First Time Buyers

First time buyers are exactly as the title states, purchases of property for the first time.  First time buyers are therefore entering into the biggest purchase that they will probably ever make and it is quite a daunting step for those who have not been through the house purchase process before.  Your Mortgage makes great efforts to see all its first time buyer clients on a face to face basis in order to explain the following in detail:

  • The role played by the estate agent (if appropriate) in the sale of the property
  • The role of the solicitors in the conveyancing of the property
  • The source of any deposits or builder deposits
  • Involving parents and ensuring that parents are satisfied with the advice and recommendations to be made (where appropriate)
  • The role of guarantors (if required)
  • The full mortgage process giving advice and making a recommendation as to the most suitable mortgage for the clients needs
  • Seeking out specialist mortgage products, particularly designed for first time buyers.  This can include specialist products for graduates and young professionals
  • Explaining the whole house purchase process
  • Helping our clients through the whole process up to them completing their mortgage and receiving the keys to their first property

First time buyers often do not have any other related products as they have never needed them previously and therefore Your Mortgage can help by giving advice on such areas as mortgage protection, income protection, accident, sickness and unemployment cover and buildings and contents insurance where the clients have a need for advice in these areas