Your Monthly Mortgage Update – March 2025
Dear Reader, I hope this blog finds you well. As part of my commitment to
Buying a new build property can be an exciting experience and with the vast array of new build mortgage options it has never been a better time to start looking for that shiny new dream home.
With our talented new build mortgage experts, we can help you to work out your budget, find the best mortgage product from an extensive range of over 12,000 mortgages and get a decision from the lender so you know that you are in a prime position to secure your dream property.
Great timing
New build properties can sell very quickly, even before a spade has hit the ground. Make sure you know your limits and budget so you don’t miss out.
Lots of options
From location and site to various Government schemes, you have lots of options but which one is right for you? Let us take you through the maze and array of options most suitable to you.
Many lenders restrict their lending on new build properties. We offer new build mortgages with as low as a 5% deposit. Also, Help to Buy mortgages can make home ownership more achievable than you may think. We will help you from making that initial offer right through to completion with our dedicated team of new build experts.
House builders will typically ask for you to pay an upfront fee to reserve the property. Deposit amounts can be higher with some requiring a 15-20% deposit which can be offset with a Help to Buy equity loan. You may be required to exchange contracts within 28 days so we will help you to find the most appropriate lender who will be able to fulfil your timescales. Mortgage offers typically last for between 3-6 months and some new properties will take longer to build than this, so it is important to maintain your credit position during this time as the lender may choose to re-underwrite the mortgage if it goes beyond this period. Our team will make sure you know the facts, so you can concentrate on the excitement of your new home.
Our team are on hand daily to liaise with the mortgage lender and solicitor on your behalf to ensure that you can relax whilst we work on securing your dream home with the minimum of fuss. Why not speak to one of our new build experts today and see how we can help you.
get in touch
STISI GROUP
Stisi Group is a trading name of Clear Mortgage Solutions Limited which is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau Limited (Derby) Limited who are authorised and regulated by the Financial Conduct Authority.
Clear Mortgage Solutions Limited. Registered Office: 114 Centrum House,
Dundas Street,Dunbar
, EH3 5DQ. Registered in Scotland Number: SC463175.
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LATEST NEWS
Dear Reader, I hope this blog finds you well. As part of my commitment to
We are thrilled to announce that our business has been named “Mortgage Advisers of
Tel: 0131 510 1240
Email: [email protected]
Address: 52 Wilson Place,
Dunbar,
Scotland,
EH42 1GG
