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Wednesday 24 February 2021
Wednesday 24 February 2021
Wednesday 24 February 2021
Wednesday 24 February 2021
Are you looking for advice on moving out and buying your first home? At Barrett Mortgages, we have the perfect team to help you prepare for your first purchase and secure the best mortgage possible. Getting onto the property ladder is a milestone for many, but it can feel overwhelming with so much conflicting advice out there. Let us assist you every step of the way, from determining how much you can borrow to obtaining an agreement in principle, making you a qualified and desirable buyer.
Preparing to Buy Your First Home
Buying your first home is an unforgettable experience, but preparation is key to making the process smoother. Planning ahead not only helps you secure the home you want but also ensures your finances are in order.
Build Your Deposit
A larger deposit is your greatest asset when applying for a mortgage. Lenders view a big deposit as added security, reducing their risk and increasing your chances of approval. A bigger deposit also means smaller monthly repayments, as you'll need to borrow less overall.
Budgeting for Additional Costs
Home buying comes with more than just the cost of the property. It's vital to budget for additional expenses, including:
Stamp Duty: Depending on the value of your property, you may be liable for this tax.
Solicitors and Surveyor Fees: Professional services essential to the buying process.
Moving Costs: These vary based on location and the size of your move.
Unexpected Expenses: Set aside funds for unforeseen repairs or upgrades you may discover after moving in.
While not strictly part of buying a home, you’ll also need to budget for furnishing and equipping your new space. Household items often become necessary as you settle in, so it's helpful to have some financial flexibility.
Why Choose Barrett Mortgages?
Barrett Mortgages is a professional finance broker specialising in a variety of mortgage options, including first-time buyer mortgages and self-employed mortgages. Established in 2009 by Darren Barrett, our company was built during one of the toughest market conditions. We’ve thrived by offering clear, honest, and personalised advice without the high-pressure sales tactics often seen in larger corporations.
Our Promise to You
Qualified and Experienced Staff: Our team is chosen for their expertise and commitment to customer satisfaction.
No Hard Sales: We focus on building trust and providing tailored advice.
Reputation for Excellence: Our business thrives on referrals from satisfied clients.
Ready to Take the First Step?
If you’re ready to start your journey to homeownership or want more information on first-time buyer advice, contact us today. Let Barrett Mortgages guide you through the process and help you achieve your goal of owning your own home.
Are you looking for advice on moving out and buying your first home? At Barrett Mortgages, we have the perfect team to help you prepare for your first purchase and secure the best mortgage possible. Getting onto the property ladder is a milestone for many, but it can feel overwhelming with so much conflicting advice out there. Let us assist you every step of the way, from determining how much you can borrow to obtaining an agreement in principle, making you a qualified and desirable buyer.
Preparing to Buy Your First Home
Buying your first home is an unforgettable experience, but preparation is key to making the process smoother. Planning ahead not only helps you secure the home you want but also ensures your finances are in order.
Build Your Deposit
A larger deposit is your greatest asset when applying for a mortgage. Lenders view a big deposit as added security, reducing their risk and increasing your chances of approval. A bigger deposit also means smaller monthly repayments, as you'll need to borrow less overall.
Budgeting for Additional Costs
Home buying comes with more than just the cost of the property. It's vital to budget for additional expenses, including:
Stamp Duty: Depending on the value of your property, you may be liable for this tax.
Solicitors and Surveyor Fees: Professional services essential to the buying process.
Moving Costs: These vary based on location and the size of your move.
Unexpected Expenses: Set aside funds for unforeseen repairs or upgrades you may discover after moving in.
While not strictly part of buying a home, you’ll also need to budget for furnishing and equipping your new space. Household items often become necessary as you settle in, so it's helpful to have some financial flexibility.
Why Choose Barrett Mortgages?
Barrett Mortgages is a professional finance broker specialising in a variety of mortgage options, including first-time buyer mortgages and self-employed mortgages. Established in 2009 by Darren Barrett, our company was built during one of the toughest market conditions. We’ve thrived by offering clear, honest, and personalised advice without the high-pressure sales tactics often seen in larger corporations.
Our Promise to You
Qualified and Experienced Staff: Our team is chosen for their expertise and commitment to customer satisfaction.
No Hard Sales: We focus on building trust and providing tailored advice.
Reputation for Excellence: Our business thrives on referrals from satisfied clients.
Ready to Take the First Step?
If you’re ready to start your journey to homeownership or want more information on first-time buyer advice, contact us today. Let Barrett Mortgages guide you through the process and help you achieve your goal of owning your own home.
