Welcome to Female Independent

Providing one environment for all your mortgage and home insurance needs

First Time Buyers Mortgage:

Many lenders offer exclusive products for these types of client, as they realise that often there is very little money available to put a deposit on a property due to other costs associated with house purchase.

Because we are independent, we can truly find the best product for each client and solicitors fees and valuation fees can normally be added in those cases where clients need to borrow 100%.

An important factor to keep in mind is that lenders will normally only lend 100% of the purchase price or valuation, whichever is the lower figure. This means for example if you agree a purchase price of £85,000 and the property is only valued at £80,000 then the lender will only lend £80,000 as this is the lower figure, so in this case you would need to be in a position to pay the other £5,000.

In many cases clients need to borrow more than 100% and we can assist by obtaining mortgage lending of 125%, provided the client meets the lenders lending criteria.