Burger Menu

First-Time Buyer Mortgage Advice in Manchester

Get Your Free Mortgage Consultation - 7 Days a Week

0161 7133215

We’ll be With you Every Step of the way!

If you’re buying a home as a First-Time Buyer in Manchester, the process may leave you feelings of anxiety, concern or uncertainty. It’s understandable, this is something completely new to you and even if you’ve done research, you can find that you don’t quite understand a lot of what is going on. On top of this, the market has a lot of competition and the Estate Agents can put a lot of pressure on you to do things their way.

 

It’s at this point in time where we may be able to help you out. We have on board a team of experienced mortgage advisors & administrators in Manchester who always do their best to work patiently and effectively alongside you, with a purpose of ensuring that your goals of transitioning into a First-Time Homeowner can become a reality and with as little issue as possible.

 

Our sincere and motivated team will search through thousands of mortgage deals, in order to find the right mortgage for you based on your personal circumstances. Whether you’re buying your first home completely by yourself, buying with a friend or your partner, or you have encountered some mortgage hurdles that require some attention, our dedicated mortgage advice team are usually able to help.

 

It’s always a good idea to have obtained a Mortgage Agreement in Principle handy ahead of time, as this often becomes very useful for when you are ready to make an offer. Our team are able to help you obtain this, typically getting it turned around and back to you within 24 hours.

 

Open & Honest Mortgage Advice in Manchester

Here at Manchestermoneyman, we will consider all kinds of mortgage situations. We will work hard and work smart, in order to try and get you over every hurdle to ensure you come out with an appropriate but favourable mortgage deal that is best suited to your personal mortgage circumstances.

 

We also offer all of our customers the option to have a Free Initial Mortgage Consultation. You can even visit our Contact Us page to discuss your mortgage options with one of our fast & friendly mortgage advisors in Manchester.

 

How does it work?Get a quote nowMeet your Mortgage Advisor

We search 1000s of mortgage deals across a large number of lenders, including:

Mortgage Lenders 007

Mortgage Advice in Manchester for First Time Buyers

With 20 years of mortgage and property market experience to our name, our trusted team of loyal and hardworking mortgage advisors in Manchester have helped many prospective First-Time Buyers in Manchester find their way onto the property ladder. We find that there is rarely a situation we come across that we haven’t seen at some point in the past, over our years in the mortgage industry. Below we have listed some common First-Time Buyer scenarios we hear from customers who get in touch to speak with a mortgage broker in Manchester:

 

  • Thinking of buying a home soon and wondering how much you may be able to borrow/what your repayments could be?
  • Do you want to start your mortgage application as you’ve had an offer accepted?
  • Need some help in making an offer on a property you like?
  • Facing some challenges with your journey and need some assistance from a mortgage advisor in Manchester?

 

Get in touch with us to book your free mortgage consultation with a mortgage advisor in Manchester.

Why choose us for First Time Buyer Mortgage Advice in Manchester?

As a trusted mortgage broker in Manchester, we pride ourselves on providing our customers with loyalty and a top level of customer service. This means no ties to Banks, Building Societies or Estate Agents. Here at Manchestermoneyman, we only have the best interests of all our customers at heart! Our mortgage advice team in Manchester will do their best to make the process as stress-free as we possibly can, keeping everything clear and simple, and avoiding industry jargon that would otherwise make the process a little more confusing and complicated to follow.

 

If you would like someone to have a conversation with the Estate Agent on your behalf, to make an offer, this is something that our team of mortgage advisors are also able to do for you. We are able to look at sourcing conveyancing and solicitors’ quotes for you. As a trusted and dedicated mortgage broker in Manchester, it is our job to help you through every step of the mortgage process.

 

As a First-Time Buyer, the last thing you need is to find yourself feeling stressed out, especially when everything is already complex and alien. With that in mind, our team are always on hand to reassure you when things get overwhelming.

 

Get in touch with a mortgage advisor in Manchester to book your free mortgage consultation.

What our customers say

Common mortgage
questions

Your free mortgage consultation in Manchester will last round about one hour. We will then recommend a mortgage for you with no obligation for you to proceed and you can decide whether or not you wish to proceed with the mortgage.

As your Mortgage Broker in Manchester, we carry out a Fact Find to establish your personal needs before we recommend the most suitable mortgage for you. A credit check is then required for an Agreement in Principle. Once you have provided all the relevant documentation and a valuation of the property has been undertaken, a formal mortgage offer can be issued.

To avoid possible disappointment, we recommend you obtain an Agreement in Principle before you begin viewing properties in Manchester. At the very latest you should obtain one prior to making an offer to assist your bargaining position. As your Mortgage Broker in Manchester, we can usually turn round an agreement in principle within 24 hours of your mortgage application.

An Agreement in Principle typically lasts for between 30 and 90 days depending on the lender used. If your Agreement in Principle expires it can always be refreshed.

It may be possible to get a second mortgage on your home in Manchester for things like debt consolidation or home improvements. It may also be possible to take out a mortgage on a second property if you’re wanting to use it for yourself, a family member, a holiday home or a Buy to Let.

The minimum deposit when purchasing a house in Manchester with high street lenders is typically 5%. This can be higher if you have had previous credit problems.

If you have had credit problems you can still get a mortgage but you may possibly be required to put down a higher deposit than usual, perhaps 15% of the property purchase price.

Once you have submitted at least one year’s accounts, you are able to get a mortgage in Manchester. Most lenders use your salary plus dividend to calculate the maximum mortgage, whereas others are known to go off your net profit.

It’s usually three payslips for an employee to prove income and the latest 2 years’ accounts for Self Employed. You will also need to produce proof of ID, address and 3 months’ bank statements.

Our free consultation typically lasts up to an hour or so. We can turn round an agreement in principle within 24 hours. A formal mortgage offer takes about three weeks on average.

Previous

Next

We make it so easy!
Our 4 step process

Step 1

A telephone test call where we can take some initial details and find out about your plan of action.

Step 2

Obtain an Agreement in Principle to support any future offers you wish to make. Now the fun starts, enjoy finding a property!

Step 3

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Step 4

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

A telephone call where we can take some initial details and find out about your plan of action.

Enjoy finding a property!

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

Handy quick links

Manchestermoneyman.com & Manchestermoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.

© 2021 Manchestermoneyman

Manchestermoneyman, 3 Piccadilly Place, Manchester, M1 3BN.

Moneyman Logo







Moneyman Logo




Moneyman Logo







Moneyman Logo

Book your Free Consultation

7 Days 8am - 10pm

Moneyman Logo

Moneyman Logo

Moneyman Logo

Ask Your Question





    Moneyman Logo