First-Time Buyer Mortgage Advice in Coventry

Mortgage Advisor in Coventry

Expert Mortgage Broker – Coventrymoneyman

First-Time Buyer Mortgage Advice in Coventry

Welcome to our First-Time Buyer Mortgage Advice page from your Local Expert Mortgage Broker in Coventry. We have over ten years of valuable experience within the mortgage world and we love sharing it with First-Time Buyers. We are looking forward to helping you find that perfect home!

As an Expert Mortgage Advisor in Coventry, we can help guide you through the mortgage process so that it goes as smoothly as possible. You may be moving into your new property on your own, with a partner or a friend/relative or if your situation is more complex, we would still be more than happy to help as we have most likely dealt with something similar before.

Nowadays, the property market is very competitive which can leave First-Time Buyers under a lot of pressure to secure a property with an Estate Agent. This is where we step in and do our best to help you. Your Local Mortgage Broker in Coventry will guide you through the mortgage process and take all the stress off your back.

We will consider all mortgage situations at Coventrymoneyman, trying to get over every hurdle that tries to get in our way. We want to secure you an amazing mortgage deal that is best suited to your individual situation.

Speak to an Experienced Mortgage Advisor in Coventry today and claim a Free Mortgage Consultation. You can contact us through phone, email or an online query.

First-Time Buyer Advice – Common Mortgage Scenarios

We have worked with thousands of First-Time Buyers in Coventry and we found that the same cases kept popping up. As part of our service to you, we can look at a variety of different things:

  1. Working out your monthly budget based on your property price
  2. Producing a Mortgage Agreement in Principle so that you can back up any offers you make with the Estate Agent
  3. Completing your mortgage application through to getting you a mortgage offer
  4. Explaining the different types of property surveys that are available to you
  5. Recommending a local competitively priced Solicitor with high service standards (if required)
  6. Running through your mortgage offer(s) to ensure that all your details are correct
  7. Also recommending any associated insurances with your new mortgage (if required)

How Much Deposit Will You Need?

Usually, you will need a minimum of 5% deposit for a purchase. We are finding that Gifted Deposits are becoming more and more popular. So, if you are so lucky to get one from a family member or friend, you can put this towards your first home. Find out more about Gifted Deposits here.

We Work Solely For You!

In Coventry, you will find that other Mortgage Brokers may be tied to Estate Agents, however, we are not, we work solely for you!

We aim to deliver an excellent service to every customer that come to us. Being Open & Honest and providing a Fast & Friendly service is what we do best. You can read more about our customer service and our amazing reviews here.

Currently Renting in Coventry?

People normally think the opposite but getting a mortgage can work out to be cheaper than renting. Remember, it is plausible to buy off your Landlord if you can negotiate a deal. It can be made even easier with an Expert Mortgage Broker in Coventry, like us, who will sort everything for you if you can get a price agreed.

Are You Thinking of Buying Your Council House

We can help you with this as we offer excellent support & guidance when you need Right to Buy Mortgage Advice in Coventry. We will also help you with your purchase and be there by your side through the whole application process.

First-Time Buyer Mortgage Hurdles

In the past, we have found that when our clients call us regarding a mortgage problem, it is usually to do with their bank declining them a mortgage. This could be due to multiple reasons:

  1. The type of property being purchased
  2. Your income structure and employment type i.e. self-employed
  3. Buying off or with a family member
  4. Buying undervalue
  5. Bank declined or won’t lend enough
  6. Buying off your landlord
  7. Something else?

If this happens to be the case then, it is important that you don’t keep trying loads of different lenders without being 100% sure of their strict lending criteria. This could possibly give a negative impact on your credit score and may lower your chances of getting a mortgage altogether.

Are you a First-Time Buyer having Mortgage Problems in Coventry? Speak to an Expert Mortgage Advisor in Coventry here.

Are You a First-Time Buyer in Coventry

As a Trusted Mortgage Broker in Coventry with mountains of valuable experience with a Local Mortgage Environment, we aim to deliver that stunning service with every customer. With the use of our in-depth knowledge within the mortgage world, we will try our absolute best to match your mortgage needs. At the end of the day, we want you, as First-Time Buyers in Coventry, to find your perfect home and for us to help you along the way.

Open & Honest Mortgage Advice in Coventry by Coventrymoneyman, 8am – 10pm, 7 days a week

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Convetrymoneyman.com & Coventrymoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.

UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.

Coventrymoneyman – Sherbourne House, Humber Avenue, Coventry, CV1 2AQ. Tel: 024 7688 0948

The Financial Conduct Authority does not regulate most buy to let mortgages.

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