The Help to Buy Scheme is always a popular option for first time buyers in need of help getting onto the property ladder. With the help of a trusted mortgage advisor in Nottingham, you will hopefully be able to experience a stress-free mortgage process, overcoming any hurdles in your way.
Your dedicated mortgage advisor in Nottingham will always be on hand, to provide support and guidance throughout your journey. We always aim to give you a much deeper understanding of how a Help to Buy in Nottingham will work. Our team will always have your best interests at heart.
As a part of our personalised service, we will help you to figure out if you qualify for a Help to Buy in Nottingham, (see the government OwnYourHome site for more info). A Help to Buy in Nottingham can only be accessed by first time buyers.
You must not own any other property, meaning if you already own a home, you are prohibited from buying a second home with this scheme. You are also not allowed to take part in any part-exchange and sub-letting deals.
As an expert Mortgage Broker in Nottingham, we are here to provide mortgage advice to those looking to use a Help to Buy in Nottingham, no matter which scheme. To learn more about the various schemes available, or to get started with your own Help to Buy in Nottingham, book your free mortgage appointment and we’ll see how we can help.
Our team of honest and open mortgage advisors in Nottingham will always recommend the deal they believe is best for you. They will work hard to make sure that you are happy, stress-free, always kept well informed and are secure throughout your Help to Buy in Nottingham.
A Help to Buy in Nottingham helps first time buyers to buy a new-build home with only a 5% deposit. Generally speaking, Help to Buy Shared Ownership deposits are lower than traditional buying.
Book your free mortgage appointment with a mortgage advisor in Nottingham to get started with your Help to Buy in Nottingham.
Before we take a look at helping you to obtain a Help to Buy in Nottingham, we need to see if you qualify for any of the available Help to Buy Schemes.
You must be a first time buyer, purchasing a new-build property. You cannot already own a home and cannot take part in sub-letting or part-exchange. The maximum property price that this scheme can be used on, depends entirely on the area you are looking to purchase a home with.
To learn more about the various schemes available and how they can help you as a first time buyer in Nottingham, get in touch with one of our expert Help to Buy mortgage advisors in Nottingham, or visit the government OwnYourHome website.
As a trusted and experienced mortgage broker in Nottingham with well over 20 years of providing mortgage advice in Nottingham and surrounding areas, we have become rather accustomed to helping first time buyers get onto the property ladder using a Help to Buy in Nottingham.
A dedicated mortgage advisor in Nottingham will be on hand to answer all of your mortgage questions. If your potential home meets the criteria for a Help to Buy in Nottingham, we can also look through the paperwork with you, even being able to liaise with the home builder or an estate agent if you need help with that.
We are also able to provide advice regarding surveyors or solicitors, pointing you in the right direction and explaining what you need to do. During your initial free mortgage appointment, your dedicated mortgage advisor in Nottingham will explain all of the figures to you, outlining the possible monthly costs for you once you have obtained a mortgage.
As providers of a fast and friendly mortgage advice service, we are here to guide and support you across every step of your mortgage process. Book your free mortgage appointment online today and we will see how we are able to help you.
4.95 Rating284 Reviews
Christopher
Charlie has been the ideal advisor in the months we've worked together. Knowledgeable, honest, personable and consistently happy to help. He and his team have made my experience as a first-time buyer a LOT less confusing!
Anna
Would and will be recommending this company. They (Conner) provided an extremely professional and efficient service in switching over our mortgage to a better interest rate. Always very contactable which quite frankly is something in this day and...
Alexander
Great service. Best value. We spoke to 3 brokers. Money man had the best deals so went with them. Service was fantastic. The mortgage we wanted was being pulled on the day so Paula went out of her way to ensure they had everything to send our...
Jan
first time I’ve used U.K. money man and I would like to say big thank you to Chris and Stacey who were helping us with our mortgage and made whole process smooth and easy for us from beginning to the end.Thank you 🙏
Jonathan
Very helpful and informative. Kept us in the loop and followed up with emails. Thank you!
Baljinder
Conor was excellent and efficient through the process and always helpful. Would highly recommend Moneyman.
Rosalind
Paula and Dan worked on our remortgage and we cannot recommend them highly enough. Dan initially handled the case and was very thorough, efficient and found us a great deal. We needed to remortgage around the time of Kwarteng’s mini budget so it...
Amy
Daniel was my mortgage advisor and he was excellent, friendly, efficient and honest in what was available to me in the current climate. Will continue to use Nottingham Moneyman for my remortgages.
Molly
Really happy with the care and support we received throughout our mortgage application! Communication was easy & response time was fast - thank you!
Emily
Leo and Jo were really great in getting us a mortgage. We’re both first time buyers and really didn’t understand the process, Leo made it very easy. He answered my calls every time without fail and held my hand through the process. Jo was...
Saira
Matt Collinson and Lyndsey Smith have been exemplary. The entire service has been exceptional. Matt is unbelievably helpful and knowledgeable. The team communicate efficiently and regularly. They are patient with queries and concerns. Hugely...
