Taking out a mortgage is a huge financial commitment. Any first time buyer in Scunthorpe may find the mortgage process to be daunting. As an open & honest mortgage broker in Scunthorpe, it’s our job to make the process as stress-free as possible and find you the most suitable mortgage deal.
Here at Scunthorpemoneyman, our service goes beyond the mortgage, it’s all about the customer journey, how you got there and what happens next. We aim to keep the process simple and keep you in the loop at all times. Your mortgage advisor in Scunthorpe will be by your side at all times.
Depending on your credit score can determine the amount of deposit required for a mortgage. We tend to find that first time buyers in Scunthorpe who have a good credit score, will have access to better mortgage rates and can put down a 5% deposit of the purchase price.
If you are a first time buyer in Scunthorpe with a much lower credit score, you may only have access to much higher rates and be required to put down a 10-15% + higher deposit.
Your deposit amount will also be different depending on the type of property you are looking to buy. The more expensive the property, the larger the deposit needed.
If you are struggling to save for the minimum deposit that is required, you may be eligible for one of the many government help to buy schemes. These schemes were introduced as a means of helping First Time Buyers in Scunthorpe get onto the property ladder.
The schemes available currently include the Help to Buy Equity Loan, Shared Ownership, Mortgage Guarantee Scheme, the First Home Scheme, as well as a handful of others. These schemes are designed to help home buyers get onto the property ladder. To find out if you qualify for any schemes, speak to a mortgage advisor in Scunthorpe today.
If you are a first time buyer in Scunthorpe, looking for quality mortgage advice in Scunthorpe. Book your free mortgage appointment with one of our mortgage advisors in Scunthorpe. They’ll be able to help you check eligibility and apply for your mortgage.
If you are looking to buy your first property, you can access mortgage products specifically designed to meet your needs.
Lenders often offer favourable terms, and government schemes may provide additional support. As eligibility criteria can vary from applicant to applicant, it’s recommended to consult with a mortgage advisor in Scunthorpe to evaluate your unique situation.
Our team of expert mortgage advisors specialise in helping first time buyers in Scunthorpe. We take you through the entire process, starting with an assessment of your financial situation and providing comprehensive insights into the available mortgage options.
Our goal is to identify the most suitable mortgage product for your personal and financial situation, ensuring a smooth and informed experience for you.
In our effort to secure the best mortgage deal for you, we undertake a comprehensive review of your financial details and preferences.
Our team works closely with a diverse panel of mortgage lenders, thoroughly exploring various options, taking into account interest rates, terms, and any special incentives available.
Our Customers Love Us
4.83 Rating18 Reviews
Jayne
Dinah Harros was our mortgage broker and she was extremely polite, professional and diligent. She took time to really listen and understand our financial situation and recommend the perfect mortgage product for us. Dinah was easy to contact and...
9 months ago
Donna
FANTASTIC AND OUTSTANDING SERVICE!! Unfortunately the purchase of our new home was rather difficult, we had devaluations and chains falling through, so to say the least it was testing!! we had a very stressful, hard 7 months to get to the...
1 year ago
Stuart
Dealt with my mortgage arrangement and application in super quick time. Very efficient and would recommend to everyone.
2 years ago
Rebecca
Leo and Lyndsey were fantastic! No issues at all, and all very quick and efficient. Thankyou so much
2 years ago
Anonymous
She was so helpful. I felt hopeless after just having my mortgage declined by a high Street bank and she's given me some hope again.
3 years ago
Akvile
Amazing and really friendly service. Really glad I choosed this company for my remortgage. I would definitely recommend this company to everyone
3 years ago
Jonathan
I would highly recommend Scunthorpemoneyman to anybody needing the service. They have been very quick to respond to any questions and I have had to do next to nothing through the hole process they have handled everything brilliantly.
3 years ago
Samanatha
Fantastic advice and guidance throughout the full process. Malcolm and his team were extremely knowledgeable, efficient and responsive during our mortgage application. When we came across obstacles, these were dealt with quickly and advice given on...
4 years ago
Amelia
Absolutely fantastic service from all at Scunthorpe money man. The staff are so friendly and helpful, nothing is too much trouble, any questions answered. Kept up to date all the way through, I would recommend to anyone. Many thanks for all...
