If you are looking to purchase your first home, but are unsure of your eligibility for a mortgage, then you would benefit from speaking with a mortgage advisor in Newcastle.
When you are ready to apply for a mortgage, the lender will look at your affordability. They will assess your annual salary and any other income you have, along with your outgoings. On top of this, they will check your credit history and make sure that you are managing your finances. These factors will contribute to how much you can borrow.
Your deposit will also have an impact on the mortgages that are available to you. As a mortgage broker in Newcastle, we have extensive knowledge of lenders' various criteria. With this knowledge, we are then able to look at your income, expenditure, and credit history to recommend the most suitable mortgage.
As a first time buyer in Newcastle, taking on such a significant purchase like a mortgage can be an exciting but potentially overwhelming experience if you have little knowledge of the mortgage world. This is where we can help, our team can provide a friendly hand to help guide you through the mortgage journey, answering any questions you may have along the way.
The first thing to mention is that the home-buying process can sometimes come with its hurdles, however, our knowledgeable team strive in providing you peace of mind and take any stress away.
Our extensive experience as a friendly mortgage broker in Newcastle has provided us with the opportunity to help a plethora of first time buyers with their home buying dreams. Throughout the process, one of our expert mortgage advisors in Newcastle can provide you with support and answer any queries you may have along the way.
If you're a first time buyer in Newcastle and you're just starting the home-buying process, you might want to know the maximum amount you can borrow. Our mortgage calculators can give you an estimate of this figure. However, for a more accurate maximum loan amount, it's best to speak to one of our mortgage advisors in Newcastle.
Currently, there are various government schemes to help first time buyers onto the property ladder. Including Help to Buy Equity Loan, Lifetime ISAs, and the Right to Buy Scheme. You can find further information on these schemes by navigating to the guides section of our website.
Our mortgage advisors in Newcastle are familiar with all the current government schemes available and will be able to help answer any questions that you may have regarding these.
Once you've found your first home in Newcastle and are ready to make an offer, we recommend that you obtain a mortgage agreement in principle (AIP). Our mortgage advice team can help you with this. Having an AIP can increase your chances of having your offer accepted over other potential buyers.
Once you've secured a property, our mortgage advisors in Newcastle can jumpstart your mortgage application process. However, we recommend speaking to a mortgage broker in Newcastle beforehand to determine your mortgage eligibility and obtain an Agreement in Principle (AIP) to support your offers. Our team can typically secure an AIP within 24 hours, which will demonstrate your readiness and commitment to the lender.
If your bank has declined your mortgage application, our team may still be able to assist you. Banks can reject applications for a variety of reasons, but as an experienced mortgage broker in Newcastle, we have access to a broad range of lenders with specialised products. We will assess your situation and provide you with expert advice on the most appropriate path going forward.
Whether you're a first time buyer or looking for a different mortgage type, we can provide expert mortgage advice in Newcastle. You can book a free online mortgage appointment with one of our expert mortgage advisors today, and we'll be available 7 days a week, up until late hours, to answer any questions you may have. We're eager to hear from you!
Our Customers Love Us
5.00 Rating15 Reviews
Sikandar
Matt has been amazing. He not only found me the cheapest mortgage but also made sure that the offer is secured quickly. He remained in close contact advising me at every step of the process. He also helped me in negotiations with the vendor’s...
2 months ago
Anonymous
Helped us to find a reasonable deal but also requested a better one when the lender reduced their rates
3 months ago
Steven
Fantastic service and had our mortgage approved within a week of our first call! Chris and Jo were a pleasure to deal with and available to chat at a moment's notice, even at weekends. The process was incredibly smooth and any recommended parties...
4 months ago
Grace
Matt gave us really good advise, which helped to give us the confidence to proceed with purchasing our first home. Once we had an offer in we were quickly shown the best mortgages to apply for, life insurance/critical illness insurance, and we were...
1 year ago
Lois
Brilliant service as always. Thank you guys 🙏 🏡
1 year ago
Anonymous
Both Jason and Chole were very helpful in helping me and my partner secure a mortgage despite having trouble getting one in the past.
1 year ago
Michael
Great response and very friendly service. Very helpful.
1 year ago
Jacqueline
My experience with this company has been great and I highly recommend them. From the initial stages through to getting the offer, everyone I spoke with was informative, professional and friendly. Tom and Jonathan really helped with the initial...
