Your Step-by-Step Guide from Your Mortgage Broker
Purchasing a home is one of the most significant financial milestones you'll experience. At Mortgage & More, we know the house buying process can feel overwhelming, especially for first-time buyers. Our aim is to make finance easy to understand, providing independent, impartial, & reliable advice from start to finish. With our experienced, qualified team by your side, you'll have everything you need to feel confident & secure as you begin your journey to homeownership.
Your Step-by-Step Guide to Buying a House
Begin Your Plan & Save for Your Deposit
The house buying process starts with solid financial planning. Begin by setting a savings target for your deposit, considering not only the home price, but also extra expenses like legal fees, stamp duty, & moving costs. The sooner you start, the better your position will be when it's time to apply for a mortgage.
Seek Advice & Get an Agreement in Principle
Before you start exploring properties, it's crucial to understand your borrowing power. Our Mortgage & More advisers can help you obtain an Agreement in Principle (AIP), giving you a realistic budget & demonstrating to sellers that you're a serious, qualified buyer.
Register with Estate Agents & Use Property Portals
With your AIP in hand, the fun part begins! Register with local estate agents & search UK-wide via online portals. This step gives you access to a wide variety of homes & is vital in the property buying process checklist for the UK.
Find Your New Home & Negotiate the Purchase Price
Once you discover your ideal property, it's time to negotiate. Our experienced mortgage advisers can help with negotiation strategies, so don't hesitate to ask for support. Agreeing the price may involve a bit of back-&-forth, patience pays off.
Notify Your Mortgage Broker & Instruct a Solicitor
After your offer is accepted, contact your Mortgage & More broker straight away to move forward with your application, & instruct a solicitor who will handle all legal aspects of the purchase.
Meet Your Mortgage Adviser
This meeting is where you confirm your mortgage & protection needs. We'll help you select the mortgage product that fits your circumstances & make sure you've got the right insurance cover, such as buildings & contents insurance, protecting your investment.
The Conveyancing & Mortgage Process Begins
Now the paperwork starts! Your solicitor & broker will handle the checks & due diligence, but you'll need to provide documents & respond to queries. Staying in touch with both your adviser & solicitor helps keep the process smooth & ensures your buying a house timeline stays on track.
Receive Your Mortgage Offer & Review Contracts
When you receive your mortgage offer, review every detail closely. Your Mortgage & More adviser will clarify anything that's unclear, ensuring you're fully informed before you sign.
Exchange Contracts & Set Completion Date
After contracts are signed & exchanged by solicitors on both sides, you'll agree on a completion date, when you officially become the homeowner.
Move In & Celebrate!
On completion day, the remaining funds are transferred & you'll get your keys. Congratulations, now's the moment to move in & start making memories in your new home!
Make an appointment or speak to one of our advisers by filling out the form here.
Phone: 01634 235132
Address: 9 Balas Drive, Sittingbourne, Kent, ME10 5AS
Email: info@mortgageandmore.co.uk
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER LOANS SECURED AGAINST IT.
THERE MAY BE A FEE FOR MORTGAGE ADVICE, THE PRECISE AMOUNT WILL DEPEND ON YOUR CIRCUMSTANCES, OUR TYPICAL FEE IS £395
-
Mortgage and More is Authorised and Regulated by the Financial Conduct Authority. The Financial Service Register Number is 651274
The Financial Conduct Authority does not regulate some forms of Buy to Lets.
There may be a fee for mortgage advice. The precise amount will depend on your circumstances, but will be agreed with you before proceeding.
Mortgage and More is a Limited Company. Registered Address: Mortgage and More; 9 Balas Drive, Siitingbourne, Kent. ME10 5AS Registered in England and Wales under number 06437752
We always aim to provide a high-quality service to our customers. However, if you encounter any problems, in the first instance please write to the registered address above, email or call Mortgage and More outlining your complaint, if we are unable to resolve this, you can take your complaint to an independent Ombudsman. Our advice is covered under the Financial Ombudsman Service (www.http://www.financial-ombudsman.org.uk/consumer/complaints.htm).
The guidance and/or information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK. Some calls maybe recorded for training and monitoring purposes.