First Time Buyer Mortgage Advice

First Time Buyers

If you’re hoping to buy your first house or flat, the most daunting part of the process for you may be finding your first mortgage. There’s lots of new information to take on board, but here we break it down to make it easy to understand.

Unlike most high street banks, we have access to the whole of market offering over a thousand different mortgage and protection products to suit all kinds of circumstances. We’ll help you to find the best first time buyer mortgage to get you on the property ladder, whether that’s a mortgage with a low interest rate or even a lender offering free valuation or legal fees.

From your first questions to the moment you have the keys to your first home, we offer appointments face to face over the phone and video call making it simple and easy for you.

Looking to re-mortgage

Remortgaging is where you take out a new mortgage on a property you already own. The most obvious reason to remortgage is to save yourself some money – possibly because your current deal has finished and you've moved onto your lender's expensive standard variable rate. However there are also other reasons for considering a remortgage.

Whether you want a better deal, fresh terms or to borrow more money, we’ll help you make the switch with ease. Our expert remortgage advisers will ensure you get the best rate on your new mortgage, so you can be sure your updated repayments meet your current financial goals.

Buy to let mortgage

We understand that purchasing a property to let requires specialist advice. At Winning Mortgages we believe that your journey should be one of simplicity, choice and expertise.
Whether you are considering a buy to let for the first time or you are an experienced landlord, we will ensure you receive the right advice and guidance.

These mortgages are designed for property investors and private landlords, who do not intend to live in the purchased property. Buying additional property for the purpose of letting it to earn rental income can be risky and complicated, since there is no guarantee that house prices will rise, nor that rental income will be uninterrupted.

Equity Release

You may want to release equity from your home without the inconvenience of having to move house. If you are over the age of 55 it may be possible to access the cash in your home with products known as “Equity release”. You can take the money you release as a lump sum or in several smaller amounts or as a combination of both. If you are over the age of 55 you can take out a lifetime mortgage which is secured on your property while retaining ownership. The property must be your main residence. You can choose to ring-fence some of the value of your property as an inheritance for your family. The interest can either be left to roll-up or you can choose to make repayments. The loan amount and any accrued interest is paid back when you die or if the property is sold because you move into long-term care.

To understand the features and risks of a lifetime mortgage, ask for a personalised illustration

Insurance

Insurance is there as a backup if things don’t go according to plan. This could be a lump sum payment for the family or monthly payments to replace an income you have lost. We offer tailored advice on the following Insurance products: Life Cover, Critical Illness Cover, Family Income Benefit, Income Protection, Building and Contents Insurance, Landlords Protection. We work closely with the best insurers to ensure the products they provide are at the best possible price with the cover that you really need and the service you deserve should you ever need to make a claim.