First Time Buyer
Are you looking to buy your first home? As a first-time buyer getting on to the property ladder can be a big step, even bigger if you add the fact that you are a contractor or self-employed. However, our team of specialists are on hand to answer any questions no matter how big or small. We want you to get your keys as smooth and as hassle-free as possible.
Buying your first property is undoubtedly an exciting time but it can also be a daunting prospect to finance it in the correct way. We will be there to give you help and support all the way, and will answer questions such as:
- How much can I borrow?
- How much deposit do I need?
- How much will my mortgage cost?
- Will I have to pay stamp duty?
- Where can I find a solicitor?
- What survey do I need?
- What insurance do I need?
- What are the next steps involved?
We will then take the stress and workload away from you by seeing your purchase all the way through to completion.
Moving Home
Upsizing or relocating to a smaller property? As you have been through the process before you are probably aware of the problems that can crop up. You may not have finished your current mortgage deal and are unaware of the options available.
Leave us to take care of the difficult bits and you will be moved into your new home feeling refreshed.
Remortgage
Looking for a lower rate? Whether it is a different deal with the same lender, or a different lender altogether, we have access to a comprehensive range of mortgage deals and can confidently find you the most suitable one for your circumstances. Leave the stress of trying to find a deal down to us and let us do the hard work.
Remortgaging is where you take out a new mortgage with a new lender on a property you already own and have a mortgage on. The new mortgage takes the place of the mortgage you originally had on the property.
Contractor Mortgages
Are you an Engineering or an IT Contractor?
Even if you’ve recently left a full-time job of 10 years to start your own business! Our specialty is helping self-employed professionals secure the perfect mortgage.
As an Engineering or an IT contractor, you may come up against many obstacles when trying to secure a mortgage. Particularly in this sector, projects tend to last for an agreed period of time rather than on a permanent basis. Lenders have made it increasingly difficult for individuals who work on a temporary basis to make it through the mortgage process successfully.
As a contractor you might find yourself working in the UK one month, and halfway across the world the next. And one thing you won’t have a lot of when you are not working is time. We can help save you time, money and stress. Many lenders have no understanding of the payment vehicles that you utilise, and will often assess your income via processes which do not take full earnings into account.
At Right Choice we recognise the challenges you might face when arranging a mortgage, but as we fully understand your employment status and the way you are paid, we can help. With combined experience of over 20 years, our consultants are true experts in their field. We guarantee you will find our process straightforward, professional, and more importantly friendly!
Self - Employed
Obtaining a mortgage when you’re self-employed can be difficult and often lenders have different rules around whether they would accept an application from a sole trader, partnership or limited company director.
Getting advice is therefore essential to secure the best possible deal.
We will answer questions such as:
- How long do I need to be self-employed for?
- How much can I borrow?
- What documents will I need to evidence?
- Do I need an accountant?
- How much deposit do I need?
- How much will my mortgage cost?
- Will I have to pay stamp duty?
- Where can I find a solicitor?
- What insurance do I need?
- What are the next steps involved?
Buy to Let
Speak to our Advisors today who will explain everything to you jargon free and will help you get the buy to let mortgage and secure that investment property for you.
* Some buy to let mortgages are not regulated by the Financial Conduct Authority (FCA).
Development finance – Building your own home
Have you always wanted to build your own home? We can help Employed, Self Employed, Contractors to secure mortgage funding to allow them to build or customise their own homes. Self-build contractor mortgages are available for all contracting professions.
Right to Buy
Right to Buy allows most council tenants to buy their council home at a discount. Use the eligibility checker on the Own Your Home website to find out if you can apply.
There are different rules for Wales, Scotland and Northern Ireland.
Once you are eligible to buy the council house with the local authority giving a discount on the purchase price, we can help you arrange the mortgage required to purchase the property and help you get onto the property ladder.
Your council discount could be used 100% as your deposit taking the big hurdle of saving for a deposit out of the equation, making the process easier and simplified.
Need Professional Financial Advice?
Speak to us today for an honest, impartial and friendly service tailored to your needs.
Your home may be repossessed if you don't keep up repayments on your mortgage.