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Client Testimonials
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Gary Shaw
I recently used Graham for my re mortgage and found him to be extremely helpful and communicative at allstages. He found me a great deal and made the whole process incredibly straight forward. I can't recommend him highly enough.
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Graeme Carling
graham is my first port of call for any mortgage and insurance advice and decisions I have made over the years. He his committed and honest mortgage advisor who strives for total customer satisfaction, offering good value for money and exceptional end to end experience. Recommend without a doubt.
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Gordon Hesketh
I purchased a property recently. Graham was upfront and honest about my chances of being successful. After considering my application carefully and quickly he sourced an excellent deal and explained it thoroughly to me, allowing me to consider each option before proceeding. Graham kept me informed of how my application was proceeding at every stage and nothing was too much trouble for him. he his a first class advisor and I would highly recommend him.
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First Time Buyer
Mortgages for First Time Buyers
The prospect of buying your first home could be both daunting and confusing. Our aim is to guide you through the transaction from start to finish so that you understand exactly what the purchase entails and how much it will cost. We can recommend the services of local solicitors to assist in this process. This maybe the largest financial transaction you are ever likely to make so it must be done with clarity.
Prior to the credit crunch, the property market moved very fast which led to significant increases in property prices. This made it very difficult for many people to afford to buy a home, particularly for first time buyers.
The credit crunch of 2007 saw property prices drop considerably in many regions of the UK, making housing more affordable. However, since the 4th quarter of 2013, we have seen an improvement in the housing market and house prices have started to rise again.
The effects of the credit crunch and the continued financial uncertainty globally means that mortgages may still be difficult to find and we believe borrowing criteria is likely to remain stringent. There are, though, still a significant number of lenders to choose from, and we will search a comprehensive range of mortgages from across the market to find a mortgage appropriate to your requirements.
Getting on the ladder
There are actually some advantages to being a first time buyer. Interest rates are currently very low, and first time buyers are more appealing to sellers because they are not in a chain.
As we have access to many lenders we are well placed to assist you, however these days it is a necessity to provide a substantial deposit in order to get a mortgage (although there are a number of 95 per cent mortgage deals around), and you may be eligible for further assistance from the Help to Buy Scheme.
Help to Buy Scheme
Help to Buy: Equity Loan
In April 2013, the Government rolled out the first phase of a new Help to Buy scheme, which offers equity loans to first time buyers (as well as existing homeowners) by providing borrowers with a loan for 20% of the property value. This scheme applies to new build properties only, and with the purchaser being required to put down as little as 5% as a deposit, a mortgage of only 75% would be needed from a lender.
This scheme is available in England only until 2020. Different variations to the Help to Buy scheme apply in Wales and Scotland.
Call us now or use our mortgage enquiry form and we'll be delighted to assist you.
A MORTGAGE IS A LOAN SECURED AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
Other Areas Of Expertise
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Debt Consolidation
Consolidate your debts into one manageable monthly sum with a debt consolidation mortgage. Debt consolidation mortgages allow you to reduce your monthly outgoings by consolidating all your
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Protection
It is quite natural for most people to want to make sure their families (and themselves) are going to be financially secure in the event of loss of income, illness or worse. But with the usual pulls
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Life Assurance
The main purpose of Life Assurance is to provide money for those people who may depend on you financially, in the event that something should happen to you
... Read more
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Household Insurance
There are two types of household insurance - buildings and contents. They are separate entities and you can either search for two individual policies, or buy them as a joint policy
... Read more
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The guidance provided within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.
GT Mortgages is an appointed representative of TenetLime Limited which is authorised and regulated by the Financial Conduct Authority. TenetLime Limited is entered on the Financial Services register (www.fca.org.uk/register) under reference 311266.
GT Mortgages Ltd - Registered in Scotland No. SC298635 - Registered Office: 10 Bank Street, Falkirk, FK1 1NB
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Contact Details
GT Mortgages
10 Bank Street
Falkirk
Stirlingshire
FK1 1NB
Phone : 01324 622226