To qualify as a First-Time buyer, all applicants on the Mortgage must have never purchased a home before.

First-Time Buyers do not pay stamp-duty for a Mortgage in Liverpool for properties worth up to £300,000. However, if a First-Time Buyer buys a property between the value of £300,000 to £500,000 a 5% Stamp-duty charge will be payable on the excess amount over £300,000.

Usually, as an estimate the amount you can borrow is normally 4.5x your annual income. However, many Mortgage lenders have different affordability criteria and they will have to consider your expenditure to determine your overall affordability criteria. This is why our Mortgage Advisors in Liverpool, will require you to complete our Fact Find, so we are able to get you an Agreement in Principle to find out how much a lender is actually willing to lend to you.

For residential Mortgages, the minimum deposit when buying a house in Liverpool is typically 5% and between 20-25% for Buy-to-let Mortgages.

Our first job as your Mortgage Broker in Liverpool, is to conduct our free telephone consultation, where we will have an initial chat and invite you to complete our Fact Find. This is to understand your personal and financial circumstances, so we can recommend the most suitable Mortgage Product. Upon completing the Fact Find, we will aim to obtain your agreement in principle within the same day. Following the AIP, we will submit the Mortgage Application processing all the paperwork on your behalf and we will be by your side until you complete.

At Cassidy Mortgages building a client relationship is very important us, so the purpose of our free Mortgage Consultation is to understand your current requirements and needs. Followed by a Fact Find to gain an insight about your financial situation. After we have all of the necessary information, your Mortgage Advisor in Liverpool will shop the Mortgage marketplace for the most suitable deal for you.

Our Mortgage Process consists of six stages being Fact Find, Agreement in Principle, Application, Offer, Exchange of Contracts and Completion. Throughout all of these stages our Mortgage Advisors in Liverpool will be by your side throughout your mortgage journey and will be there for you when you next need us to Re-mortgage.

Cassidy Mortgages recommend that you prepare yourself prior to viewing any properties in Liverpool, meaning build up your savings, check your credit file and have an Agreement in Principle in place. This will give you an advantage over other house buyers in Liverpool.

As a Mortgage Broker in Liverpool, Cassidy Mortgages will typically charge a fee of £300, which is payable at the Application stage when the application is submitted. However, as we provide a service of advising and getting you a Mortgage, our fee is NOT applicable if we are unable to get you a Mortgage.