing and legal fees, property surveys, and any broker or arrangement fees.
During your free mortgage appointment in Luton, your mortgage advisor in Luton will be able to provide you with an outline of any additional expenses. Additionally, you may need to think about stamp duty and various insurance policies to protect your home, possessions, and financial security.
We are here to help you throughout the entire mortgage application process, from working out how much you can borrow to managing the paperwork. Our mortgage advisors in Luton will provide you with the support you need and a clear breakdown of any additional costs.
Are you a first-time buyer in Luton seeking the ideal mortgage? Our team of brokers can help you locate the perfect fit for your financial needs.
Fixed-Rate Mortgage Deals
One of the most preferred choices for first-time buyers is a fixed-rate mortgage, which provides you with the comfort of knowing that your rate of interest will remain constant for a certain period of time, protecting you from any possible rate hikes.
Tracker Mortgage Products
Tracker mortgages are also available. With this form, your interest rate follows Bank of England base rate movements, increasing if the rate goes up and falling if it decreases.
Discounted Variable Rates
Alternatively, you may opt for a discounted variable rate, which offers an economically friendly option – however, any changes to your lender’s Standard Variable Rate (SVR) will also affect your rate.
Offset Mortgages
Offset mortgages provide a great way of reducing interest payments. They come with an interest-free, flexible savings account that offsets your mortgage balance. The more savings you have, the less interest you’ll pay on your mortgage.
Find the Perfect Mortgage for You
If you’re uncertain which type of mortgage is best for you, our mortgage advisors in Luton are here to help. Make a free appointment today to go over your options and find the perfect mortgage for you.
Our Customers Love Us
5.00 Rating15 Reviews
Anonymous
Charlie helped guide me through the process and answered all my questions. Would highly recommend London money man to everyone!
7 months ago
Anonymous
Ryan at London Moneyman made moving home with my mortgage easier. Thank you, 5 stars service.
7 months ago
Laura
I was nervous buying my first home but londonmoneyman were fab! Thank you for helping me 🙏
7 months ago
Jaycee
A+ service. communication was brilliant, helped me find a mortgage. Will definitely be back!
7 months ago
Tamra
Great company. Great service. Recommend 100%
7 months ago
Otto
thank you chloe for help with my mortgage iwill be back next time.
7 months ago
Tabby
Excellent service very helpful with my mortgage 😀
7 months ago
Seb
Very useful and efficient service. Thank you london money man!
7 months ago
Josie
Dinah and the team at London money man were super helpful with a remortgage on our family home. They got us through the process quickly and found me a much better deal than we were on. Thank you again, we'll be back in touch for our next...
7 months ago
Jeb
Great service from Kayleigh & Leo! Made it easy and stress free, thank you both for finding me a suitable product. I would not have got through this without their help.
7 months ago
Derek
Helped me and my partner on our remortgage. Molly was friendly and polite on the phoen and helped us throughout the process. Would reccomend 👍
7 months ago
Marina
Leoand Kayleigh were great during my process. He made everything stressfree for me as a first time buyer. Would definitely recommend to others going through the same process as it helped a lot. Thank you..Marina
7 months ago
James
Thank you Londonmoneyman. From my free mortgage appointment to completion I was kept in the loop. Jason was great and would definitely recommend.
7 months ago
Ruby
Tom and Louise were so helpful throughout the whole process. As First Time Buyers we were almost scared to start looking for a home but the team at Londonmoneyman put us at ease and now we have a lovely new home. Thanks for everything!
7 months ago
John
Amazing service from start to finish. Charlie, Megan and the application team were very helpful throughout, to help with any queries, and kept me up to date with the process at every stage. Couldn't recommend them enough!
2 years ago
As a first time buyer in Luton, seeking professional advice from a mortgage broker is a wise decision. With our help, you can find the right mortgage to suit your individual circumstances.
Get in touch today to arrange a free consultation and take the first step towards finding the right mortgage for you.
We will assess your financial situation, understand your needs, and find the right mortgage from one of our wide range of lenders.
We can provide you with an agreement in principle within 24 hours of your free initial consultation. This could be a great help when making any offers on property in Luton.
We carry out a mortgage search to ensure that you get the most suitable mortgage product in Luton for your needs. We will take the time to understand your financial situation and look through the thousands of mortgage products available to us.
We are dedicated to finding the best mortgage deal for you and will provide tailored advice to ensure that you get the most suitable product.
Once you have chosen the product that is right for you, we will begin to prepare the mortgage application. We will be on-hand to guide you through the entire process and answer any questions you may have.
When everything is ready, we will submit your application to the lender. Your own personal case manager will stay in contact with you throughout the entire process, providing updates on the progress of your application.
Our mortgage advisors in Luton will be with you every step of the way, from the initial free advice appointment to the completion of your mortgage application.
To get started, simply book your free initial advice appointment online. Our mortgage advisors in Luton will be more than happy to answer any questions you may have.
Our experienced advisors are here to make sure you get the right mortgage for your individual needs and circumstances. We have a panel of lenders so that we can provide you with the best option.
Our advisors take the time to get to know you and understand your needs, so that you can be sure that you get the mortgage that best suits you and your budget.
We provide a 7 day-a-week service, including bank holidays and weekends, so you can book your free mortgage appointment with us at a time that suits your busy schedule. Even if you can't make it during normal working hours, we can still provide you with the advice you need.
Getting first time buyer mortgage advice in Luton has never been easier!
During your free mortgage appointment in Luton, we will provide a better understanding of the amount you’re able to borrow. We will do this by calculating your overall affordability for a mortgage, factoring in your deposit, credit score, income and outgoings.
If you’re after a quick indication of the figure, our website has free mortgage calculators available.
When you’re a first time buyer in Luton, it’s essential to have an Agreement in Principle (AIP) in place before you start viewing properties. An AIP will show the seller that you are a serious buyer and gives you the confidence to act fast and secure your dream home.
As a responsive mortgage broker in Luton, we can help you to obtain an AIP quickly and easily. Our experienced mortgage advisors in Luton will assess your individual circumstances and provide you with the best possible mortgage deal to suit your needs. This can save you time and money in the long run.
Are you a first time buyer in Luton looking to secure a competitive mortgage? Our mortgage advisors in Luton are here to help. We’ll take the time to understand your individual circumstances and search through hundreds of products to find the best mortgage that suits your needs and budget.
Our experienced mortgage advisors in Luton are able to offer a wide range of first time buyer mortgage solutions, from high street to specialist products. Whether you’re looking for a fixed rate, tracker or variable mortgage, our team can help you find the best deal available.
Read our 15 Reviews
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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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
Speak to an Advisor – It’s Free!
7 Days a Week, 8am – 10pm
