Getting Started

Before you begin searching for your dream home, it’s important to talk to us. We’ll assess your income, outgoings, and help you establish a sensible budget. Be ready with essential documents, such as payslips, bank statements, proof of deposit, and proof of identity. Then, we’ll calculate how much you can borrow and explain the costs involved, from deposits and survey fees to stamp duty.

Legal Support

Your solicitor will manage the legal side of your purchase, including conveyancing. If you don’t have one, we can recommend a trusted solicitor to work alongside us to ensure a seamless and straightforward process.

Finding Your Home

Once we’ve determined your budget, it’s time to start searching for your perfect property. Whether you’re looking for a home or considering buy to let mortgages in Derby, we can help you find a property that fits your needs. If needed, we can also recommend a reliable estate agent to assist with your search.

Making an Offer

Once you find your ideal home, we’ll help you make a formal offer. As a first-time buyer, you’re often in a strong position as you don’t have a chain. After the seller accepts, we’ll help with the next steps, including instructing a solicitor.

Mortgage Application

Once your offer is accepted, we’ll ensure that the mortgage advice we’ve provided is still the best option for you. We’ll then submit your full application, including all supporting documents to your lender. Our mortgage broker services in Derby will ensure the process is as smooth as possible.

Survey and Final Steps

Your lender will arrange a survey to check the property’s condition. Once your solicitor completes the necessary checks, they will prepare the contracts for signing. After this, the next step is to exchange contracts and pay your deposit.

Completion Day

On completion day, your solicitor will transfer the lender’s funds, and you’ll receive the keys to your new home. Your first mortgage payment will typically be due one month later. We’ll be there to guide you through the process, ensuring you’re prepared for every step.

At Akers Pritchett, our Derby mortgage advisors will work with you throughout the journey, liaising with estate agents and solicitors to ensure a smooth purchase. For more information on first-time buyer mortgages in Derby or any other mortgage advice, please register your details for a callback today.