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First time buyer

First time Buyer Mortgage & Protection Process

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Contact us
1
We will determine if you are mortgage ready (specific documentation will be required). - We will work out your maximum lending threshold. - We will advise on your best lender option(s) to secure a mortgage and illustrate mortgage costs relative to loan amount/ mortgage term / lender rates.
Decision in Principle
2
If mortgage ready and you wish to use our expertise we will apply for a decision in Principle (specific documentation will be required).
Make an offer
3
If the decision is successful then go find the home you want and make an offer. Offer accepted YAY !
Mortgage Application
4
Another key part of our service and expertise is managing the Mortgage Application and Submission process to help you secure a mortgage offer. We will revisit your client file and documentation to ensure it’s up to date and sufficient to support the lenders requirements for a successful case outcome.
Underwriter assessment
5

– case accepted.

Valuation instructed
6

– valuation accepted.

Formal Mortgage offer Issued
7

– you accept.

Conveyancing
8
The solicitor commences the legal process for purchase/remortgage of property
Protection Review
9
Building insurance is a condition of a mortgage offer. We will review any existing cover to ensure sufficient and will advise first time buyers on best protection for their needs.
Exchange & Completion
10
If purchasing the solicitor confirms the exchange of contract date at which point you are legally bound to purchase the property and your house insurance schedule should be sent to the solicitor. Your protection plans should be put on risk to ensure the debt is protected. A Completion date is set for final transfer of funds. If buying a house you get the keys. If remortgaging you switch to your new lender.
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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

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How to find us
155 Spencer Road Derry-Londonderry BT47 6AH

CONTACT

Kelli Wilson trading as KW Mortgages is an Appointed Representative of PRIMIS Mortgage Network which is a trading name of First Complete Limited. First Complete Limited is authorised and regulated by the Financial Conduct Authority. 

Your home may be repossessed if you do not keep up payments on your mortgage.

We do not charge a fee for initial consultation or insurance advice. However, depending on your circumstances and the mortgage product, if we charge a fee it will range from £250 - £300, which will be payable on receipt of a formal mortgage offer. The fee will be discussed and agreed with you at initial consultation.  

The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.

+44 7834 029614
office@kw-mortgages.com
Kelli Wilson trading as KW Mortgages is an Appointed Representative of PRIMIS Mortgage Network which is a trading name of First Complete Limited. First Complete Limited is authorised and regulated by the Financial Conduct Authority. 

Your home may be repossessed if you do not keep up payments on your mortgage.

We do not charge a fee for initial consultation or insurance advice. However, depending on your circumstances and the mortgage product, if we charge a fee it will range from £250 - £300, which will be payable on receipt of a formal mortgage offer. The fee will be discussed and agreed with you at initial consultation.  

The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.

© 2022 KW-Mortgages | Kelli Wilson Mortgages & Protection
© 2022 KW-Mortgages | Kelli Wilson Mortgages & Protection
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