First time buyer mortgages, for those who are buying their first home.
The definition of a first-time buyer is a person buying a property who has never owned one before.
The prospect of buying your first home can be both daunting and confusing. Our aim is to guide you through the process from start to finish so that you understand exactly what the purchase entails and how much it will cost.
The mortgage market changes all the time, not just in terms of mortgage deals and regulation, but also how lenders assess loan applications.
Some of the changes have been in the way mortgage lenders assess the suitability of all clients for the types of loan on offer. They base this decision on a variety of factors, primarily:
We hold your hand through the entire process, from the initial appointment where we help you discuss your goals, all the way through to completion and getting the keys to your new home. This is our job, but you won’t have done this before so we understand you may have a lot of questions. This is why we stress that you can ask as many as you want, as often as you want, even if you think the question is silly!
We understand how important a decision getting the right mortgage is. But it’s not just about taking out a mortgage, it’s about getting the keys to your new home, and we’re with you every step of the way.
We understand that buying your first home can be a daunting prospect. We aim to make it an enjoyable experience with our expert first-time buyer mortgage advice. Let us give you the helping hand you need when taking your first steps onto the property ladder. Wherever you are on the home buying journey, let us help you all the way along.
For residential properties, your deposit will need to be a minimum of 5% of the property value you are buying. For buy to lets, the usual amount is 25%.
It’s not just about the interest rate. We search the market from a huge range of lenders and take into account things like fees and cashback when making a recommendation that is tailored to your circumstances.
If you want to run over some figures, see what options are available for you, or want to ask a few general questions, just enquire about a time below.
Register your account with Blue Stone, once approved, you can access your client portal.
Here you will be able to upload any and all documents that your broker requests and it will be received instantly on our end. With end-to-end encryption, this will save us both time and energy – letting us focus on the important things.
If you want to run over some figures, see what options are available for you, or want to ask a few general questions, just enquire about a time below.
Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
Blue Stone Financial Services Ltd is registered with the Data Protection Act 1998 registration No: ZB515720 and is authorised and regulated by the Financial Conduct Authority under Firm Reference Number 1005177 and is an Appointed Representative of TMG Direct Limited which is authorised and regulated by the Financial Conduct Authority under Firm Reference Number: 786245 and registered with the Data Protection Act 1998 Registration No: ZA178200.
Blue Stone Financial is a trading name of Blue Stone Financial Services Ltd and is registered in England and Wales, Company Registration No: 14656410 Registered Office Address – Office 5 – Unit D, Bridgers Farm, Nursling Street, Nursling, Southampton, SO16 0YA
The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK. https://register.fca.org.uk/s/
