Four things worth sorting before you fall in love with a house online.
Most lenders want at least 5% of the price, but 10% or more opens up better rates. Gifts from family can count too.
Check it with all three credit agencies, fix any mistakes and make sure you're on the electoral roll.
Lenders look at your income and outgoings, not just a multiple of your salary. Know what you spend each month.
Payslips, bank statements, ID and proof of your deposit. Having them ready saves weeks later on.
We work out what you could borrow and get you a decision in principle, so you can view and offer with confidence.
Once your offer is accepted, we apply for your mortgage and you instruct a conveyancer.
The lender values the home, your conveyancer does the searches, and we chase everyone along.
Contracts are exchanged, your deposit is paid, and on completion day you get the keys.
In England, first-time buyers pay no stamp duty on the first £300,000 of a home costing up to £500,000.
Wales uses Land Transaction Tax, with no first-time buyer relief. Nothing is due on the first £225,000.
A typical purchase takes three to four months from offer accepted to getting the keys.
Lenders look at your income, your regular spending and any credit you have. Our fact find includes a calculator that gives you a rough idea, and we'll get you an accurate figure. See Ask Charlie: How much can I borrow?
The person giving it signs a letter to confirm it's a gift, not a loan. Our gift letter tool writes it for you.
The valuation is for the lender. A survey tells you about the condition of the home, so you know what you're buying. For older homes it's well worth it.
There are limits on the price of the home and how you use the money. See Ask Charlie for the latest on Lifetime ISAs.
Pop your details in and we'll call you back. The first chat is free, with no obligation.
The legal bit
Your home may be repossessed if you do not keep up repayments on your mortgage.
We don't charge a fee for mortgage advice.
Bridging, will writing, equity release and conveyancing are provided through our network of approved business partners.