Mortgage Advice in Leicester for First Time Buyers
Over the years we have worked with a large number of First Time Buyers, helping them take their primary step on the property ladder, utilising our wealth of experience as a mortgage broker in Leicester to provide our customers with a personalised mortgage service.
Here at Leicestermoneyman, we have come across a wide variety of mortgage circumstances, some more regular than others. Below we have put together a list of questions and scenarios that often crop up when we speak to first time buyers in Leicester:
How much can I borrow?
If you are experiencing the process as a First Time Buyer, chances are that you probably would like to take a look at roughly how much you might be able to borrow in advance, so that you can plan ahead for a mortgage.
We have mortgage calculators located across our website that can help you come up with a general idea, though this is only a rough estimate and might not be right. Speaking to a mortgage advisor in Leicester will allow you to get a better idea as to what you may be able to borrow, as although still also an estimate, they can factor in your situation into the calculation.
Ready to Make an Offer
Another reason why you might benefit in getting in touch with a Mortgage Broker in Leicester like ourselves, is that when you reach the point of wanting to make an offer on a property, we can offer you expert support and guidance on the matter.
Our trusted team of mortgage advisors are able to help you obtain your mortgage agreement in principle (AIP), typically within 24 hours of your initial mortgage appointment, which can provide you with a more likely chance of having your offer accepted.
You’ve Had an Offer Accepted
Before you make any offers for a potential new home, it’s always recommended that you get your agreement in principle. If you’ve already had an offer accepted on a property, then the full mortgage application can get underway.
We would highly suggest speaking with a Mortgage Advisor in Leicester, as they will be able to take a look and see if you are eligible for a mortgage on that property at the amount you’re looking to borrow. They will advise on the best course of action to take during your home buying journey.
Need an Agreement in Principle (AIP)
Our team of advisors are usually able to get you a mortgage agreement in principle turned around within 24 hours of your first point of contact.
As mentioned before, it is always recommended that you have an AIP to hand before making any offers. This will show the seller of the property that you are ready to proceed with a mortgage.
I’ve been declined by your bank or building society, can I still get a mortgage?
We find that many people seek Mortgage Advice in Leicester when they have approached a bank for a mortgage but have been declined. The bank may have declined your mortgage application for a number of reasons, however, we may be able to help.
As an experienced and reputable mortgage broker in Leicester, we are able to recommend the best outcome for your personal circumstances. Furthermore, we have a vast panel of mortgage lenders to hand, with a selection of them offering customers very specialist products.
We have members of staff available all throughout the working week and even weekends, ready to answer your questions as a First Time Buyer in Leicester, subject to availability. We are excited to get started in helping you through your mortgage journey.
Get in touch and get booked in for your free mortgage appointment with a dedicated mortgage advisor in Leicester.
Why choose us to help you buy your first home in Leicester?
Our trusted and experienced Mortgage Advisors in Leicester have a lot of in-depth knowledge from helping many different first time buyers take their first step on their mortgage process over the years.
We have members of our team ready to take your calls and queries 7 days a week, from early until late. This means that no matter what your circumstances, we are able to work around your life and speak at a time that best suits you.
When you get in touch with our team, you will receive a free mortgage appointment which can either be undertaken over the telephone or through a Microsoft Teams video call.
If you think your mortgage situation is too complicated, worry not! Using our over two decades of mortgage experience, we like to think that we would be able to help. We’ve encountered a fair few situations over the course of our time in the industry, so there’s likely a situation similar to yours we’ve seen before.
Our work is exclusively for you, our loyal customer and we will work to provide you with service tailored to your situation.
We are able to take a look through 1000’s of different mortgage deals, using our expert knowledge to find you the most appropriate mortgage deal for your personal circumstances as a First Time Buyer in Leicester. Our service doesn’t just stop at finding you the right mortgage, we will be there to support you from the start, through to the end of your journey.
We will be your mortgage support network from your primary enquiry, until you get the keys to your brand new home.
Our team will always do their best to make the process as stress-free as they can, always looking to provide you peace of mind with everything going on. Every step of the way, you will be kept well informed by your dedicated case handler, who will always be there to explain what’s going on as and when something happens.
Get in touch and book your free mortgage appointment today with a mortgage advisor in Leicester.