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First Time Buyer Mortgage Advice in Essex

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7 days a week, 8am - 10pm

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First Time Buyer Mortgage Advice in Essex

Are you a first time buyer in Essex? Discover your borrowing potential and move closer to securing your dream home. Start your mortgage journey with an expert today.

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Helping first time buyers in Essex.

If you are a first time buyer in Essex beginning your mortgage journey and taking that first step on the property ladder, our friendly team can provide a helping hand to achieve your home buying goals.

We provide a caring service as we understand that the home buying process can seem a little daunting with some ups and downs. Our hardworking team strive in making the mortgage process smooth and as stress-free as possible to reassure the customer.

We have helped numerous first time buyers on their mortgage journey as a trusted mortgage broker in Essex. One of our experienced mortgage advisor in Essex can by your side throughout the entire process, available to provide any help and questions you may have.

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First Time Buyer Mortgage Advice in Essex

Can I get a first time buyer mortgage in Essex?

You might be taking that first step onto the property ladder but are wondering if you are eligible for a mortgage. Having a mortgage advisor in Essex by your side can help you in the long run as well as save you a lot of time.

When you are at the part in the process where you are prepared to make a mortgage application, your assigned advisor will match you up with a mortgage lender that fits with your circumstances.

An advisor can provide the help you need to match you with the lender’s criteria by assessing your affordability. The assessment carried out includes your dedicated Mortgage Advisor in Essex looking into your annual salary as well as any other income you bring in and look at your spending behaviour with looking at your outgoings, credit history and the overall management of your finances.

The mortgages available to you will depend on the amount of deposit you have.

What type of first time buyer mortgages can I get in Essex?

When it comes to first time buyer mortgages in Essex, there are a variety of options available to suit different preferences. One of the most popular options is a fixed-rate mortgage, which allows you to lock in your interest rate for an extended period, safeguarding you against potential interest rate increases.

Alternatively, a tracker mortgage is tied to the Bank of England’s base rate. So if it rises, so will your interest rates, and vice versa. Discounted variable rates provide a more affordable option, but keep in mind that changes in the lender’s standard variable rate can cause fluctuations in your interest rates.

There are also offset mortgages, which offers an interest-free savings account that is flexible and helps offset your mortgage balance. The more you save, the less interest you pay on your mortgage.

To learn more about these different mortgage options and determine which one best fits your needs, book a free mortgage appointment with one of our knowledgeable mortgage advisors in Essex.

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First Time Buyers in Essex FAQ's

Are there ways to help first time buyers in Essex get onto the property ladder?

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Being a mortgage broker in Essex, we have access to a large panel of lenders as well as rich knowledge of a range of criteria. As mentioned, we carry out an assessment on your general finances and get a good understanding of your circumstances. With this, we can find you the best mortgage for your financial state.

Achieving your mortgage goals as a First Time Buyer in Essex can happen with the help of various government schemes that have helped many First Time Buyers on the property ladder before. Some of these schemes include Help to Buy Equity Loan, Lifetime ISAs, and the Right to Buy Scheme. If you are wanting more information about these schemes, have a look at our guides section of our website.

Our knowledgeable Mortgage Advisors in Essex are efficient in keeping up to date with the government schemes available and can answer any questions you may have about these.

What are the costs involved with first time buyer mortgages in Essex?

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In addition to your saved deposit, there are several other expenses to keep in mind when purchasing a property, including conveyancing and solicitor fees, property surveys, broker fees, and mortgage arrangement fees. It’s also important to factor in potential stamp duty and insurance costs for home, content, and financial security.

To gain a more thorough understanding of these additional expenses, you can speak with your dedicated mortgage advisor in Essex during your free initial mortgage appointment. They can provide you with more detailed information and answer any questions you may have.

What do I need to buy my first home in Essex?

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In order to qualify for a first time buyer mortgage in Essex, you must have saved a minimum of 5% deposit or more. Additionally, you will need to hire a conveyancing solicitor to handle the legal aspects of the property purchase.

As a mortgage broker specialising in assisting first time buyers in Essex, we’re here to guide you through the process from start to finish. Our mortgage advisor in Essex will help determine your eligibility and find the most appropriate first time buyer mortgage for your unique situation.

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Our Simple Mortgage Process

Free 30-Minute Mortgage Appointment

Step 1

We highly recommend that you speak with a transparent and forthright mortgage advisor in Essex to help you achieve your goals.

In your initial consultation, our mortgage advisor in Essex will gather essential details about your finances, such as income and expenses, in order to determine the highest amount that you can borrow for a first time buyer mortgage in Essex.

We Can Search 1000s of Mortgage Deals

Step 2

At Essexmoneyman, we conduct a thorough search of thousands of first time buyer mortgage products to identify the ideal deal for your unique needs.

