Buying a property does not stop you getting a mortgage, although some lenders may attach certain caveats, First Choice Finance have over 25 years` experience providing mortgages and remortgages, including concessionary purchase mortgages.
Developer Discounts / Concessionary Purchase Discounts
In some cases a developer may drop the price to sell a property, this is often the case if you are willing to buy of plan, or if it is one of the last property`s to sell on a new build estate and the developer is looking to close up and move on to the next development.
What Deposit Will I Need
As with all mortgages the loan to value you will be offered will depend on your personal circumstance, in some cases the valuation will be taken from the concessionary purchase price while other lenders will take the market valuation giving you a better loan to value, especially if you can prove you are getting the property at a reduction of the market value.
First Choice Finance can guide you through a comprehensive range of mortgages and other associated services including but not limited to:
Residential mortgages and remortgages - We have access to a large number of mortgage, which gives us plenty of choice to find the most suitable mortgage for you.
Buy-to-let - We have access to many specialist lenders with mortgages designed around your requirements.
Commercial Mortgages - Unsure about where to get money for your business or looking to remortgage, we can look at both high street and niche lenders to help your business find the most appropriate mortgage. Secured Loans - We have access to a wide range of providers that can give you alternative borrowing options for that new kitchen or home improvement.
Even if you`ve already got these areas covered, it may be that you have another look at your financial health. Either way, it`s well worth your while spending just a little time talking through all the options available to you - and getting some professional, qualified advice to ensure that you`re enjoying the best value with your financial arrangements. Call now or complete our simple online enquiry form.
Mortgages & Remortgages
Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk
Established In 1988. Company Registration Number 2316399. Authorised & Regulated By The Financial Conduct Authority (FCA). Firm Reference Number 302981. Mortgages & Homeowner Secured Loans Are Secured On Your Home. We Advice Upon & Arrange Mortgages & Loans. We Are Not A Lender.
First Choice Finance is a trading style of First Choice Funding Limited of The Old Courtyard, 103 Buxton Road, High Lane, Stockport, Cheshire. SK6 8DX. Copyright protected.