First-Time Buyer Mortgage Advice in Durham

Mortgage Advisor in Durham

Expert Mortgage Broker | Durhammoneyman

First-Time Buyer Mortgage Advice in Durham

Welcome to Durhammoneyman’s First-Time Buyer Mortgage Advice page. First-Time Buyer Advice from your Local Expert Mortgage Broker in Durham.

Having over ten-years of valuable mortgage knowledge under our belts, we would love to help you as a First-Time buyer. All we want is for the mortgage process to go nice and smoothly so you can find your first perfect home with ease.

Why Should I Use a Mortgage Broker in Durham?

The greatest thing about a Mortgage Broker in Durham, like us, is that they will sort everything for you. At Durhammoneyman, we have a team of amazing advisors that will search through thousands of mortgage deals on your behalf. They will go above and beyond for you till they find an appropriate deal that is best suited to your situation.

Nowadays, the property market is very competitive which can leave First-Time Buyers under a lot of pressure to secure that deal that you want. This is where your Local Expert Mortgage Broker in Durham, Durhammoneyman, can step in and help you to take all of the stress off your back.

At Durhammoneyman, we will consider every mortgage situation we are approached with. Never feel like your situation is too complicated, as we have dealt with thousands of complex mortgage cases and it is more than likely that we have got over a similar hurdle before.

Speak to an Experienced Mortgage Advisor in Durham today and claim a Free Initial Mortgage Consultation. You can contact us by phone, email or through our online enquiry.

First-Time Buyer Advice – Common Mortgage Scenarios

We have worked with thousands of First-Time Buyers in Durham and we found that the same situations kept popping up. As part of our service to you, we can look at a large variety of different things:

  1. Working out your monthly budget based on your property price
  2. Producing a Mortgage Agreement in Principle so that you can support any offers you make with the Estate Agent
  3. Completing your mortgage application through to getting you a mortgage offer
  4. Explaining the different types of property surveys that are available to you
  5. Recommending a local competitively priced Solicitor with high service standards (if required)
  6. Running through your mortgage offer(s) to ensure that all your details are correct
  7. Also recommending any associated insurances with your new mortgage (if required)

How Much Deposit Will I Need?

You will usually need a minimum of 5% deposit to make a purchase. We now also find that Gifted Deposits are becoming very popular. This is because First-Time Buyers are struggling to meet a 5% deposit and need some help from a friend/family member. You can read more about gifted deposits here.

We Work For You!

As an Experienced Mortgage Advisor in Durham, we know how to make your mortgage journey just how you want it. This means that we work solely for you! Not being tied to any estate agents allows us to focus 100% of our time to you, searching through thousands of deals till we find that perfect one.

We always aim to deliver an excellent service to every customer that comes to us. Being Open & Honest and providing a Fast & Friendly service is what we do best. You can read find out about our amazing customer service in our reviews here.

Currently Renting in Durham?

People normally think the opposite but getting a mortgage can often be cheaper than renting. Remember, it is plausible to buy off your Landlord if you can negotiate a deal. It can be made even easier with an Expert Mortgage Broker in Durham, like us, who will sort everything for you if you can get a price agreed.

Are You Thinking of Buying Your Council House?

We can help you with this as we offer all of our support and guidance when you need Right to Buy Mortgage Advice in Durham. We will also help you with your purchase and be there by your side through the whole application process.

First-Time Buyer Mortgage Hurdles

Majority of the time, we have found that when our clients call us regarding a mortgage problem, it is usually to do with their bank declining them a mortgage. This could be down to multiple reasons:

  1. The type of property being purchased
  2. Your income structure and employment type i.e. self-employed
  3. Buying off or with a family member
  4. Buying undervalue
  5. Bank declined or won’t lend enough
  6. Buying off your landlord
  7. Something else?

If this is the case, then it is very important that you don’t keep trying loads of different lenders without being 100% sure of their strict lending criteria. This could possibly give a negative impact on your credit score and may lower your chances of getting a mortgage altogether.

Are you a First-Time Buyer having Mortgage Problems in Durham? Speak to an Expert Mortgage Advisor in Durham here.

Are You a First-Time Buyer in Durham?

As a Trusted Mortgage Broker in Durham with mountains of valuable experience within a local mortgage environment, we aim to deliver that same stunning service to every single customer. With the use of our in-depth knowledge within the mortgage field, we will try our absolute best to match your mortgage needs.

At the end of the day, as your Local Mortgage Broker in Durham, all we want is to find your perfect home as a First-Time Buyer with the least stress possible.

Open & Honest Mortgage Advice in Durham by Durhammoneyman, 8am – 10pm, 7 days a week

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

UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.

Durhammoneyman – Portland House, Belmont Business Park, Durham, DH1 1TW

The Financial Conduct Authority does not regulate most buy to let mortgages.

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