Anne
We are really pleased with the advice and support we received from Matt Collinson at UK moneyman. From start to finish he was very friendly, honest, knowledgeable and very contactable throughout. When faced with a bit of a turbulent market he...
Shaun
Understood the issues, and explained the various options making it easy to decide. All done promptly too. Perfect.
Akbar
Excellent, helpful and friendly service. I have recommended to various others already.
Shawn
Excellent service helped me from start to finish with buying my property with great advice and communication throughout thanks Malcom and the team
Anonymous
Very helpful throughout the process of securing a mortgage. Happy to talk through different options and offered explanations when requested
Jacqueline
Matt Collinson and Chloe dealt with our mortgage application. Excellent service. Working late and weekends when time is of the essence.
Andrew
Fantastic service by Charlie and Lyndsey, very knowledgable and professional and helped my wife and I secure a great mortgage deal. We will definitely be using their services again in the future and I would highly recommend!
Grace
Dinah Harros and Anna Braithwaite were outstanding! No question was too silly, really informative and easy to get a hold of - thank you both so much for helping us get life insurance and a mortage for our first home.
Sean
Brilliant service, Ryan and Lyndsey have been fantastic and couldn’t do enough for us and always in touch. Finally we have our dream home! Thank you so much Lauren & Sean x
A Help to Buy mortgage in Nottingham typically requires a minimum deposit of 5%.
Our dedicated mortgage advisors in Nottingham will provide you with a free mortgage appointment that typically lasts around 30 mins.
During this appointment, we will gather information about your financial and personal situation.
Based on the information obtained during the consultation, your mortgage advisor in Nottingham will then search for the ideal mortgage deal tailored to your specific needs.
If you are satisfied with the mortgage offer presented by your mortgage advisor in Nottingham, the next step is to proceed with your mortgage application.
Our mortgage process is composed of several stages. Firstly, we will ask you to complete our Fact Find to provide us with a clear understanding of your mortgage needs and goals.
Next, you will have a free appointment with a mortgage advisor in Nottingham, who will begin searching for mortgage options that are tailored to your individual circumstances. If we find a suitable offer that meets your requirements, we can proceed with your mortgage application.
To obtain an agreement in principle, we will conduct a credit check on you and gather supporting documents to validate your mortgage application.
Once we have submitted your mortgage application, we will wait for a formal mortgage offer to be issued.
We highly recommend obtaining an agreement in principle before you start viewing properties if you’re planning to apply for a mortgage.
This is because an agreement in principle is usually required to make an offer on a property, and it can also help you negotiate prices.
As a mortgage broker in Nottingham, we can help you to obtain an agreement in principle from a mortgage lender, which demonstrates their willingness to grant you a mortgage based on your financial circumstances.
With an agreement in principle in place, you can have a better idea of what properties you can afford and approach the buying process with more confidence.
The validity period of an agreement in principle (AIP) typically ranges from 30 to 90 days, but this may vary depending on the specific mortgage lender.
In case your AIP expires before you find a suitable property, you can easily renew it by contacting your mortgage advisor in Nottingham or the mortgage lender.
As a mortgage broker in Nottingham, we often see customers seeking a second mortgage for various reasons. Some of the most common reasons include:
– Consolidating debt.
– Making home improvements.
– Investing in a buy to let property.
– Other reasons, such as purchasing a holiday home or helping a family member with a mortgage.
Obtaining a mortgage may be a bit more challenging if you have a history of bad credit, but it’s not impossible!
In such cases, some mortgage lenders may require a slightly larger deposit from you, typically around 10-15%.
Whilst this is the case, there may still be many options available to you, and as an experienced mortgage broker in Nottingham, we can help you find a mortgage lender that is willing to work with your situation.
Submitting at least one year’s worth of accounts increases your chances of getting approved for a mortgage.
The mortgage lenders we work with typically consider your salary plus dividend to determine the maximum mortgage amount.
Some lenders may base their calculations on your net profit. The criteria varies from lender to lender.
– Photo ID (Driving license, Passport, etc.).
– Proof of Address (Utility bills, tax bills, credit card statements, etc.).
– Latest 3 months’ payslips & Latest P60 (employed applicants)
– Latest 2 years’ tax calculations and corresponding overviews (self-employed applicants)
– 3 months’ bank statement proving the deposit being built-up with an explanation for any large credits.
Typically, your free mortgage appointment in Nottingham will take approximately 30 mins.
After the appointment, we can provide you with an agreement in principle, usually within 24 hours. Once you have decided to proceed, the next step is to submit your mortgage application.
On average, it takes about three weeks to receive a formal offer from the mortgage lender.
Give us a call and a Mortgage Advisor in Nottingham will recommend the best Help to Buy scheme based on personal circumstances.
Enjoy finding your dream home in Nottingham
Make an offer on the property and once accepted, we will progress your mortgage application.
We will be here to answer all of your mortgage questions right through till you get 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.
