Getting a mortgage has become more difficult in recent years.
As a result, the average age of the first-time buyer has risen to 37 – their parents would have been around ten years younger when they got on the property ladder.
The days of 100% mortgages and self-certification are over, with lenders are taking fewer risks and being fussier about who they lend to. Lending criteria are tighter and the amount of admin involved has increased considerably.
The application procedure can be daunting and potential borrowers often waste their time making several unsuccessful applications.
We can help simplify the process for you and make sure that you’re thoroughly prepared before applying for a mortgage.
How we can help
Simpsons have helped many people get on the property ladder – if you’d like to be one of them please contact us for more information.
Your home may be repossessed if you do not keep up repayments on your mortgage.