How much can I borrow? What will the repayments be? What fees do I need to pay? What if I don't have a deposit?
Our advisors will talk you through the financial aspects of the buying process and provide you with advice to find the best mortgage suited to your needs and circumstances.
Currently mortgage lenders will lend up to 95% of the value or purchase price, whichever is the lower. This means that you will be required to put 5% deposit down and the more deposit you can produce the better deal lenders will offer.
Don't worry if you can't produce this size of deposit, Gartland Financial Solutions can look at alternative ways of getting you on the property ladder which include:
How much can I borrow?
The majority of mortgage lenders will calculate how much they will lend based on affordability where they analyse your monthly income and expenditure. Gartland Financial Solutions can obtain an accurate borrowing figure based on your circumstances.
Buying your first property is probably the first time many clients have ever needed a solicitor. Our advisors can provide you with a solicitor who offers very competitive legal fees when you arrange your mortgage with Gartland Financial Solutions .