As a mortgage broker in Bournemouth, we love helping first time buyers achieve their home buying goals, this really shows in our five star customer reviews. We really do love what we do here at UK Moneyman. If you are looking to take that first step onto the property ladder, our dedicated team of mortgage advisors are ready to help and be by your side every step of the way. We are ready to answer any questions that you may have and find you the best mortgage for your circumstances. Book your free mortgage appointment online today, by clicking the below button.Book Online
As a first time buyer, we would always recommend you reach out to a mortgage broker in Bournemouth to help you ascertain your maximum loan amount and affordable monthly payments prior to viewing properties. This way you will know what type of properties are within your budget and start viewing accordingly. Your mortgage advisor will be able to assess your financial situation and help recommend the most suitable product. If you are happy with the recommendation, we will then provide you with an Agreement in Principle. This will show vendors and estate agents that you are in a position to proceed, should you put forward any offers.Book Online
If you have never purchased a property in the past, then you will be classed as a first time buyer. In some cases, if you have owned a property in the past, depending on the time elapsed since your ownership you may still be classified as a first time buyer. This also varies between lenders. If you are applying for a joint application and one party qualifies as a first time buyer, you often purchase the property under that classification.
As a mortgage broker in Bournemouth, our advisors will run through all of the costs involved with purchasing your first home. Making sure that the whole process is affordable and within your budget. You will need to have a sufficient deposit saved and be eligible for a mortgage, meeting lenders' criteria and affordability. You will also need to appoint a conveyancing solicitor to handle the legal aspect of the transaction. Lastly, you will need to look at the relevant insurances surrounding homeownership, such as building and contents insurance. As well as the various life insurances to financially support you in any unforeseen circumstances.
This is quite a popular question among first time buyers. You can get a mortgage with as little as a 5% deposit, usually, you will need a good credit score to access these deals. If you can put down more deposit such as 10%, this will usually open you up to better mortgage interest rates. If you have adverse credit and you need to look at more specialist lenders, for these deals you may need a 15% deposit or more. Your family or friends can also gift you all or a proportion of your deposit. In most cases, this is direct family, commonly referred to as ‘Bank of Mum & Dad’, this option has become more popular over recent years.
As a mortgage broker in Bournemouth, we can search through 1000s of mortgage products from various lenders to find you the best deal. Your Bank will be limited to its own range of products. As such you may have been able to access a better deal elsewhere.
There are various government schemes currently available, aimed to help first time buyers onto the property ladder. Our mortgage advisor in Bournemouth will be able to help recommend the most suitable scheme, as well as check your eligibility. You can find more about the schemes available on our Help to Buy and shared ownership pages. You can also visit the government’s ‘Own your home’ website for up to date schemes and criteria.
We provide mortgage advice 7 days a week in Bournemouth to fit busy lifestyles. We work around you.
All our customers are provided with a free mortgage appointment that has no upfront fees. You pay us upon mortgage success in Bournemouth.
As part of our mortgage advice service, we provide you with dedicated experts including a mortgage advisor in Bournemouth to keep you up to date.
We understand that the whole home buying and remortgage process can be daunting. We will be by your side every step of the way. Taking as much stress away as possible.
We'll recommend appropriate insurance products, ensuring you can stay at home in Bournemouth, should you become seriously ill or unable to work.
As a mortgage broker in Bournemouth, we can find the cheapest deal for you, saving both your time and your money.
Our experience allows us to deal with a variety of scenarios, therefore, it's very likely that your dedicated mortgage advisor in Bournemouth has already come across your situations before and knows the best solution.
When a customer contacts us for mortgage advice in Bournemouth, our team will help them overcome any mortgage hurdles like property survey and valuation problems.
Our Customers Love Us
4.97 Rating269 Reviews
Excellent communication from start to finish. Highly recommend.
Very friendly and provided all the information I needed.
Very pleased with Allen’s professionalism , he was able to answer all my questions to my satisfaction
Excellent experience all around, used for two mortgages and will use again
Absolutely brilliant both Matt & Stacey. Really clear with us what our options were. Will use again when i need to find another mortgage.
Chloe and Tom were very helpful and informative throughout and very knowledgeable we would recommend UK moneyman to any first time buyers
I can’t thank or recommend these guys enough. Highly professional, helpful and friendly from the outset - very knowledgeable and great customer service.
Great company to work with, very helpful and always prompt to answer any queries.
Great service! Quick and trustworthy!
Excellent service from both Leo and Meghan who we feel went above and beyond to help us get our first mortgage, even when faced with some very unforeseen changes! They made the whole process extremely easy and understandable. We have already...
Excellent service from the team, were very informative throughout the process even when we had to swap the house we were purchasing resulting in a new mortgage application.
Excellent service from Wayne and Stacey. Wayne took time to explain everything and reran mortgage calc a number of times as my property search went on which was much appreciated. Stacey was also extremely helpful, informative and quick to respond to...
Incredibly helpful from start to finish, gave me all the information I needed and made the whole process much easier
Megan and Wayne have been great throughout. Both really easy to work with and on top of things at every step of the process. Thanks a lot.
Excellent service by Malcolm, Paula & Meghan. We completed our purchase last week in what was supposed to be a very difficult case due to my bad credit and limited trading history as a director of LTD company. UKmoneyman dug out a lender that...
Very good service received. Wayne is very knowledgeable and helpful especially with me been a first time buyer. Also very accommodating with timings and I was able to have chats later on a night to fit my schedule. Very supportive all the way...
So far so good ! The first point of contact was lovely, made me feel at ease and very knowledgeable.
Absolutely fantastic service from the start, in helping getting a mortgage. Charlie always replied to my messages as quickly as possible and was very clear, thorough and calming through the whole process, cutting out a lot of worries had I not used...
Great help from the team, helped find exactly what we were after, and was an easy straight forward process. Being self employed it can be tricky however there were no problems with the help and advice we received.