Buying a home
First home, next home or a home to let: what the lenders ask, and how a purchase moves from first call to keys.
From first call to completion
Six steps. We do the paperwork and the chasing; you sign at the end. Typical times (sample) are on the right.
A free first call
Twenty minutes about the home, your income and your deposit. We say what we charge before going further.
Same week
Fact-find and documents
We go through your income, spending and credit history with you, and collect payslips, statements and ID.
About a week
Agreement in principle
A lender’s first look at your case, so estate agents know you are ready. It is not a mortgage offer.
One to two days
Application and valuation
We send the full application and the lender values the home. We chase it until the lender decides.
Two to four weeks
Mortgage offer
The lender’s written offer. We go through every condition with you before your solicitor takes over.
When the lender decides
Completion
Your solicitor draws down the loan and the home is yours. We note when your deal ends.
Set by the sale
Which purchase is yours?
Each has its own page with the usual limits and what lenders look for.
First home
Buying for the first time with a deposit of 5% or more, saved, gifted or both.
Usually up to 95% of the price as a loan. Usually up to 95% of the price
Moving home
Selling one home and buying the next: keeping your current deal, or a new one for the new home.
Usually up to 95% of the price as a loan. Usually up to 95% of the price
Buy-to-let
A home to let, in your name or a company’s. Lenders look at the rent as well as your income.
Usually up to 75% of the price as a loan. Usually up to 75% of the price
Start with a free first call
Twenty minutes on the phone or by video. Have a rough price and deposit in mind; we tell you what the lenders will ask for and what we charge, before anything is done.