95% Mortgages

Following on from the Spring Budget, it was announced that a new Government scheme would be launched to assist aspiring homeowners to get on the property ladder with just a 5% deposit!

The scheme is available to both first time buyers and current homeowners. Mortgages are now available from a range of lenders with lending up to £600k being the cap. However, lenders have their own specific criteria, with a range of rates.

By using our expert mortgage advisers at Concept Financial Services, we can save you time and potentially money by exploring all the lending options available from our extensive panel of lenders.

We do find some first time home buyers are not confident about using a broker, they think it can be expensive and choose to seek out a mortgage from their bank or building society.

So we would like to dispel that, and can you assure you that when you engage with us our initial advice is fee free, we will be able to quickly identify the best route for your mortgage and as we know all our lender’s criteria we can make sure you get the best chance of getting approved first time.

The rates in the market do differ from lender to lender and of course some are charging fees, typically £999 – how do you know what is the right mortgage for you? By talking with us, we only need to take your details once and then we can source from our lender panel and come back to you with the lowest cost of borrowing and tailored to your specific requirements.

Simply, if you go to a bank or building society they can only advise you on the specific products they offer, do you really want to trawl across the internet searching out each option, or waiting often a long time to speak with an adviser? We can save you all of this and take the burden away from you, let’s us do the heavy lifting and find the right mortgage for you.

We can get you to a ‘decision in principle’ quickly so you can prove you are mortgage ready and can make an offer on property. You will often find estate agents will insist you have your mortgage agreed in principle before they will entertain arrange viewings.

So our 3 TOP TIPS are:

1. Speak to a Concept Mortgage Adviser Today to start your mortgage journey
2. Have documents ready – 3 bank statements and 3 payslips, if self employed your last 2 year’s tax returns (SA302’s and Tax Overviews)
3. Be honest about your current financial situation – Income levels, disclose all credit commitments and if there is any history of credit issues, please tell your adviser.