3 minutes
3 minutes
3 minutes
3 minutes
to read
to read
to read
to read
Friday 5 February 2021
Friday 5 February 2021
Friday 5 February 2021
Friday 5 February 2021
Barrett Mortgages is a trusted and professional finance broker based in Poole, Dorset. Established in 2009 by Darren Barrett during some of the most challenging market conditions, we provide clear, trustworthy, and upfront mortgage services. We were founded to offer a client-focused alternative to the high-pressure sales tactics often associated with large corporates.
With fully qualified and experienced staff selected for their dedication to customer service, we’ve built a strong reputation for honesty and reliability. Referrals from satisfied clients are at the heart of our success, and we promise a no-pressure approach to help you make the best financial decisions for your future.
First-Time Buyers: Expert Guidance for Your Property Journey
If you’re looking to purchase your first home, Barrett Mortgages is here to help. As Dorset’s mortgage experts, we guide you from the initial contact through to becoming a desirable buyer for estate agents and sellers alike.
Buying your first home is an unforgettable experience, and early planning can give you a significant advantage in securing the property you want. We provide clear, practical advice to help you organise your family finances, save for a deposit, and prepare for all aspects of the buying process.
The Importance of a Deposit
A larger deposit not only improves your chances of securing a mortgage but also offers financial advantages:
Lender Confidence: A bigger deposit reduces the lender’s exposure to risks, such as falls in house prices or periods of unemployment.
Smaller Repayments: Borrowing less means lower monthly payments, making your mortgage more affordable.
Budgeting for Moving Costs
In addition to your deposit, it’s essential to budget for the costs of moving. These may include:
Stamp Duty: Depending on the value of your property.
Solicitor’s and Surveyor’s Fees: Professional services required during the buying process.
Moving Expenses: The cost of relocating and setting up your new home.
It’s also wise to allocate funds for unforeseen expenses—things you may only discover after moving in. This financial cushion can help you handle any surprises with ease.
Help to Buy: A Path to New-Build Homeownership
The Help to Buy scheme offers an excellent opportunity to get onto the property ladder, particularly for new-build homes. With a deposit as low as 5%, the government provides an equity loan of up to 20% of the property’s purchase price. This leaves buyers needing only a 75% mortgage to complete the purchase.
This scheme is a fantastic way for first-time buyers and existing homeowners to secure their dream home with lower upfront costs.
Get in Touch
At Barrett Mortgages, we’re here to provide you with expert advice tailored to your needs. Whether you’re a first-time buyer, looking to remortgage, or exploring other mortgage options, we’ve got you covered.
Take a look at our website to explore the range of services we offer, or contact us directly for personalised advice. Let us help you make your property dreams a reality!
Barrett Mortgages is a trusted and professional finance broker based in Poole, Dorset. Established in 2009 by Darren Barrett during some of the most challenging market conditions, we provide clear, trustworthy, and upfront mortgage services. We were founded to offer a client-focused alternative to the high-pressure sales tactics often associated with large corporates.
With fully qualified and experienced staff selected for their dedication to customer service, we’ve built a strong reputation for honesty and reliability. Referrals from satisfied clients are at the heart of our success, and we promise a no-pressure approach to help you make the best financial decisions for your future.
First-Time Buyers: Expert Guidance for Your Property Journey
If you’re looking to purchase your first home, Barrett Mortgages is here to help. As Dorset’s mortgage experts, we guide you from the initial contact through to becoming a desirable buyer for estate agents and sellers alike.
Buying your first home is an unforgettable experience, and early planning can give you a significant advantage in securing the property you want. We provide clear, practical advice to help you organise your family finances, save for a deposit, and prepare for all aspects of the buying process.
The Importance of a Deposit
A larger deposit not only improves your chances of securing a mortgage but also offers financial advantages:
Lender Confidence: A bigger deposit reduces the lender’s exposure to risks, such as falls in house prices or periods of unemployment.
Smaller Repayments: Borrowing less means lower monthly payments, making your mortgage more affordable.
Budgeting for Moving Costs
In addition to your deposit, it’s essential to budget for the costs of moving. These may include:
Stamp Duty: Depending on the value of your property.
Solicitor’s and Surveyor’s Fees: Professional services required during the buying process.
Moving Expenses: The cost of relocating and setting up your new home.
It’s also wise to allocate funds for unforeseen expenses—things you may only discover after moving in. This financial cushion can help you handle any surprises with ease.
Help to Buy: A Path to New-Build Homeownership
The Help to Buy scheme offers an excellent opportunity to get onto the property ladder, particularly for new-build homes. With a deposit as low as 5%, the government provides an equity loan of up to 20% of the property’s purchase price. This leaves buyers needing only a 75% mortgage to complete the purchase.
This scheme is a fantastic way for first-time buyers and existing homeowners to secure their dream home with lower upfront costs.
Get in Touch
At Barrett Mortgages, we’re here to provide you with expert advice tailored to your needs. Whether you’re a first-time buyer, looking to remortgage, or exploring other mortgage options, we’ve got you covered.
Take a look at our website to explore the range of services we offer, or contact us directly for personalised advice. Let us help you make your property dreams a reality!
