Can I use a mortgage broker for a new build mortgage?
Here at Willow Brook Mortgages we are specialists in new build mortgages. We offer mortgage advice for all mortgages and for the lifetime of your mortgage. With access to over 100 lenders and over 20 years industry experience we are confident in securing you the best new build mortgage for your requirements while also saving you time, money and hassle.
Why use a mortgage broker for a new build mortgage?
There are lot more factors to getting a mortgage on a new build property. Nothing you need to worry about as our specialist advisors are on hand to ensure they find you the best mortgage. Our advisors have worked alongside the largest builders in the UK including David Wilson and Barratt Homes to secure mortgages so we offer mortgage advice for new build properties that you can trust.
New build process
With a new build property you will often agree to buy the property from plans and a show home. You reserve the property and will be asked to pay a reservation fee (this is included in your deposit amount). A lot of builders will then give you 28 days to exchange contracts on the property so your solicitors will get underway with their work while we arrange the new build mortgage for you. With some properties you will get to choose your kitchen, flooring, tiles and upgrade options.
When you reserve the property they will give you an estimated time frame to when you could move in.
For some new build properties you will have a long time frame to completion so we will factor this in when looking at the best option for your mortgage.
New build mortgage in Bath
We offer mortgage advice across the whole of the UK but being based close to Bath we have a lot of knowledge in the Bath property market. We also have connections with new build developers in the area to help you in your property search.