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First Time Buyer

Helping you take that first step onto the property ladder.
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Let the journey begin

Buying a house is one of the most important purchases you will ever make and buying a home for the first time can be a daunting prospect. The vast array of mortgage products available can cause confusion and uncertainty which is why we will provide guidance and support throughout. We believe that purchasing your first home should be an exciting time so we will be with you every step of the way. We’ve compiled our Top Five Tips to get you started!

Top Tips
Your home may be repossessed if you do not keep up repayments on your mortgage.
Top 5 Tips
Make sure your ID is valid before starting proceedings. Mortgage lenders will require photographic ID so ensure your passport and/or driving licence is in date. Check your addresses are up-to-date on all your active accounts. It doesn’t hurt to register on the electoral roll either. Visit the Government website to register.
Check your credit score by obtaining a credit report -* Lenders like to have an idea of your financial behaviour to ensure you can meet repayments. If possible, avoid making any other applications prior to your mortgage application as it can add a footprint to your file.

* FREE for 30 days, then £14.99 a month – cancel online anytime.

Please be aware that by clicking onto the above link you are leaving NRG Mortgages website. Please note that neither NRG Mortgages Ltd nor PRIMIS Mortgage Network are responsible for the accuracy of the information contained within the linked site accessible from this page. We have partnered with Check My File to provide you with a Credit Report.
Determine your budget. We will help you assess your expenditure but jot down all your current outgoings and consider if any can be reduced. Can you add to your deposit? Basically, the bigger the deposit, the lower the interest rate which means your monthly repayments are less.
Obtain a Decision in Principle as you begin your property search. It is confirmation from a lender that they would, in principle, lend you a certain amount of money. Extremely useful when viewing properties as you are likely to be taken more seriously by the estate agent.
Understand the jargon! As a First Time Buyer you will encounter some technical terms that are specific to the mortgage industry. Understanding these can help you navigate the mortgage maze and simplify the process for you. Let us explain the most common jargon buster terms!
Our Fees
We do not charge for our initial consultation.

Further advice will range from:
£199 - £799
The precise amount will depend on your circumstances.
Want to find out more?
Chat over the phone, drop us an email or meet face-to-face in our private meeting room.
Or, alternatively, start a WhatsApp chat with one of our experienced brokers right now.