2 years ago
Sunna
I have spoke to Arron today, I have received excellent customer service. He listened me carefully and answered all my questions promptly!! Good adviser.
2 years ago
Lydia
Amazing! UK moneyman were there every step of the way. Making sure I understood everything and taking the stress out of buying your first house. They were very responsive to emails, calls and gave excellent customer service. 10/10 could not fault...
2 years ago
Kevin
All staff, very efficient,communication excellent and found us a great deal on our mortgage as my credit rating wasn’t great.Thankyou very much Leo and Newcastle moneyman.
3 years ago
david
Being self employed it was hard to get a mortgage!but thanks to Newcastle money man I’ve got one !!!thanks again would definitely recommend them!👍
3 years ago
Harley
Professional service from start to finish. Very helpful with all of the questions I was throwing at them also. Would recommend 100% and we feel we for the prefect product mortgage for us. Thank you guys!
4 years ago
Darla
Great advice from start to finish. I had only dealt with a Broker via Estate Agents before so it was a little different to do everything over the phone but much better really because I was able to speak to someone late into the evening after I had...
4 years ago
Darla
we just used this mortgage brokers for a mortgage on our new house. right from the initial phone call, the service received was very swift and carried out by professional yet very caring people. they made sure that every detail was done to the...
4 years ago
It's important to discuss your financial situation with an expert mortgage advisor in Newcastle. During your free mortgage appointment, your allocated mortgage advisor will analyse your income and expenses to determine the maximum amount you can borrow as a first time buyer mortgage in Newcastle.
Contact us now to book your free mortgage consultation, and we’ll be happy to help you achieve your mortgage goals.
To help begin your journey towards homeownership, our team at Newcastlemoneyman has access to a wide range of lenders who offer various products tailored to first time buyers in Newcastle.
Following your appointment, we'll move swiftly to secure your mortgage agreement in principle, which usually takes 24 hours to process. Having an AIP demonstrates to sellers that you are in a serious position to proceed.
Once your offer on a property is accepted, your dedicated mortgage advisor in Newcastle will submit your mortgage application and add any additional documentation required by the lender.
Throughout the mortgage process, your case manager will provide updates, and we'll assist you from start to finish in obtaining the keys to your new home.
In addition to finding you the most suitable first time buyer mortgage deal, our team will help you find insurance coverage to financially protect you and your loved ones.
Having insurance coverage when obtaining a mortgage provides a financial safety net in unforeseen circumstances such as death, disability, or job loss. Insurance products that cover mortgage payments ensure that the borrower's family is not left with the burden of paying off the mortgage.
by offering flexible appointment times. Our mortgage advisors work seven days a week until late, ensuring that we have availability at a time that suits your schedule. We want to make sure that you have access to our services when you need them, whether that’s during the day, in the evenings or on the weekends.
During your free mortgage consultation, which we usually carry out over the telephone or via a video call on Microsoft Teams, we’ll take the time to understand your individual circumstances and financial situation. We’ll then search through thousands of first-time buyer mortgages to find you the most suitable deal for your needs.
We understand that finding the right mortgage is just the beginning. That’s why we’ll be with you every step of the way, right up until you get the keys to your dream home. Our dedicated case handler will keep you informed throughout the process, making sure you understand exactly what is happening and keeping the technical jargon to a minimum.
At our mortgage broker in Newcastle, we’re committed to making the home buying process as easy and stress-free as possible. We have the ability to search 1000's of mortgage products to find the right deal for you. Contact us now to book your free mortgage consultation, and we’ll be happy to help you achieve your mortgage goals.
We have a team of mortgage advisors in Newcastle who have helped many first time buyers onto the property ladder in Newcastle.
Our team of mortgage advisors in Newcastle has helped many first-time buyers achieve their dream of homeownership in the city. We understand that the process of buying your first home can be overwhelming, and we’re here to make it as stress-free as possible.
If you’re concerned that your situation is too complex, don’t worry. With over 20 years of experience offering mortgage advice in Newcastle, there is rarely a mortgage scenario that we have not come across. Our team has the expertise and knowledge to provide you with the best possible advice and guidance.
If you’re a first time buyer in Newcastle, it’s understandable that you may want to know how much you can borrow as early as possible in the home buying process. Having a rough idea of your borrowing capacity can help you set realistic expectations and narrow down your property search to homes that fit within your budget.
