Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice should there not be a procurement fee from the lender. The actual amount you pay will depend upon your circumstances and you will know in advance of the application.
Need help getting on the property ladder
The thought of buying your first home can be very exciting, it can also be something that you need help with. At Hagley Financial Planning Limited we have been helping clients buy their first homes since we started back in 2002.
Having an experienced adviser behind you during the home-buying process is a huge advantage. We know things that the average buyer does not. By us helping you along the process, we can make sure that you do not make some of the mistakes that other buyers have in the past.
Our experience and guidance help all first-time buyers
We pride ourselves in making the home-buying process something that’s approachable and easy to understand. All you need to do is provide us with the correct information and we will make sure that you’ve moved in and settled before you know it.
If you’re ready to buy your first home, or even if it’s something that you’re thinking about doing, get in touch and we will be happy to help you.
Other Mortgages
We cater for multiple mortgage options, covering all types of property purchases
Enquire about a Mortgage
If you’re a first-time buyer either looking for a mortgage or seeking guidance on your suitability for a home loan, please complete the enquiry form below for a no-obligation conversation.
Some frequent questions people ask when they’re looking at buying their first home
Am I ready to buy my first home?
This is a great question. Most of our clients aren’t 100% sure if they are ready yet.
Once you have a chat with us, you will know whether you’re in the right position to purchase.
As a first-time buyer do I need a deposit?
Unfortunately, we’re in an age where first-time buyers, will require a deposit.
100% mortgages are extinct unless using a guarantor or a concessionary purchase.
Generally, lenders will offer preferential rates to those with higher deposits. It could be best rates appear with 25+% deposits.
Your first mortgage would gain a huge advantage the larger the deposit. So it’s worth saving as much as you can, as soon as you can
How much could I borrow?
This would depend on how much you earn and how much of a deposit you’d have to put down.
Lenders will only allow applicants to borrow what they (the lender) think they can afford.
So the amount which can be borrowed will be restricted.
The general rule could be based on; if buying on your own to around four times your income, or if buying with someone, to about three times the combined income.
However such rules can and do vary from lender to lender and will take into account any outstanding debts and other outgoings.
Contact us if you have any questions.
Are there any schemes for first-time buyers?
Occasionally there are government schemes in place to help first-time buyers and certain key government workers obtain mortgages.
These schemes can expire once targets are met, or withdrawn as and when decided by the government.
Therefore, when we assist first-time buyers in looking for an appropriate mortgage deal, we do as a matter of course refer to such government schemes when provding advice on mortgages, to see if any apply to the applicant.
Kind words from our Mortgage Customers
Here is a short selection of customer testimonials that we’ve received as a direct result of the help and assistance provided through our mortgage advice
“Vurun sorted my remortgage out very quickly and kept me informed throughout the whole process. I would recommend him to anyone that needs help with a mortgage”
Mark
“My wife and I decided that we wanted to move to a bigger house. We contacted Hagley Financial Planning and Vurun guided us from our first conversation all the way up until it was time to move in. I wouldn’t use anyone else except for these guys”
Daniel
“I needed a remortgage and the first person that was recommended to me was Vurun Sahota. From the first contact with him, I felt comfortable that he was going to do a great job and I wasn’t wrong. Thank you Vurun”
Sarbjit
News & Articles
A short selection of news and articles from in and around the financial sector, that could impact/affect your situation, for which you might require independent financial advice on