Our ultimate goal is to secure a mortgage agreement in principle for you within 24 hours of your free initial consultation.

This agreement can prove to be an invaluable tool as it supports any offers you wish to make when searching for properties in Essex.

Submit Your Mortgage Application

Step 3

Once your offer on a property has been accepted, your mortgage advisor in Essex will take care of submitting your complete mortgage application and sending all necessary documentation to the lender.

You will be assigned a dedicated case manager who will keep you informed at every step of the way until you receive your official mortgage offer and complete the purchase of your new property.

You can rest assured that our team will work diligently to ensure the smooth and timely progression of your application.

Protecting You and Your Mortgage

Step 4

At our company, we believe in going above and beyond for our clients. In addition to finding the perfect mortgage deal for you, we will also offer recommendations on relevant insurance to safeguard you and your loved ones.

Furthermore, we will proactively reach out to you when your mortgage is up for renewal to ensure that you are always on the best deal available.

Our commitment to providing ongoing support and guidance is designed to give you peace of mind throughout your mortgage journey.

Reasons to Choose Us

Free Mortgage Appointment

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Here at Essexmoneyman, we understand getting a mortgage can be a challenge, however, our friendly team are on hand to answer any questions you may have in the process. Providing high quality mortgage advice in Essex is what we strive for to help you achieve your mortgage goals.

Whatever your situation may be, please do get in touch with us or book your free mortgage appointment to speak to a mortgage advisor in Essex today to see how we can help. We look forward in helping you to start achieving your mortgage goals.

1000s of Deals

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Our team’s main goal with a customer is beyond finding them a mortgage. With the help of our various panel of lenders, we can search through 1000’s of first time buyer mortgage in order to find you the most appropriate deal for your situation.

As a mortgage broker in Essex, we strive to take the stress away from the home buying journey. Your assigned case handler will constantly update you on each part of the process, keeping any technical jargon to a minimum.

Our Service

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Many first time buyers in Essex have achieved their goals of getting onto property ladder with the help of our expert team of Mortgage Advisors in Essex.

You might be thinking that your situation is complex, however, we may still be able to help. With over 20 years of experience offering Mortgage Advice in Essex, we find that many of our customers are in mortgage scenarios that we have encountered on a daily basis.

7 days a Week

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Working 7 days a week until late, our mortgage advisor in Essex are available at a time that is best for you and your lifestyle. A free mortgage appointment is offered to all our new/existing customers which can be done over the telephone or via video call on Microsoft Teams.

Malcolm and Amy Davidson - Mortgage Advice in Essex

We Search 1000s of First Time Buyer Mortgages in Essex

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Common First Time Buyer Mortgage Scenarios

How much can I borrow?

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Over the years as a trusted mortgage broker in Essex, we have helped a plethora of first time buyers start their mortgage journey by providing expert mortgage advice in Essex. We find that many scenarios are ones we have encountered before, below highlights some of the most popular ones.

Ready to Make an Offer

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First time buyers in Essex usually reach out to us wanting an indication of the maximum amount they can borrow when they are just beginning the process. Our calculator page can provide with approximate figures. On the other hand, our knowledgeable mortgage advisors in Essex can provide you with a more accurate maximum loan amount.

You’ve Had an Offer Accepted

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As soon as you have found your first home in Essex and are looking to proceed on making an offer, we advise that you look into getting a mortgage agreement in principle (AIP). This is a task our hard working mortgage advice team can help you with. With a mortgage agreement in principle by your side can be an advantage with it increasing your odds of having your offer accepted against other potential buyers.

Need an Agreement in Principle (AIP)

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Again, it’s always best that you have an AIP sorted prior to making any offers. Our team can typically obtain you a mortgage agreement in principle within 24 hours. Having this in your possession can indicate to a vendor that you are in a good position to proceed and are serious.

Declined by your Bank or Building Society

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In the unfortunate case in which you have initially gone to a bank for a mortgage and have been turned down, there is still a chance we can help you. There will be a range of reasons as to why the bank decline your mortgage application.

The benefit of being a mortgage broker in Essex is that we have access to a large panel of lenders who offer specialist products. With this in mind, we can review your circumstances and find you the most appropriate path as we proceed.

Please don’t hesitate to contact us or book your free online mortgage appointment to speak to a Mortgage Advisor in Essex if you are looking for first time buyer Mortgage advice in Essex. We are here 7 days till late to answer any questions you may have.

Book your free mortgage appointment today with our open and honest mortgage broker in Essex, we look forward to speaking with you.

Mortgage Guides & Essexmoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.

UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.

Authorised and Regulated by the Financial Conduct Authority.

We are entered on the Financial Services Register No. 627742 at

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