5 years ago
Samantha
Outstanding service from start to finish with every member of the team helpful and friendly. I could rely on them for advice and updates at all stages.
5 years ago
Thomas
Wow..... what a fantastic team they are Matt,Mel and Wendy did a fantastic job for me been messed around by other brokers in the past but from the very first phone conversation I knew they had my best interests. Fantastic communication always kept...
5 years ago
Anonymous
Thanks so much to the team. You made everything so easy and clear. I would highly recommend your services.
5 years ago
Richard
Great communication from start to finish and even after finding a mortgage deal for us Jason kept looking and found a even better one at .5% less
6 years ago
Jayne
A fabulous company to deal with who put my mind at ease and everything that they required in the manner of documentation was never a problem, Matt, Leanne and Wendy kept in constant contact with me and gave me a 5 star service, in actual fact it was...
6 years ago
Kenneth
I can’t thank Matt and Mizna enough for all there help and hard work! Nearly time to sign for our house and it wouldn’t have been possible without the help of Scunthorpe Money Man! Thank you all!!
6 years ago
Sophie
Absolutely fantastic staff! I stumbled across Scunthorpe Money Man on google, with just one call the ball was rolling...fast, efficient, friendly and supportive. People say mortgage applications are stressful and boy they are not wrong but with the...
6 years ago
Chris
Very happy with the service provided, Excellent service from start to finish. I would definitely recommend Scunthorpe Moneyman and would use them again in the future. 5* Experience.
7 years ago
During your free mortgage appointment, you'll discuss your aspirations with our trusted mortgage advisors in Scunthorpe.
They'll meticulously assess your income and expenses to determine your eligibility for a first time buyer mortgage in Scunthorpe.
Our mortgage advisors in Scunthorpe have access to a vast array of mortgage deals tailored for first time buyers in Scunthorpe.
Following your appointment, we can secure your mortgage agreement in principle—a valuable tool for making property offers.
Upon acceptance of your property offer, our dedicated advisors in Scunthorpe take charge of submitting your mortgage application.
We will ensure that all necessary documents are forwarded to the lender.
Beyond securing the most suitable mortgage, our team is devoted to assisting you in obtaining comprehensive insurance coverage.
This is to make sure that you and your family are protected in the future.
One of the many benefits of a mortgage broker in Scunthorpe is we can search 1000s of mortgage deals to find the most suitable one that suits your circumstances.
As a mortgage broker in Scunthorpe, we love helping first time buyers in Scunthorpe get onto the property ladder.
Throughout the entire process, your mortgage advisor in Scunthorpe will be by your side, ready to answer any questions you may have about your mortgage journey.
Another, is we are available seven days a week and aim to take the stress away and solve any hurdles we encounter along the way. The best part of our job is finding a property that you like and receiving the keys!
Please read our genuine customer reviews, as they are a true reflection of the level of dedication and support, we provide to all customers, on top of providing a quality service. To speak to one of our mortgage advisors in Scunthorpe, book your free mortgage appointment today.
Many first time buyers in Scunthorpe wonder about the maximum amount they can borrow and their monthly costs. Your mortgage advisor in Scunthorpe will provide the exact amount on this.
We recommend to obtain an agreement in principle, which you may also see being referred to as a decision in principle, mortgage in principle, DIP, or AIP. Having this piece of documentation means that you have passed the lender’s initial credit check.
This shows the seller that you’re in a position to progress if they accept your offer, putting you ahead of other buyers. The good news is that one of our mortgage advisors in Scunthorpe team can turn around an agreement in principle within 24 hours of your initial appointment.
Get back in touch with your mortgage broker in Scunthorpe. They will then proceed with your mortgage application. If hurdles get in the way, your expert mortgage advisor in Scunthorpe will have come across something similar in the past and know what to do to end up with a good outcome.
We often hear from first time buyers in Scunthorpe who have been turned away from their bank for a variety of different reasons. Our team of specialist mortgage advisors in Scunthorpe will work hard to find a solution for any issues you may face during your process. Book yourself in for a free mortgage appointment today.
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