Emily has 17 years’ experience in financial services with a well-known high street bank. She specialises in helping clients to get the right, bespoke package for their unique circumstances. Having worked in different roles within the banking industry, she understands each aspect of the financial journey and is dedicated to making the house buying process less daunting and as easy to understand as possible.

Why are New Build Mortgages Different

Many customers speak with their bank or building society before starting their home-buying journey to understand how much they may be able to borrow. However, when purchasing a new-build home, additional lending criteria may apply.

Mortgage lenders can have different requirements for new-build properties, including those relating to developer incentives, mortgage offer validity periods, deposit requirements, application timescales, and Shared Ownership eligibility criteria. As a result, it's important to seek advice that is tailored to your individual circumstances and the specific property you are considering.

What will be discussed?

Emily will talk to you about the value of the property, the amount of deposit you can supply, any scheme you might be using to assist your purchase, the mortgage amount needed and the income, credit commitments and credit history you have which would support this borrowing. The purpose of this conversation is to discuss your qualification and affordability for the new home. Your data is held under the strict auspices of the data protection act and GDPR and copies of your DPA information is available on request.

Your home may be repossessed if you do not keep up repayments on your mortgage.