First time buyer

 First time buyer let us guide you onto the ladder

Being a first time buyer may make you feel nervous! Buying a house is one of the most important purchases you will ever make .

At ALT Financial Solutions we know that buying a home for the first time can be a daunting and confusing  process with so many questions needing to be answered. Therefore we will guide you each step of your journey and provide you with straightforward advice.

First time buyers are, by definition, generally at the bottom of the ladder.

Typically first time buyers require :

  • Very high loan to value (LTV)-  as they do not have large deposits.
  • Extra monies for home improvements.
  • Higher income multipliers as first time buyers are usually at the early stages in their careers
  • More mortgage advice than second time buyers or remortgage applicants

ALT Financial Solutions strives to offer the best service to first time buyers and offers a simple guide which will be shown and discussed thoroughly at your first fee free initial consultation. At this appointment we will talk you through the financial aspects of the buying process and discuss with you what you want from your mortgage and what is affordable.

Recommending the solution 

We will source the mortgage from a range of over 50 of the UK’s best known lenders. We will also help you put into place any relevant insurances you may require.

Once we have identified the options available we will meet with you again to go through this in detail and make sure you are happy and understand. We will also write to you so you can review what we have suggested and why.

Assuming you are happy with our recommendations we will work with you to complete the application forms and liaise on your behalf with solicitors and valuers to help move the mortgage forward as quickly as possible until you get the keys to your new home!

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE