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Independence Day

For First Time Buyers, whether you're moving in with or moving out from, it's a big step.

Let's get started

Independence Day

For First Time Buyers, whether you're moving in with or moving out from, it's a big step.

Let's get started

Before your maiden voyage

there are probably a few things that you're already thinking about...

Bored-at-Laptop
Cold-Shoulder
How much can I borrow?

Are there other costs on top?

Should I just go to my bank?

How much will it cost me?

Why are there different types of mortgage?

Broken-Piggy-Bank
credit card health check
Will I even be accepted for a mortgage?

Where do I start?

How long can I borrow for?
Finance-dispair
Is now the right time to buy?
HELP
How much deposit will I need?

Are there any hidden costs?

How do I know which lender to go to?

...thankfully at Lodestone we can help

We've got decades of experience and are qualified in all aspects of mortgage finding and matching. Whatever your situation there will be a financial product that will suit. We'll work with you through the application process to secure a mortgage you can afford whilst leaving room for a rainy day or two.

No jargon, no stress.

Let's get started

Before sailing

  • We will discuss your needs/ goals/ and aspirations with you - then guide you to the most suitable mortgage

  • We will let you know roughly how much you can borrow based upon the information to hand - lenders consider your income, outgoings and lifestyle

  • As a rough guide 4.5 times your salary is a good estimate

  • We will provide you with illustrations that clearly outline all your initial and ongoing monthly costs

  • We will obtain a decision in principle for you which shows estate agents that you are serious and have your finance pre-approved

After launch

  • We will apply for your mortgage and take care of all the paperwork, but we don't stop there

  • We can even provide you with a solicitor if needed

  • We'll keep working hard until we get your formal mortgage offer from the lender

  • We'll guide you through the various protection options available to you

  • Were with you every step of the way until you get the keys to your very own front door

Book a call at a time to suit you

Request A Call

Case Stories

Upon a friends recommendation We used Craig's services as first time buyers in the height of lockdown.

Craig was very helpful throughout the whole experience. He advised above and beyond what was needed and truly helped guide us through the biggest purchase we've made to date. We couldn't recommend Craig more and will definitely return to use his services again in the future!
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Top tips for first time buyers

Checklist

Deposit
Its always good practice and responsible to start saving as soon as you can.
No matter how little or much you can put away, its very important. Typically you need at least 5%

Credit File
We recommend checkmyfile.com Its responsible to keep a regular eye on your credit file to make sure you are in top shape

Location
Where to buy, journey time to work, transport links, value now and in the future

Property questions
How long has property been on the market, what are the neighbours like, what is the neighbourhood like, social life?

Bills
Anticipate these when moving in - Gas/ Electricity, service charge, ground rent, water, tv, internet, insurance

Future sale
You may have just moved in but think about the future saleability of the property, is it above a shop, is it an upcoming area, future transport links, 2 beds is better than one

First time buyer schemes
Help to Buy, Shared Ownership

Documents
You'll need to gather - identification, proof of address, proof of income, bank statements

Costs to consider
Lender and broker costs, valuation costs, solicitor costs, stamp duty, moving costs, furniture, decorating

The start of

and the end of

You'll soon be able to purchase your first property quicker and with considerably less stress. Reduce anxiety and confusion throughout the process.

Let's get started

Step 1 of 3

Lodestone will be what is known as the 'controller' of the personal data you provide to us. We only collect basic personal data about you which does not include any special types of information or location-based information.

Why do you need my data and what will it be used for?

We need to know your basic personal data so we can make contact with you and respond to your message, request or query. All the personal data we process is processed by our staff in the UK.

Who is my data shared with?

Your data will only be shared with third parties if this is necessary to respond to your request. If this is the case, we will seek your permission before passing on your details.

How long do you keep my data for?

We may store your data for up to six years past the end of any business relationship, after which time it will be securely destroyed. If you would no longer like us to process your data at any time, you have the right to object to processing of your data. To do this, please contact info@lodestone.mortgage

What are my rights?

You have the right to object to the processing of your data. You also have the right to request access to your data at any time. You have the right to rectification and/or erasure of personal data or restriction of processing. If you wish to raise a concern related to how we have handled your personal data, you can contact us to have the matter investigated at info@lodestone.mortgage . If you are not satisfied with our response or believe we are processing your personal data not in accordance with the law, you can complain to the information commissioner's office: https://ico.org.uk

By selecting the box SEND, you acknowledge that you have read and understood the above privacy notice and consent to its terms.

Your Data