First Time Buyer
Life is full of exciting firsts—your first day at school, first job, first car, wedding day, first child, and of course, your first home. While it can feel overwhelming, it’s also an exciting milestone, and we’re here to guide you every step of the way.
Buying your first home can feel overwhelming, but our experienced advisors at Magpie Nest Finance are here to guide you every step of the way. Our goal is to make your home-buying journey smooth and stress-free by handling everything for you—from managing paperwork to assisting with negotiations on your chosen property. Let us take care of the details so you can focus on the excitement of owning your first home.
FAQ
How much can I borrow?
The amount you can borrow depends on factors like your income, credit score, and financial commitments. Most lenders typically offer 4 to 4.5 times your annual income, but this can vary. We can help you assess your options and find the best deal.
How much deposit will I need?
Most lenders require at least 5-10% of the property price as a deposit. A larger deposit can help you secure better mortgage rates and reduce your monthly payments.
What other costs are involved with buying a house?
Aside from your deposit, you’ll need to budget for legal fees, stamp duty (if applicable), mortgage arrangement fees, valuation costs, and moving expenses. Our team can give you a full breakdown to ensure you’re financially prepared.
Contact our
experts today
- 07894 213439
- 07894 213439
- mehidi@magpienestfinance.com
