If you are thinking of purchasing a new-build property in Liverpool, understanding your mortgage options is a key step in bringing your property dreams into reality. At CRC Mortgages, our dedicated team of experienced mortgage brokers and advisors are ready to guide you through the complexities of new-build mortgages, helping you secure suitable options tailored specifically to your needs and circumstances.
What is a New Build Mortgage?
Acquiring a new-build home can often present unique challenges compared to traditional property purchases. Typically, new-build mortgage arrangements come with special conditions and timings, including stricter timelines for completion. As experienced new-build mortgage brokers based in Liverpool, CRC Mortgages can help you navigate these complexities clearly and confidently.
Many new housing developers often require a mortgage offer within a limited period due to short exchange and completion deadlines. We strive to make this process as straightforward as possible, working diligently with lenders to help you secure timely mortgage approvals, ensuring you meet your developer’s timeline.
YOUR HOME/PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBT SECURED ON IT
The FCA does not regulate some forms of Buy to Lets. Think carefully before securing other debts against your home/property.
There may be a fee for mortgage advice. The precise amount of the fee will depend upon your circumstances but will range from £449 to £699 and this will be discussed and agreed with you at the earliest opportunity.
If you would like to speak with an adviser,
please contact us below.
Why Choose Our New Build Mortgage Brokers Liverpool?
With countless mortgage brokers and advisors serving Liverpool and the surrounding Merseyside area, you might wonder why you should select CRC Mortgages for your new-build property journey. At CRC Mortgages, we prioritise clear, transparent advice, tailored specifically to your personal situation. We pride ourselves on the strong relationships we’ve built with major mortgage providers, ensuring we have access to diverse mortgage deals that can suit various scenarios.
Our skilled team understands the finer details that come with new-build properties, such as valuation procedures, home warranties, incentives provided by developers, and mortgage affordability assessments. By partnering with CRC Mortgages, you will have the reassurance and guidance you need during every stage of this important financial decision.
Helping First-Time Buyers with New Build Properties Liverpool
We regularly assist first-time buyers in Liverpool who are looking at new-build properties as their first step onto the property ladder. Our knowledgeable new-build mortgage advisors are experienced in explaining clearly the government-backed schemes available for first-time buyers, such as the Help to Buy Equity Loan scheme (if available), shared-ownership options, or other various incentives developers may offer.
We completely understand that buying your first home can feel daunting, especially with the added factors involved in new build properties. Rest assured, our approachable team will take the time necessary to fully explain each step involved and assist you throughout the entire mortgage process.
Remortgaging Your New Build Property Liverpool
If you already own a new build in Liverpool and your initial mortgage rate is approaching expiry, it could be time to discuss remortgaging possibilities. Our experienced Liverpool-based mortgage advisors can review your current circumstances and actively search for suitable remortgage options to potentially secure more competitive rates or deals tailored to your evolving financial situation.
We aim to help you save time and hassle as much as possible, guiding you step-by-step through the remortgage process, clearly outlining the potential advantages to you.
FAQs About New Build Mortgages Liverpool
What is different about new-build mortgages compared to standard mortgages?
Typically, new-build mortgages have shorter deadlines for exchange and completion, often requiring quicker mortgage offers. Lending criteria can also be slightly different, so it’s wise to consult an experienced new-build mortgage advisor.
Can I use Help to Buy schemes for new-build properties in Liverpool?
Yes, if available and you qualify. Government initiatives, such as the Help to Buy Equity Loan scheme, can be beneficial when purchasing new-build properties. Our mortgage advisors can explain eligibility criteria and help you apply accordingly.
When should I seek mortgage advice for my new-build home?
Ideally, seek mortgage advice as early as possible, even before you begin seriously looking at specific developments. Early preparation allows you to understand clearly what you can afford and the mortgage options potentially available to you.
Do CRC Mortgages have experience with new-build developers in Liverpool?
Yes, our team has good experience working directly with a number of developers across Liverpool and Merseyside. We understand developers’ expectations for timings and communication, allowing us to handle your mortgage application efficiently and effectively.
Contact Our Liverpool-Based New Build Mortgage Advisors Today
If you would like to discuss your new-build mortgage options or wish to book a friendly initial chat with one of our expert mortgage advisors in Liverpool, please get in touch today. We look forward to assisting you on your journey towards your new home.