A first time buyer in Brighton will typically be looking at a minimum deposit of 5% to put down towards a property. First time buyers in Brighton who are not in a chain can utilise this as a good bargaining tool for negotiating with the seller the price of the property you are looking to purchase. If you are uncertain of your eligibility but wanting to know your options to purchase your first home. Then speaking with one of our mortgage advisor in Brighton will be very beneficial.
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Having an agreement in principle will allow you to know the maximum amount you can borrow for a mortgage and also provide you with confidence as a first time buyer in Brighton, that you are in a position to proceed with your mortgage application. As a open and honest mortgage broker in Brighton, we can search 1000's of deal and have helped many first time buyers get onto the property ladder. To see how one of our mortgage advisors in Brighton can help you with your home buying dream, book your free mortgage appointment today.
Apply NowDo I count as a first time buyer in Brighton?
As long as you have never purchased a home before, you are then classed as a first time buyer in Brighton. If you are not a first time buyer but are living with a friend or partner who qualifies as such, then you should be able to jointly purchase a property under that classification.
What do I need to buy my first home in Brighton?
First, you'll need to have saved enough for a sufficient deposit and qualify for a mortgage. Next, you'll need to hire a conveyancing solicitor to carry out the legal proceedings that come with buying a home. The good news is as a mortgage broker in Brighton, we are here to help you every step of your mortgage journey from initial inquiry to completion. Not to mention we check your eligibility, and we can search thousands of deals to find you the most suitable deal.
How much deposit do you need for a first time buyer mortgage in Brighton?
We tend to find that a high street lender will typically require you to put down a minimum of 5% of the property purchase price for your deposit. Bear in mind, putting down a larger deposit, for example anywhere between 10-25% of the purchase price, will lead you to wider and open you up to better mortgage deals.
Is it better to get a mortgage from a bank or a mortgage broker in Brighton?
The benefits of going to a mortgage broker in Brighton are our advisors can search through 1000s of deals to find the most suitable mortgage product for your circumstances. Whereas a bank is only able to supply you with their products. Back in the day, going to the bank was a more favorable choice, as the local manager knew your finances inside and out and would bear this in mind when offering mortgage products. This is no longer the case anymore and is all about finding the cheapest deal. By coming to us for expert mortgage advice in Brighton, our process can often be a much quicker saving you time and money. Here at UK Moneyman, we work alongside a large panel of mortgage lenders, allowing us to tailor your mortgage to your personal and financial situation.
Are there any schemes to help first time buyers in Brighton get onto the property ladder?
There are a handful of government schemes available as a means of helping more first time buyers in Brighton get onto the property ladder. We tend to find, that the most popular schemes that we see first time buyers in Brighton making use of, have been the Help to Buy Equity Loan Scheme, which can help give you a boost to your deposit, and & the Right to Buy Scheme which allows tenants to purchase their rental property.
We understand that first time buyers in Brighton are entitled to a busy lifestyle, which is why we work around a time that suits you.
Our free mortgage appointments have no upfront fees payable. We only ask for payment upon mortgage success in Brighton!
From our mortgage administrator to our mortgage advisor in Brighton, you'll always know who you are dealing with and be kept in the loop at all times.
Stepping into the mortgage world for the first time can be a daunting experience. Our team of mortgage advisors in Brighton will hold your hand throughout your mortgage process.
We'll recommend the most suitable insurance products, should you become seriously ill or unable to work and keep up with your repayments.
As a mortgage broker in Brighton, we can find the most suitable mortgage deal for you - saving you time and money.
There is rarely a new situation that we haven't faced in the past, your mortgage advisor in Brighton will try their best to overcome any hurdles we face along your mortgage journey.
From the first initial contact to completion, your mortgage advisors in Brighton will help you with any mortgage hurdles that you face along the way, such as property survey and valuation problems.
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4.97 Rating246 Reviews
Hasan
excellent service
Anonymous
My initial interaction with Faye from UK money man has been really personable and I felt like she understood my needs very well. I’m hoping they can help deliver what I need and I didn’t feel any pressure to have to go further with my...
Rodrigo
UK Moneyman have been super helpful and reliable. Have always been able to count on them getting back to us quickly and made us feel comfortable checking anything out we were not really sure about. They made the whole process as easy and hassle free...
Steph
The team were fantastic, in finding the product for me. Jo also walked me through what to expect when purchasing your first home I.e. time frames, and answer my many questions. Also their after care has been great, checking in on how the purchase is...
Luke
Myself and partner used UK Moneyman for our first time buyer mortgage. We’ve had round the clock care well above the norm. Multiple routes forward regarding which mortgage to go for with lots of information to help prepare us through the...
David
I cannot thank the UK Moneyman service enough. Securing a mortgage meant more than just that to me, it was – is - a life chance. However, because of my credit history, I didn’t think that it could be done. Right from the start of the...
Nathaniell
Leo and Kayleigh have been great from the first phone call that I made to them. They have both helped us each step of the way and it has been a great comfort to my wife and me that everything had been taken care of by them both. We will definitely...
Mary
Ryan and Kayleigh were incredibly helpful and always available to answer our questions whenever we needed - and we had a lot of them as we are first time buyers who didn't have a clue about any of the process to begin with! They secured our...
Danielle
UK money man where so helpful. Chloe and Joe was amazing with us. Stayed in contact with us giving advice and updates, so glad we chose UK money man! Thanks for all your help.
Anonymous
Amazing, when ne and my partner first looked into buying a house, we had no idea about how to get a mortgage or anything. Moneymen were extremely helpful all the way through and sorted everything smoothly and efficiently! Very happy, will use again...
Rebecca
We’re so glad that we decided to use UKM to help us through the process of buying our first home, they took most of the stress off our shoulders and we’re always there to answer any queries. Would definitely recommend them to anyone...
Thorsten
I found Dinah at Harrogate Moneyman to be extremely supportive. She listened carefully to our needs, proposed solutions and followed up closely. A great service - I’d recommend Harrogate Moneyman to anyone looking for mortgage options.
Shadi
Absolutely fantastic from the start of the process. Everything was explained really clearly and I feel that the advice given to me throughout was done so with my best interests at heart. Would recommend to anyone looking into getting a mortgage.
Johanan
I used UK moneyman after using many other brokers. Tom Dent and Meghan Robinson fought for my case and was able to land me the mortgage offer I needed. In such a sellers market, having a great team around you makes such a difference. I will...
Axel
Mizna has been amazing and helped us to get a better mortgage protection for a cheaper price than what we previously had. Would definitely recommend!
Nadia
excellent as always and very efficient. used them for my first-time mortgage and also my remortgage now
Christopher
Excellent service from Mizna. Went the extra mile to get me the best deal. Will definitely use again.
Carlos
Mizna Coates helped me reviewing a critical illness protection plan I have. Her advice helped me to take an informed decision. I feel her advice was honest and thorough, keeping my best interest as a priority and not just trying to sell me a...
Heza
For me, UK Moneyman is very experienced, very professional, Great advisor, very friendly and respectful. They always get you prompt response. I was so comfortable with them during the whole process. I strongly recommend them. Special thanks to all...
William
MoneyMan have been nothing but helpful with my mortgage enquiries. Quick to respond and found me an excellent rate I wouldn't have found without them. Highly reccomend.
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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 www.register.fca.org.uk
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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 www.register.fca.org.uk
