First Time Buyer Mortgage Adviser

Buying your first property will be one of the biggest decisions you will make!

Putting your first foot on the property ladder can be exciting as well as stressful, we at Ayton Law know the difficulties First Time Buyer can go through to achieve a mortgage loan.

We help our clients through the Mortgage Advice maze from the application stage to completion, right up to receiving the keys.

First Time Buyers usually need a minimum deposit of 5% of the property price, although if a bigger deposit is achievable there is a possibility of more choices available from lenders.

If a deposit is a problem then some lenders will allow Vendors gifted deposits, they may also consider a Guarantor mortgage with the financial backing coming from a Parent or Grandparent. Guarantor Mortgages will require independent legal advice.

Alternatively a client may wish to proceed with one of the Government backed schemes that are available,

• Shared Ownership Mortgage Scheme
• Shared Equity Mortgage Scheme
• Help to Buy Mortgage Scheme
• Forces Help to Buy Mortgage Scheme

We offer full Mortgage Advice and recommendation on all these schemes.

Our mortgage sourcing system is updated daily and keeps us informed of the up to the minute rates that are available, whether it be Fixed, Discounted, or Tracker rates, also which lender has the most competitive set up fees, arrangement charges We will always find a client the best rate and deal that is best suited to their needs and requirements.

Our sourcing system can calculate the overall cost over the term. We offer a comprehensive range of mortgage products from across the market. We offer both first and second charge mortgages, but not deals that you can only obtain by going direct to a lender.

We take the client through the full Buying process from the application stage, affordability calculation, Credit file searches, Decision in Principle, Valuation up to receiving the  mortgage offer.

We make a promise that we will endeavour to make the house buying experience as easy and stress free as we possibly can, we believe this is the reason clients not only come back to us but recommend us to family, colleagues and friends.

Call Barry Fox or Chris Johnson on 01642659500 or email ken@ayton-law.co.uk barry@ayton-law.co.uk or chris@ayton-law.co.uk.

WE ADVISE AND ARRANGE MORTGAGES FOR FIRST TIME BUYERS THROUGHOUT TEESSIDE: MIDDLESBROUGH, ACKLAM, MARTON, NUNTHORPE, STOCKTON ON TEES, SALTBURN -BY-THE-SEA; HARTLEPOOL and if you are looking for a mortgage we cover, MIDDLESBROUGH, STOCKTON ON TEES, HARTLEPOOL, REDCAR, SALTBURN, and Whitby; NORTH YORKSHIRE: YORK, RICHMOND, CATTERICK, and RIPON; LEEDS AND HARROGATE, we cover TYNE & WEAR: NEWCASTLE UPON TYNE, SUNDERLAND, county DURHAM, AND GATESHEAD, we will give you advice from the whole of market with mortgages in your home, your place of work, and at our office.

A MORTGAGE IS A LOAN SECURED AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT