First Time Buyers

A man moving into their new home in London.

Buying a property can be the biggest decision made in our lives. It is for this very reason that impartial advice is critical from qualified advisers.

At Alexander Consulting Finance, we specialise in assisting first-time buyers by offering expert guidance, personalised solutions, and access to a wide range of mortgage options. We strive to simplify the process, ensuring a smooth and confident home buying experience for our clients.

a large apartment building in London.
A Mortgage Adviser in London speaking on a cell phone.

  • The amount you can borrow for a mortgage depends on several factors such as your income, credit history, and financial commitments. To determine your borrowing capacity, we assess your individual circumstances and provide you with an estimate.

  • The deposit required for a mortgage varies, but typically lenders expect a minimum deposit of around 5% to 20% of the property's value. The exact amount will depend on various factors, including your financial profile and the type of mortgage you choose.

  • The best mortgage rate depends on multiple factors, including market conditions, your credit score, and the type of mortgage product you select. We offer a range of competitive mortgage rates tailored to your needs. Our mortgage specialists can help you find the most suitable rate for your situation.

  • The property value you can afford to buy depends on factors such as your income, expenses, outstanding debts, the deposit you have available, and the amount you can borrow. By assessing your financial situation, we can provide guidance on the property value range that aligns with your affordability. Before viewing a property, it is encouraged that you first seek professional help from a mortgage specialist who can provide you with a Decision in Principle (also known as Agreement in Principle). With this, you can have a better understanding of the property value available to you and therefore give you confidence when you go shopping for your dream home.

  • Yes, being self-employed does not stop you from getting a mortgage. Lenders have specific criteria for self-employed applicants, including assessing your income stability and business history. We have mortgage options available for self-employed individuals, and our experts can guide you through the process.

  • The duration of a mortgage application can vary depending on several factors, such as the complexity of your financial situation and the efficiency of document submission. On average, the process takes around 4-6 weeks, but we strive to make it as smooth and efficient as possible for you. We will always keep you informed as having open communication is a key value in our business.

Your trusted mortgage adviser firm making home financing simple and easy

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Have any questions or queries or would like to get some advice from a trusted adviser? Then please fill out the form below, and someone will be in touch with you within 48 hours.