Buying a Home
We’ll find the right mortgage deal for you in just a few simple steps
OR
Residential Mortgage Best Buys
How much can I borrow?
How much will my mortgage cost?
Loan to value calculator
Buying Home Mortgage Guide
1. Getting started
Breeze Top Tip:
Make sure your current address is up to date and correct on your payslip, bank statements and driving license. This will help the lender correctly identify you and reduce additional document requests.
2. Let’s look at your deposit
3. Consider the cost
Based on your incomings and outgoings, we can help you calculate what you can spare each month towards mortgage repayments. We will also discuss the different types of fees you can expect to pay when buying your dream home such as arrangement fees, valuation fees and legal costs.
4. Decision in principle
After we’ve discussed what you can borrow and potential options, we can then provide you with a Breeze registered Decision in principle certificate. You can then use this with estate agents to put that all important offer on the property. At this stage you know what you can afford, plus you have the backing of a certificate which has qualified you and will reassure estate agents that you are a serious buyer. Remember this is not a lenders credit score at this stage, but an initial consultation.
5. Finding your home
6. Application
Your offer has been accepted on your ideal property, now it’s time to choose your mortgage product. There are a variety of mortgage options to choose from, but here at Breeze we will work with you to understand your unique circumstances so we can advise you on the best product that will suit you and your family’s needs.
If you approach your current bank for advice on good mortgage deals, they are likely to only suggest their own rates. At Breeze however, we will compare offers from across the market – helping find the best possible deal for you.
Breeze Top Tip:
You need to instruct a solicitor/conveyancer to assist you with your purchase. Not every solicitor is authorised to work for every mortgage lender so we will discuss this with you before submitting your application. If you need help with choosing a solicitor, we can recommend one for you to use
7. Submitting your full mortgage application
We can then submit your application to the lender. We will also then send any necessary supporting documentation to allow the underwriter to assess your case. Your new lender will be assessing both you and the property (by way of a valuation) before issuing a mortgage offer. We will liaise with the lender during this time to make the process as smooth as we can for you.
8. A mortgage offer is made!
Once your mortgage offer has been issued, you should double check the information the lender sends you and make sure everything is as expected before you move towards completion. If you’re unsure of anything, please contact one of our friendly experts to help you.
Your appointed solicitor will now work with you to arrange to exchange contracts and discuss your completion date, the day you formally own the property and get the keys!
Let's get you started on your mortgage journey today.
