Is there anything that can help get me onto the property ladder?

Luckily, there are other government mortgage schemes that can be helpful for those who struggle to meet the minimum requirement for a deposit required. Therefore, as a First Time Buyer in Doncaster, this could be an option for you! The following are just a number of popular mortgage schemes that you may have access to; Help to Buy: Shared Ownership Scheme. First Home Scheme. Lifetime ISA. These schemes will require you to meet the criteria before you can access them. Therefore, we recommend you visit the government OwnYourHome website which can provide further information regarding these schemes. Get in touch with an expert Mortgage Advisor in Doncaster who will go through each scheme with you. Take advantage of our free initial mortgage appointment which you can book to get more First Time Buyer Mortgage Advice in Doncaster. Here at Doncastermoneyman, we have a responsive and friendly team who are available from early until late, 7 days a week to look into your case and help with the application. Your journey on the property ladder should not be all scary! Take that step with the help of Mortgage Advisor in Doncaster.

How much can I borrow?

We tend to find that a First Time Buyer gets in touch with Doncastermoneyman at the start of their mortgage process. The general reason for this is they want to know how much they could borrow for a mortgage. Our mortgage calculators on our website are great for First Time Buyers looking for a rough estimate, however, this won’t factor in your financial circumstance so do keep this in mind. If you are looking for a more accurate amount, an expert Mortgage Advisor in Doncaster can help you with this.

Ready to Make an Offer

Another benefit of having a Mortgage Broker in Doncaster, like ourselves, by your side is our support and guidance from our expert team of Mortgage Advisors when you are at the point of wanting to make an offer on the property you like. Here at Doncastermoneyman, we are able to obtain your mortgage agreement in principle for you which is usually done within 24 hours of your initial appointment. Having this with you can be great when making an offer as it is likely to increase your chances of getting accepted.

You’ve Had an Offer Accepted

Speaking to a Mortgage Advisor in Doncaster can be beneficial before making any offers. We can begin the mortgage process as soon as you as you get your offer accepted on your dream home. If you are wanting to know if you are eligible for a mortgage and are looking to get an agreement in principle to back up your offers, get in touch with a Mortgage Advisor in Doncaster who can help you with this.

Need an Agreement in Principle (AIP)

Generally, our team can arrange to get you a mortgage agreement in principle within 24 hours of your mortgage appointment. As mentioned, having an AIP to hand can be very helpful for making any offers because it shows the seller you are prepared to progress with your mortgage case.

Declined By Your Bank or Building Society

It can be common for customers to get in touch with us when they have previously been declined for a mortgage by the bank. This could be for a number of reasons; however, our team are available to help you with this. As part of our tailored service, our team are able to provide the support you need to get you on the most suitable option for your personal and financial circumstances. Due to being an expert Mortgage Broker in Doncaster, we have exposure to a large range of mortgage lenders, with a number of these offering specialist products. Our team are available 7 days a week to provide fast & friendly mortgage advice and answer any mortgage questions, particularly for First Time Buyers in Doncaster. We look forward to supporting you on your mortgage journey!

First Time Buyer Mortgages in Doncaster

Looking at Getting a First Time Buyer Mortgage in Doncaster?

Buying a home is a serious financial commitment, therefore, we understand that there can be a lot of nerves when it comes to being a First Time Buyer. Finding your dream first home can be exciting and something we would love to help you with!

With over twenty years of exceptional mortgage experience, our expert mortgage advisor in Doncaster are here to help you along with your mortgage journey.

Here at Doncastermoneyman, we strive to make your journey as fluid and easy as possible. We understand every customer’s circumstances are different and there is a possibility we have dealt with a situation similar to yours before. This could be moving into a new property on your own or with a friend/relative or something more complex.

When it comes to making an offer, it’s best that you are prepared with a Mortgage Agreement in Principle. If you are unsure, don’t panic, we are able to help you out with this.

First Time Buyer Mortgage Advice in Doncaster

We will be With you Throughout the Whole Process!

With the competitive market and securing a property with your estate agent, you may feel a lot of pressure when it comes to being a First Time Buyer. As a caring mortgage broker in Doncaster, this is where we take action and support you in relieving the stress. If needed, we can work at a speed that fits your circumstance.

It can be overwhelming to choose the appropriate mortgage due to the variety of different types available on the market.

Getting over every mortgage obstacle is something we aim to do at Doncastermoneyman. Our dedicated team will work hard, finding the most appropriate outcome for your personal circumstances.

A free Initial Mortgage Appointment is offered to all customers. If you are looking at discussing your mortgage options, check out our contact page so you can speak with one of our knowledgeable advisors and take advantage of expert mortgage advice in Doncaster.

How much deposit do I need to apply for a mortgage?

The amount of deposit you need should be a minimum of approximately 5-10%, this will vary depending on how well your credit score is. A common drawback for young First Time Buyers is that they don’t have a strong enough credit score to begin with.

We tend to find as an experienced Mortgage Broker in Doncaster that First Time Buyers who have a credit score will usually have a good one. If you are in this position, it’s possible that you have access to a higher loan-to-value (%), like a 90-95% mortgage.

Despite this, there is some cases where a First Time Buyer has a lower credit score. This can limit the amount of access you would have to lower loan-to-values which means you will need to put down a much larger deposit, usually upwards of 15%. By doing this, the lender can reduce the risk by lending less to you overall.

