FIRST TIME BUYER MORTGAGES

Buying your first home is an exciting time, but there’s no doubt it can also be very stressful! One way that Appletree can help is to find you a competitive deal on your mortgage. After all you don’t want to be locked into a mortgage with payments that are higher than they need to be. So it’s important that you take professional advice right from the outset.

The best way to get started is to have an initial chat with one of our friendly mortgage advisers. They will give you an idea of how much you can borrow based on your income, how much you will need for your deposit, and your approximate monthly payments. There’s no obligation and no cost unless you go ahead and arrange your mortgage through us.

Finding the most suitable mortgage for you from the hundreds of products on the market is what we do best. When we meet you we’ll explain the different options available, but in the meantime here’s a very quick guide to the types of mortgage on offer.

A booking fee of £95 is payable on application for a mortgage. A fee of between 0-2% of the loan amount may be payable on completion. Typically this will be £495.

In a nutshell

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First time buyer mortgages

Many lenders offer exclusive deals for first time buyers to help them get onto the housing ladder. The interest rate is often fixed or linked to the Base Rate for a specified period. It may be possible to borrow up to 95% of the value of the property you are buying.

Your home may be repossessed if you do not keep up repayments on your mortgage

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call now on (01253 886600)

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Tip

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Mortgages

Don't just choose you mortgage based on the headline interest rate - some lenders impose big arrangement fees which push up the overall cost.  Ask Appletree for expert advice!

Buy to let & commercial mortgages are not regulated by the Financial Services Authority. Your home may be repossessed if you do not keep up repayments on your mortgage. A booking fee of £95 is payable on application for a mortgage. A fee of between 0-2% may be payable only on completion of a loan. Typically this will be £495.