How much can I borrow? What will the repayments be? What fees do I need to pay? What if I donít have a deposit?
Our advisors will talk you through the financial aspects of the buying process and provide you with advice from a comprehensive panel of mortgage lenders to find you the best mortgage
suited to your circumstances.
Generally 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 tend to offer.
Benson Grays Associates Ltd 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. Benson Grays Associates Ltd 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 refer you to a solicitor who offers very competitive legal fees when you arrange your mortgage with Benson Grays Associates Ltd.
Legal services are referred to a third party. Neither Benson Gray Associates Ltd or First Complete Ltd are responsible for the advice received.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
Benson Grays Associates Ltd registered in England at 157 Carr Lane, York YO26 5HQ (number 05629178). Benson Gray Associates is an appointed representative of First Complete Limited, which is authorised and regulated by the Financial Conduct Authority (FRN: 435779) for mortgage and non-investment insurance advice.
The Financial Conduct Authority does not regulate some forms of Buy to Let.
We do not charge fees for our services, we receive commission from the provider.
The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.