New build
MORTGAGES
Ensuring everything runs smoothly
A new build home comes with many perks. You will not have to decorate, there is no onward chain and you will enjoy the latest building codes and energy efficiency standards. However, many people thinking about buying a new build property underestimate the effort that is required to obtain a mortgage, particularly if you are buying off-plan.
There are a raft of measures designed to help buyers climb the housing ladder, but it can be tricky navigating the criteria that must be met to take full advantage of these schemes. On top of this, developers often offer a bewildering array of incentives for buyers, from carpets or white goods to offers to pay towards your deposit, stamp duty or legal fees. Some will even offer part exchange for your old home.
D O’Kane Financial Services has many years’ experience dealing in this specialised area. Not only can we help you secure the best mortgage deal for your needs, but we can coordinate with builders, estate agents, lenders and solicitors for you to help ensure everything runs smoothly.
As a mortgage is secured against your home or property it may be repossessed if you do not keep up the mortgage repayments.