At our mortgage broker in Newcastle, we understand the importance of knowing your maximum borrowing capacity. That’s why we have calculators available on our website to help you get an idea of your borrowing potential. However, it’s important to keep in mind that these calculators provide only approximate figures, as they don’t take into account all of the factors that lenders will consider when assessing your mortgage application.
That’s where our mortgage advisors in Newcastle come in. Our team of experts can help you get a more accurate maximum loan amount by taking into account all of the factors that lenders will consider when assessing your mortgage application, such as your income, employment status, credit history, and other financial obligations. Our Advisors will also work with you to understand your individual circumstances and help you find a mortgage that suits your budget and lifestyle.
We understand that the home buying process can be overwhelming, especially for first time buyers in Newcastle. That’s why our team is here to provide you with the guidance and support you need to make informed decisions and achieve your goals. So if you’re a first time buyer looking to get an idea of your maximum loan amount, don’t hesitate to get in touch with our team of mortgage advisors in Newcastle today. We look forward to helping you on your journey to homeownership.
We understand that making an offer on a property can be an exciting yet nerve-wracking experience, especially for first time buyers. That’s why our mortgage advice team is here to assist you in making an informed offer and to help you get the best possible chance of having it accepted.
Our team of mortgage advisors in Newcastle can provide you with expert advice on how to make a successful offer on your dream property. We can help you determine a suitable offer based on market conditions, property location, and the condition of the property. Our team can also guide you through the negotiation process and help you make an offer if that is something that you would like us to do.
In addition, we can help you obtain a mortgage agreement in principle (AIP) before you make your offer. An AIP is a statement from a lender that indicates how much you can borrow, subject to conditions such as a property valuation and credit checks. Having an AIP in place before you make an offer can give you an advantage in a competitive market as it shows that you’re a serious buyer who has taken the necessary steps to secure financing.
Our mortgage advisors in Newcastle can help you obtain an AIP from a lender that best fits your individual needs and circumstances. Usually, we can arrange this within 24 hours of your mortgage appointment! We can guide you through the application process and provide advice on any additional documentation you may need to provide.
Once your offer has been accepted, it’s time to get the ball rolling on your full mortgage application as soon as possible. Our Mortgage Advisors in Newcastle can help you with this process, starting with a review of your financial situation and advising you on the most suitable mortgage products available to you and the property.
We always recommend speaking to a mortgage broker in Newcastle before making any offers on a property. By doing so, we can check your eligibility for a mortgage and provide you with an accurate mortgage agreement in principle (AIP) to back up any offers you make. This will give you a clearer idea of your budget and help you avoid any disappointment if your offer is not accepted.
Our mortgage advisors in Newcastle will take the time to understand your individual needs and circumstances, guiding you through the full mortgage application process from start to finish. We’ll help you complete the necessary paperwork, gather all the required documentation, and submit your application to the lender on your behalf.
Throughout the process, we’ll keep you informed and updated on the progress of your application, and our team will be on hand to answer any questions you may have. Our aim is to make the mortgage application process as smooth and stress-free as possible, so you can focus on the exciting prospect of becoming a homeowner.
So if you’re a first time buyer in Newcastle who has had an offer accepted on a property, contact our mortgage advisors in Newcastle today to start the process of your full mortgage application. We look forward to helping you turn your dream of homeownership into a reality.
If you’ve already approached your bank for a mortgage and have been declined, don’t worry – our team of mortgage advisors in Newcastle may still be able to help. There are a variety of reasons why a bank may decline a mortgage application, such as poor credit history or insufficient income. However, as a mortgage broker in Newcastle, we work with a range of lenders, some of which offer specialist products that may be more suitable for your individual circumstances.
Our mortgage advisors will take the time to understand why your mortgage application was declined and then look at alternative options for you. We’ll assess your eligibility for different types of mortgages and advise you on the most appropriate products for your needs. Our goal is to help you secure the best possible mortgage that fits your individual circumstances.
We understand that being declined for a mortgage can be disheartening, especially if you’re a first time buyer in Newcastle. However, our team is here to provide you with expert advice and guidance on the options available to you. We’ll work with you to find a solution that meets your needs and helps you achieve your dream of homeownership.
If you’re looking for first time buyer mortgage advice in Newcastle, don’t hesitate to get in touch with our team. We’re available seven days a week, and our team will be happy to answer any questions you may have. We pride ourselves on providing a friendly and professional service and look forward to speaking with you.
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Newcastlemoneyman.com & Newcastlemoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
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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Newcastlemoneyman.com & Newcastlemoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
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
