Complex Purchases
Complex Purchases: Buying a property in a complex way is a lot more common than you may think. The most popular being a gifted deposit from the bank of mum and dad. It could be 4 people buying a home, using a Ltd Company to purchase the home or buying from an auction when speed of completion is vital.
Specialist Lenders
High-street lenders like to lend large volumes of mortgages secured on standard properties for standard transactions. A non-standard transaction requires more underwriting time and expertise that automated lenders simply do not have the time to do. As such we work with a range of specialist lenders, some you may have heard of, some you may not, but all experts in non-standard lending and all FCA regulated for residential transactions.
We have access to a range of lenders who can consider the following:
- Gifted Deposit
- 4 Person Mortgage
- Buying from a landlord
- Next-Day remortgage
- Auction Purchase
- Limited Company Purchase
How we can help
As an independent and whole of market mortgage broker, we will carry out a comprehensive search of the mortgage market to find you the lowest cost mortgage that meets your circumstances. There can be up to ~6,000 mortgages available at anytime, but every bank and mortgage lender has different lending criteria. Rather than waste your own time trying to shop around, our expert mortgage advisers at First Select Mortgage Brokers have access to the widest possible selection of lenders and their criteria.
Our Services
Our team of friendly experts will explain the process of applying for a mortgage and guide you along the journey. We can explain the entire process and provide FCA regulated advice and recommendation on the best financial solutions for your circumstances, based on your preferences. We can meet face to face, virtually or on the phone. Our systems allow you to submit information and documentation via our secure client portal. After we have arranged your mortgage, our friendly team will be on hand to help keep your finances in good health, into the future and we will be happy to help again with remortgaging or product switching.
- A dedicated Mortgage Adviser
- Direct access via phone, email and messenger at every stage
- Face to face, virtual or over the phone, flexible to meet your needs
- Full UK coverage, we can support clients all across the UK.
- Mortgage Decision in Principle / Agreement in Principle (DIP / AIP) certificate
- Whole of market mortgage advice and recommendation
The Bank of Mum and Dad is behind almost half of first-time home purchases by buyers in their 20s, research has found. A total 45% of new buyers aged between 20 and 29 said they received loans or cash gifts towards their first homes, according to analysis of official data by the Institute for Fiscal Studies (IFS).
About us
First Select Mortgage Brokers are friendly and professional mortgage brokers. We can access mortgages from the whole of the UK mortgage market, meaning we can get the best possible deal for our clients circumstances. Based in Manchester, we are a family business with decades of experience in financial services. Our goal is to be the most trusted regional mortgage advisory business in the northwest of England.
Our team of experts are ready and waiting to help. Contact the team below:
Phone: 0161 393 1575 // 07780 446 937
Email: hello@firstselectfs.co.uk
Visit our Contact Us page to make a formal enquiry
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References & Disclosure:
https://www.telegraph.co.uk/business/2023/12/08/half-first-time-buyers-20s-help-bank-of-mumanddad/#:~:text=The%20Bank%20of%20Mum%20and,for%20Fiscal%20Studies%20(IFS)