Another factor that can vary the deposit is the price of the property you are looking to purchase. Your mortgage amount is a percentage of the property price.

Speak to an Advisor

Important information

Your home may be repossessed if you do not keep up repayments on your mortgage.

There may be a fee for mortgage advice. The fee is up to 1% but a typical fee is £495.

FAQ's From First Time Buyers in Doncaster

Our Customers Love Us

4.99 Rating112 Reviews

Mick

Did everything possible for us to secure a great deal. Thankyou!

2 weeks ago

Jade

Outstanding and amazing service

4 months ago

Liam

Great to deal with

5 months ago

Liam

Great people very easy to deal with. Helped me massive.

5 months ago

Judith

The support we received was amazing. When we felt down they lifted our mood. Then when the result came through it was fantastic.

5 months ago

David

Doncastermoneyman have always been great and make the mortgaging process as simple as possible, with minimal stress. They are always very helpful and have great customer service. I would definitely recommend them to anyone.

6 months ago

Neil

Absolutely brilliant, excellent service. Not the cheapest but you pay for what you get. I used another cheaper company after lots of messing about, I had to find another mortgage broker, Doncastermoneyman stepped up, got me a really good...

8 months ago

Brandan

Very nice, respectful and helpful throughout the process. They give very informative updates as well.

8 months ago

Victoria

Incredibly impressed with Leo, easy process with fast results. Would 100% recommend.

11 months ago

Bethany

A very good and quick replying broker. Always gave the best advice and looked for the best offer for us. Would highly recommend.

1 year ago

Bethany

A very helpful broker. We received very quick responses. They always looked for the best rates and very understanding of circumstances and gave us the best advice.

1 year ago

Nicola

Very easy to deal with, answered all my questions and put me at ease. Would highly recommend.

1 year ago

Katrina

Fantastic service. so helpful and friendly would highly recommend to anyone and especially Wayne and Chloe they have been with us every step of the way, thank you so much for helping us with our first mortgage

1 year ago

Thomas

Fantastic, very attentive and helpful throughout the whole process

1 year ago

Thomas

Very helpful

1 year ago

Glenn

Excellent customer service. Matt & Lizzi were great with communication throughout the process. Mortgage achieved as promised.

1 year ago

Valy-Sorinel

The best mortgage advisor

1 year ago

George

Great service from Daniel, we are remortgaging this summer and found the best option with his help.

1 year ago

Harrison

The service provided by Tom was brilliant and he was always available to offer support and advice throughout the process. Me and my partner were first time buyers and it couldn’t have been made any easier due to the service provided by Tom and his...

2 years ago

Beth

We have used Jason twice to sort our mortgage after one house fell through. He has been accommodating around working hours and always responds rapidly. Always has good advice and understands any questions we weren’t quite sure on. I would...

2 years ago

Our Simple Mortgage Process

Free Initial Mortgage Appointment

During youyr free complimentary mortgage appointment, our committed mortgage advisor in Doncaster will assess your income and expenses.

This allows them to dermine the maximum borrowing capacity available to you as a first time buyer in Doncaster.

We Can Search 1000s of Mortgage Deals

Our team of experts can connect you with a wide range of lenders offering products tailored for first time buyers in Doncaster. This will set you on the right path towards becoming a homeowner.

Following your consultation, we will promptly secure your mortgage agreement in principle (AIP), usually within 24 hours.

Submit Your Mortgage Application

Once your offer on a property is accepted, our dedicated mortgage advisor in Doncaster will take care of submitting your mortgage application and organizing any additional documentation required by the lender.

Throughout the mortgage process, your dedicated case manager will provide regular updates, ensuring you are well-informed at every stage.

Protecting You and Your Mortgage

In addition to finding the most suitable mortgage deal for first time buyers in Doncaster, our team is devoted to helping you obtain comprehensive insurance coverage to safeguard you and your loved ones financially.

We will also contact you when your mortgage is due for renewal to ensure you are always on the most suitable deal.

Why choose us for mortgage advice in Doncaster?

Free Initial Mortgage Appointment

When you go to us, you will receive a free initial mortgage appointment which happens over the telephone or through a video call on Microsoft Teams.

You may be thinking your situation is too complex, but our 20 plus years of experience has provided us with the opportunity to face a range of mortgage scenarios. Therefore, you may find your situation is one we have encountered numerous times.

1000s of Deals

Through searching 1000’s deals, we can find you the most appropriate that most suitable for your circumstances as a First Time Buyer. Our goal isn’t just finding you the right mortgage, it’s being there from the beginning to the end of your journey.

Our team works hard to make the process as stress-free as possible to provide you peace of mind. Every step of the way, you will be updated by your dedicated case handler who will make sure you understand what is happening.

Our Service

Our expert Mortgage Advisors in Doncaster have rich experience and knowledge in helping first time buyers take their first step on their mortgage journey.

7 days a Week

Our Mortgage Advisors work 7 days a week until late, so they can work around you and you can contact them at your best convenience.

We will be your helping hand from your initial enquiry to getting the keys to your new home. We aim to help achieve your mortgage goals. Therefore, get in touch with us now to book your free initial mortgage appointment today.