T: 01244 526888
Buying your first home is exciting, but choosing the right mortgage can feel overwhelming. The best approach is to compare multiple lenders, understand mortgage options, and use fee-free, whole-of-market advice. This ensures you get expert guidance at no cost and secure the best deal available.
Many first-time buyers go straight to their bank, assuming they’ll get the best deal. However, banks only offer their own mortgage products, limiting your options. A whole-of-market mortgage broker compares multiple lenders, increasing your chances of approval and securing better rates.
A
fee-free mortgage advisor provides expert advice
without charging you anything. They explain mortgage types, check lender requirements, and guide you through the process. This saves time, reduces stress, and ensures you don’t overpay.
A good mortgage broker handles everything, ensuring you get the best deal with minimal hassle.
This ensures you get the best mortgage with the highest approval chance.
Most lenders require a minimum 5% deposit, but a larger deposit gets you better rates. Some government schemes allow lower deposits, while a whole-of-market broker finds lenders suited to your savings.
The main types are fixed-rate, variable-rate, and tracker mortgages. A mortgage advisor explains the differences, helping you choose the best option based on your financial situation and future plans.
A mortgage advisor assesses your finances, finds suitable lenders, and submits your application. They handle paperwork, lender checks, and negotiations, ensuring the best approval chances and smoothest process.
Yes. Schemes like Shared Ownership, First Homes, and Deposit Unlock help first-time buyers get on the property ladder. A broker explains what’s available and checks which you qualify for.
Beyond the deposit, expect stamp duty (if applicable), legal fees, surveys, and moving costs. A mortgage advisor breaks down these costs so you’re fully prepared financially.
A larger deposit, stable income, and a good credit score improve approval chances. A whole-of-market mortgage broker finds lenders suited to your profile, boosting your likelihood of success.
A fixed-rate mortgage has a set interest rate for a term (e.g., five years). A variable-rate mortgage changes with market rates. A broker helps you choose what suits your budget best.
A bank offers only its own products, while a whole-of-market broker compares many lenders. This increases your options, finds better rates, and gives you independent, expert advice at no cost.
In the UK, first-time buyers pay no stamp duty on homes up to £425,000. A broker checks if you qualify and explains any tax you might need to pay.
Rushing into a mortgage, not comparing lenders, underestimating costs, and choosing the wrong mortgage type. A mortgage broker helps avoid these mistakes, ensuring a smooth, well-informed purchase.
Buying your first home is exciting, but choosing the right mortgage matters. A fee-free, whole-of-market mortgage advisor ensures you get the best deal, expert guidance, and a stress-free process—at no cost to you. Instead of being limited to one lender, you access the whole market and receive unbiased advice.
Evolution House
Lakeside Business Village
St David's Park
Deeside, Flintshire
CH5 3XP
T: 01244 526888
E: hello@chestertongrant.co.uk
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Chesterton Grant Mortgages Ltd is registered in England and Wales. Company Registration Number 04232613. Registered Address: Evolution House, Lakeside Business Village, St Davids Park, Ewloe, Flintshire CH5 3XP.
Chesterton Grant Mortgages Ltd are authorised and regulated by the Financial Conduct Authority (FCA). You can check our authorisation and permitted activities on the Financial Services Register by visiting the FCA’s website www.fca.org.uk/firms/systems-reporting/register. Our Financial Services Register number is 300796.