Speak to an expert

01245 806 130

info@lb-ms.com

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

First-time buyer

Buying a home is the largest purchase you’re likely to make. Getting onto the property ladder can be a big step.

If you’re a first-time buyer, you need to save for a deposit before looking at properties.

Generally, you need to try to save at least 5% to 20% of the cost of the home you would like.

Saving more than 5% will give you access to a wider range of cheaper mortgages available on the market. It’s also becoming more common for a deposit to come from a family gift.

Mortgage lenders will check that you can afford the mortgage and ‘stress test’ your ability to make your payments if interest rates were to rise or if your circumstances changed. As part of the mortgage application process, you’ll need to show the lender evidence of any outgoings you have and prove your income. This assessment of affordability can differ greatly between lenders – and when looking to maximise your borrowing power, it's important to consider the whole of the market.

We can help you find the lender that is right for your circumstances and understand the various mortgage types available and the differences between them. Cutting through the jargon and understanding what the real life impact will be to you is essential to choosing the right mortgage.

Testimonials

Client testimonials

Andy Sewell has made all of our property dreams come true. He is so dedicated to finding the right mortgage. He often makes the seemingly impossible possible with his insight and experience. Most importantly, I trust him implicitly.

Suzanne Lloyd

Andy and his team at LB made what I thought was the impossible, possible. Their care , attention to detail and professionalism took all of the stress out of re mortgaging my home and I couldn't be more grateful - I won't be going anywhere else.

Jacey Bloomberg

I found them to be very professional, extremely helpful and knowledgeable. After the first conversation, I felt Andy knew exactly what I needed and how to go about achieving it. As a sister company of my accounts they had all the information they needed to hand to get the application prepared quickly and efficiently.  Within two weeks we had a mortgage offer on the table and the house was secured.

Jeremy Richold

We were at the end of our search after using a handful of FA's in finding a mortgage, and lost hope without any affordable rates from a High Street lender. We were recommended Andy and he turned it 360 degrees into complete happiness for the both of us, with a perfect rate mortgage and lender. Andy is truly professional and driven to help in any way possible. Thank you for all you have done for us, we couldn't have had this home without you.

Jemima H

Both my wife and I have always been happy with the service provided by Peter Chattey and LB over the last 5 years and have and will continue to recommend them to friends and family.  

Jaimin Parmar

We have used Peter and Hannah at LB a few times now. Every time they blow us away with their knowledge and service. Peter’s knowledge of the industry is second to none and he applies for the right mortgage to suit our situation, first time, every time, saving precious time and stress. Hannah is then super organised and efficient at completing all the admin and keeping us informed. I can't say enough about this company, we wouldn't ever look anywhere else for mortgage/insurance advice, a first class service.  

Glyn Trundle

LB have been my mortgage broker for over 5 years. I have always found them responsive and professional. What I find remarkably different about LB is that they don't come to you with a problem. If there is ever a problem they will present a plan of action to move forward. A rare find in business today. 

Joanne Dron

Peter has been advising us on various mortgage issues for a number of years. He made it all so clear for us, explaining what was needed and sorted everything out for us. His advice on long term planning has proved to be invaluable. Peter has a very professional approach to his work and, after each visit to our home, he later forwarded a very detailed report explaining the current situation. We have peace of mind knowing he is just a phone call away. We have and will continue to have absolutely no reservation in recommending him to our friends and family.

Nicola White

Hannah has been a superstar when dealing with such an annoying pest of a customer like myself :) she has held my hand and walked me through the whole process and couldn't of done more for me, she explained everything in fine detail, in words and ways i could understand. Would be recommending her and LB to friends and family and will be looking forward to doing this again in the future.

Dean Franklin 

Professional and reliable advice, all avenues explored within the market for the best client outcome.

David Leigh

Head Office

Chelmsford
Swift House,
18 Hoffmanns Way,
Chelmsford, Essex,
CM1 1GU

Tel: 01245 806 312
Email: info@lb-ms.com

Others Offices

Colchester
The Octagon, Suite E,
2nd Floor, Middleborough
Colchester, Essex
CO1 1TG

Tel: 01206 867551

 

Ipswich
Suffolk House, 7 Hydra,
Orion Court, Addison Way,
Great Blakenham, Ipswich
IP6 0LW

Tel: 01473 359 720

 

Stratford
Number One,
Vicarage Lane,
Stratford, London
E15 4HF

Tel: 0208 221 8282

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