Supporting First Time Buyers

Buying a house is exciting but buying your first home is that little bit extra special. The journey to your first home can seem a little overwhelming, but don’t worry – we’ve helped hundreds* of first-time buyers through the process, so you’re in safe hands. When you’re ready to start searching for your first home, we’d love to help.

There are some really important things to consider when looking to find your dream home: 

Where do you want to live? 
What type of property do you want to live in? A flat, apartment, house, detached, terraced and so forth. 

Freehold or leasehold? 
Freehold means you own the property and the land the property stands on. Leasehold means you own the property but only for a certain amount of time. Ownership of the property then goes back to the landlord at the end of the lease. 

Your deposit? 
Typically you may need to raise at least 5% of the value of the property to get a mortgage with lenders. That means if you were buying a £200,000 home you’d need to raise at least £10,000 before applying for a mortgage.

How much can you afford to borrow? 
Lenders need to know much more about you than just your salary before making a decision on how much they’re willing to lend by way of a mortgage. The lender will look closely at your financial history and existing commitments before making a decision. This is done for every mortgage application. 

Before you do anything else in your search for a home, speak to one of our Mortgage Consultants. We’ll take a look at your finances and advise you on your mortgage options.







Thoughts from our Mortgage Services Director
Chris Rowson
 
“We have seen an increase in customers registering with our branches at the start of 2020****, as well as more people bringing their property to the market. This is great if you are a first time buyer as your choice has just increased! On top of this all our Mortgage Consultants are trained estate agents, so not only can they help you with your mortgage needs, they can also help you find the right property. With our ready2move service we can help you understand what you can borrow and then become your personal Rightmove assistant! If you are wondering what your next steps should be, I would highly recommend booking an appointment to see one our Mortgage Consultants today. You can contact your local branch or complete our enquiry form."


Introducing our mortgage service 
What can we do for you?                                                                       
1. search thousands of mortgage deals from our panel of selected lenders allowing us  to recommend the right mortgage for you based on your needs and circumstances**

2. confirm how much you may be able to borrow and secure the most appropriate mortgage for you**

3. aim to save you money on the property you choose to buy by negotiating with the vendor. This only applies when the property is for sale with another estate agent and we do not act for the vendor 

4. explain the house buying process and all the costs involved

5. take care of all your mortgage and protection arrangements regardless of whether you buy a property through us or not**


Additional reasons to choose us:

   Exclusive mortgage deals available

  Our Group submitted 18,407 First Time Buyer mortgage applications in 2019***

  Lifetime membership available

Errors:

Book a mortgage appointment


*Connells Group Applications – Sharman Quinney – January 2019 – December 2019
**Subject to status and lender criteria
***Connells Group number of First Time Buyer Mortgage Applications January 2019 – December 2019
****Number of customers registered with Sharman Quinney January 2020 vs January 2019

A BROKER FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU RE-MORTGAGE.

Sharman Quinney Holdings Limited is registered in England and Wales under company number 4174227, Registered Office is Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN.  VAT Registration Number is 500 2481 05. 
For activities relating to regulated mortgages and non-investment insurance contracts, Sharman Quinney Holdings Limited is an appointed representative of Connells Limited which is authorised and regulated by the Financial Conduct Authority.  Connells Limited’s Financial Services Register number is 302221.