“Your single biggest commitment is likely to be your mortgage"
Why would you consider consulting us about a mortgage when you could walk into a high street bank/building society or go online to get one?
Banks and building societies may only offer their own mortgage products, as independent advisers we have:
•Access to virtually the whole UK market.
•Access to excusive products, which are only available through intermediaries like us.
•Software to help us determine the cost to you over a given period.
First-time buyer mortgages
Buying your first home in the UK is a major undertaking. It is probably the single largest financial commitment most people will ever make and yet the majority of them do not know where to begin arranging a first-time buyer mortgage.
There are several mortgage schemes available to choose from, which is good for you as this keeps prices competitive. However, as a first-time buyer, it also means that the mortgage market can be very confusing. You will hear terms such as ‘fixed rates’, ‘trackers’, ‘cashback’, ‘valuation’ and ‘loan to value ratio’. You may also be concerned about what type of mortgage would best suit your circumstances – repayment or interest only?
Our financial consultants are completely independent of any one mortgage lender, so can offer you free, impartial advice. They will explain all of the relevant terms used when arranging a mortgage and will take you step by step through the entire home-buying process, from mortgage application to completion.
The best advice is independent advice
Our independent status means we are not tied to any one mortgage lender or panel of lenders. By completing our online enquiry form, you will get all the benefits of a qualified, professional, independent financial adviser acting on your behalf to find the deal that suits you best. Don’t forget that we work for you and not the lender or estate agent, so can offer completely impartial mortgage advice no matter what your circumstances may be.
We have learnt that having an adviser who understands your circumstances really does make a difference in securing your home or investment residence.
Important areas you need to know about
- Find out how much you can borrow before looking for a home to buy.
- Understand the costs involved before and after you buy. How much of a deposit will you need?
- Have you saved for this and how much of it will you need now? How much will you need later for furniture, for example?
- Which mortgage best suits your circumstances?
- Make sure you fully understand any ‘tie-ins’.
- What is the role of the estate agent?
- How would you know if there was anything wrong with your proposed property?
- Who arranges the legal work?
What to do next
Sterling & Law is here to help you understand the mortgage process and provide you with professional, bespoke advice relating to the above important questions.
Mortgage Repayment Calculator
Mortgage Amount (£)
Mortgage Term (Years)
Interest Rate (%)
This is a generic calculation that does not take into account the details of the individual product concerned, it should not be taken as a guarantee that these rates are available or that you will be required to pay the amounts shown.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Please ask for our fee schedule for details.
We see our Sterling & Law adviser every October without fail. It is a reassuring experience and helps us determine whether we are still on track to achieve our goals.”
G Peck, Kent
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