First Time Buying Simplified

At Westexe Mortgages we are very proud to have helped many happy customers who have purchased their first property in 2018 and we look forward to helping many more in 2019. We will continue to offer a first rate service, to ensure that everyone receives the best rate available, to fully understand how the process works and to offer our help from start to finish.

We do understand how daunting purchasing your first property may appear and our full focus will always be to ensure that everything is fully explained in a clear and uncomplicated way and to help from meeting you for the first time, to taking you through the application process, in dealing with your chosen lender and acquiring a successful mortgage offer.

It is not unusual to hear from prospective customers that they are very excited about buying their first property, but extremely worried about the whole process and do not understand how it works. This is why we will spend as much time as necessary to ensure that all the concerns are fully covered and explained in such a way that what at first appeared as a daunting prospect is made as simple and clear as possible.

By going direct to your bank or building society you will only receive advice and choice from one lender and talking indepently to a number of lenders will always lead to confusion as they each have different ways and processes to explain things.  Going to an independent mortgage adviser who has knowledge of the whole market, who is experienced in explaining things clearly and concisely is always going to be the best way to fully understand everything and to ensure you get the best mortgage.

There are some fantastic mortgage deals available for first time buyers, with fixed rates starting as low as 1.49% (dependent on deposit) and deposits as low as 5%. Some lenders offer cash backs to help cover the costs and of course for first time buyers purchasing up to £250,000 (£350K in London) are currently exempt from Stamp Duty, which offers another great saving. For many the Help to Buy Scheme where the government will contribute a further 20% deposit as an equity loan on a new build property can be a very attractive option. Relatives these days are more and more prepared to help with a gifted deposit which makes purchasing an even more acheivable prospect. Finally, we still see a lot of people wishing to purchase their property using the Right to Buy scheme and other government incentives like shared ownership.

If you have unfortunately been declined by a lender because you failed credit score or have a poor credit history, do not despair as there are lenders prepared to help.

Why not use the mortgage calculator on our web site, complete the details and learn how much a mortgage will cost you each month.

So please remember our advice and guidance is completely free without any obligation and we very much look forward to helping you.


Contact one of our experienced advisers 24/7 on 01392 216 344, or using our Quick Contact Form:

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Posted on January 4, 2019 by Peter Marriott, in: Staff posts

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