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We’re mortgage experts. This means we know our stuff when it comes to all types of mortgages. We know where the best rates are and have access to exclusive deals just for Lending Expert customers.
We’re not tied to one lender which means we can search the wider market to find you the cheapest mortgages from across the UK.
Lending Expert is an FCA regulated credit broker which means you can be assured you are dealing with a legitimate and reputable finance company.
If you have bad credit or have previously been refused a mortgage we can consider your application. Whatever your circumstances please get in touch and we'll do our best to help find you the perfect mortgage deal.
There are a number of reasons why first time buyers struggle to get a mortgage. The main one is that as a first time buyer you will probably have a smaller size of deposit to put towards buying your new property than those already on the housing ladder because of the high costs of renting. First time buyers will also generally be on lower incomes than those already on the ladder and so can find it difficult to meet the lending criteria that is stipulated by many lenders.
In this case it is the size of your deposit that is the thing that matters. If you are able to put together a deposit of anywhere between 30% and 40% of the value of the property that you wish to buy you will find that you will probably find it reasonably easy to get a mortgage as your loan to value ratio will be low and therefore you will present a lower risk to a lender. In addition to this you will also find that you will have access to mortgage deals offering lower interest rates.
There are 95% mortgages available for first time buyers, but in order to be able to qualify for these loans you will have to ensure that you have a good credit score and also demonstrate that you have sufficient income to be able to afford the repayments. One thing you will also need to be aware of is that your ability to make your repayments will be stress tested by looking at the affordability should the interest rates rise significantly. If a lender does not feel that you will be able to make these payments at the higher interest rate you will not be granted the mortgage.
If you are struggling to get a mortgage on your own you may find that you qualify for a help to buy scheme. These schemes are for people who only have a small deposit, and in some cases they are specifically for people buying new houses. These schemes can provide you with either a guarantee from the government for part of your mortgage, or an equity loan to act as part of your deposit, both of which provide you with additional backing, and therefore presenting a lower risk to a lender making it easier for you to get a mortgage.
Our experts can check the market to find you the right mortgage. We've helped thousands of first time buyers take out their first mortgage. Simply check your eligibility and apply online today.
Compare from a wide range of mortgage offers online. Get expert advice from our FCA authorised mortgage brokers.
If you're a first time buyer we can help you make the right decisions. Get expert help from our mortgage advisors and compare the market.
Need a mortgage with a 10% deposit? Compare and search 90% mortgages onlines. Apply online with Lending Expert.
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Compare fixed rate mortgages and get expert advice from our mortgage advisors. Apply online today with Lending Expert.
Mortgage brokers can search the market and offer advice on which mortgage products suit your needs. Help expert help with Lending Expert.
Get advice on the help to buy scheme and see which mortgages are available to you. Lending Expert can check your eligibility online.
Want to buy your council house? Our mortgage advisors can help with right to buy mortgage products.
If you're a pensioner and need a mortgage or remortgage then Lending Expert can help.
If you're self employed and wish to remortgage your home or take out a new mortgage we can help.
Want to build your own home? Our advisors can help with self build mortgages and can discuss what options are available.
If you're looking for a holiday let mortgage or brokers can help secure you a great deal. Check your eligibility and apply online today.
Need a mortgage with the help from a guarantor. We can search and compare guarantor mortgages on the market.
Looking for a 100% mortgage deal. Let our advisors find you a great deal.
If you have bad credit and need a mortgage we can help. Solutions for most credit types.
Our brokers can quickly search and compare buy to let mortgage rates and deals to find you what you need.
Calculator your mortgage repayments, how much it will cost and interest payments.
Get expert advice on equity release mortgages for the over 55's.
Are you an expat and require a mortgage? We can search the market to find you the ideal lender.
Looking to protect your mortgage payments? Our life insurance experts can help.
Looking to release equity in your home? Our experts can help with lifetime mortgage options. FCA authorised advisors.
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Find the perfect remortgage deal for debt consolidation purposes here on Lending Expert.
If you have bad credit you can still remortgage to a better mortgage rate and borrow what you need.