First Time Buyer Mortgages in Newbury
Your First Home in Newbury, Berkshire Awaits! We have access to a large panel of lenders, enabling us to access a range of mortgage options for first-time buyers.
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Mortgage options for first-time buyers in Newbury
Dreaming of opening the door to your first home in Newbury (Berkshire) but feeling overwhelmed by the mortgage landscape? At Motion Mortgages & Protection, we get it, and we’re here to guide first-time buyers like you through the entire home-buying process, so you can enjoy this exciting journey. We’ll help you secure the right mortgage for your current circumstances, and be there to answer any questions you have along the way.
What to consider as a first-time buyer in Newbury?
Between saving for a deposit, understanding credit scores, and navigating mortgage options, buying your first home in Newbury, Berkshire can start to feel overwhelming fast. Don't worry, we've been there! We break down the key things to consider into bite-sized pieces, so you can focus on the exciting parts, like house hunting and planning that dream kitchen refurb.
Some of the things we help you look at are:
- Deposit Decoder:
How much do you really need to save? We'll explore clever saving strategies and government schemes to get you there faster. - Credit Score Champion:
Don't let your credit score hold you back. We'll explain how it works and offer tips to improve it before you apply. - Affordability Made Easy:
We'll analyse your finances to ensure your mortgage is comfortable, leaving room for that new sofa or 4k Ultra HD TV.
How we work with you
Think of Motion Mortgages as your friendly mortgage navigator, here to guide you through every step with a smile. Here's what we offer:
- Initial Consultation:
We'll chat about your financial situation, the type of property you have in mind, and any questions you have. It’s the first step for planning for a smooth journey. - Paperwork Powerhouse:
We'll help you gather all the necessary documents, ensuring a smooth application process. We’ll tackle the admin together so you have more headspace for the exciting stuff. - Mortgage Matchmaker:
We'll research and present the most appropriate mortgage options for you, explaining everything clearly. No more confusing jargon, just pros and cons laid out simply. - Protect your future:
We'll also discuss safeguarding your biggest asset - your new home. We can help you explore mortgage protection insurance to provide peace of mind in case of accidents, illness or injury. - Lender Liaison:
We'll handle all communication with lenders, negotiating terms and answering any questions along the way. - Offer to Completion:
Once you have your mortgage offer, we'll stay by your side to guide you through the final steps, including surveys, legal checks, and the best part, picking up your keys!
How long does the process take?
The mortgage process can vary in length, but typically:
- Decision in Principle:
24-48 hours
- Full Application:
2-3 weeks
for approval
- Completion:
6-12 weeks, depending on legal and survey processes
What do you need to provide?
To streamline your mortgage application, have the following documents ready:
- Proof of Identity: Passport or driving licence
- Proof of Address: Utility bills or council tax statement
- Income Proof: Recent payslips and P60 or, if self-employed, tax returns and accounts
- Bank Statements: Usually the last three months
- Proof of Deposit: Bank or Investment statements showing your deposit funds
- Credit Report:
A recent credit report for a thorough review
Ready to get started?
It’s free to speak with a mortgage adviser 7 days a week.
Motion Mortgages & Protection FIVE Star Promise
1. NO JARGON
We Promise to explain everything in plain English.
2. THE BEST RESULT
We promise to check ALL mortgages on offer to ensure you get the most suitable one for your circumstances.
3. WITH YOU ALL THE WAY
We promise to stand by you and help all the way through your house purchase process… and not just walk away once your mortgage is offered.
4. SIMPLE
We promise we’ll do the hard work so you don’t have to.
5. RELATIONSHIP
We promise to be your trusted advisor, and always be here to help with your lifelong mortgage needs.
Don’t take our word for it, see what our clients say about us on Google and Facebook:
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Motion Mortgages & Protection are your trusted local experts in mortgage advisory services, committed to safeguarding your home, your family, and your future.
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Motion Mortgages and Protection is a trading name of AFP Wokingham Ltd an appointed representative of HL Partnership authorised and regulated by the Financial Services Authority. AFP Wokingham Ltd are registered in England and Wales with company number AR company registration number 14609331. Registered Office: Unit 3 Wellington Business Park, Duke Ride, Crowthorne, England, RG45 6LS.
The guidance and/or information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK. Initial consultations are completely free of charge. There's no obligation to proceed and our broker fee of £495 will only become payable at offer stage of your mortgage application. Your home may be repossessed if you do not keep up repayments on your mortgage. The Financial Conduct Authority does not regulate some forms of Buy to Lets. Your property may be repossessed if you do not keep up repayments on your mortgage.
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