House Purchase

How much can you afford?

The first thing you need to do is decide how much you can afford. We need to assess how much money you have available and how much you can borrow. There are 1000’s of products we search through for you and then we recommend 1 that is most suitable for you.

Our brokers can provide you with a ‘decision certificate’ that states the loan will be available provided the property is satisfactory. Altogether Financial are to produce this certificate before you start looking for a property. Typically an Estate Agent prefers the reassurance of a mortgage certificate or decision in principle, this therefore may help you to have your offer accepted by the seller.

Before finally deciding how much to spend on a property, you need to be sure you will have enough money to pay for all the additional costs. These include:-

• Survey fees
• Valuation fees
• Stamp Duty Land Tax
• Land Registry fee
• Local Authority searches
• Mortgage broker fees (typically £495.00)

For more information about Stamp Duty Land Tax, go to the GOV.UK website at www.gov.uk

How to find a property?

There are several ways in which you could find a property:-

• Using estate agents
• Looking at the property pages in local newspapers
• Contacting new house builders for details of new properties being built
• Looking on the internet for example using www.rightmove.co.uk (You are now departing from the regulatory site of Altogether Financial Solutions Limited.  Neither Altogether Financial Solutions Limited or PRIMIS Mortgage Network is responsible for the accuracy of the information contained within the linked site.

For more information on finding the right mortgage for you. Contact our team at Altogether Financial Solutions or complete the contact us form and we’ll be happy to call you back.