How do I get a mortgage as a first-time buyer?
Buying a property can be a daunting process, especially when you don’t know how long it will take.
Our step-by-step guide explains the route to getting the keys to your new home, and gives a rough idea of the timeframes involved.
Bear in mind, each property transaction is different and your journey to owning a home may take less, or more time, than outlined here.
Our Mortgage Process
Speak with our seasoned mortgage advisor in Derby to gain valuable insights into your financial standing.
During your free appointment, our dedicated advisor will meticulously evaluate your income and expenses. This assessment empowers us to ascertain the maximum loan amount accessible to you as a first-time buyer in Derby.
Take the first step towards homeownership today!
Contact us to schedule your complimentary mortgage appointment. Our team is eager to guide you towards fulfilling your mortgage goals."
FREE 30-minute mortgage consultation.
Explore hundreds of mortgage deals tailored for first-time buyers in Derby
Our team at First Choice use our extensive network of lenders to find you the right products tailored specifically for your circumstances.
After your consultation, we swiftly secure your mortgage agreement in principle, often within 24 hours.
An agreement in principle shows sellers and agents that you are genuinely committed to moving forward and that in principle the loan is affordable.
Submitting your application
Upon approval of your property offer, your assigned mortgage advisor in Derby takes charge of submitting your mortgage application.
They also coordinate any supplementary documentation needed by the lender.
Rest assured, our dedicated case manager keeps you informed every step of the way. With our unwavering support, you'll soon be holding the keys to your new home.
Protecting you & your family
Beyond securing the perfect mortgage deal for first-time buyers in Derby, our team goes the extra mile by helping you obtain vital insurance protection.
Insurance coverage during the mortgage process serves as a crucial safety net in the face of unforeseen events like death, disability, or job loss.
By opting for insurance products that cover mortgage payments, you ensure that your family won't bear the burden of repaying the mortgage in challenging times.
Contact
5 Glenwood Road
Chellaston
Derby
DE73 6UB
01332 498 992 or 07807 468 875
Lucia@yourfirstchoice.co.uk