New Build Mortgages
Let us help you
Once you’ve paid a reservation fee to the developer, you may only have 28 days to exchange contracts. That can be a challenge and it’s where our knowledge and relationships with mortgage lenders can help. We have access to priority help desks with lenders, which may help us to process your mortgage application quicker.
You may be purchasing a property which won’t be ready for quite a few months. Some mortgage lender’s offers may only be valid for three months, so we’ll ensure we recommend the most appropriate deal for your circumstances.
The Help to Buy equity loan scheme allows you to buy a new build property with a 5% deposit. We can tell you if you qualify and the maximum purchase price you’d be able to afford. Then we’ll recommend the best lender and mortgage deal for you.
If you’ve got a relatively small deposit of 10% or less and need a high Loan to Value (LTV) mortgage, some lenders will place restrictions on the deals available for new build home purchases. As we are new build specialists we have access to high LTV deals which may not be available directly with lenders or some other brokers.