Swindon Mortgage Broker

Quicker than most people expect. Developers on the larger Swindon estates typically want exchange within a set number of weeks of reservation, and a new build mortgage application that stalls can put the reservation fee at risk. Having your paperwork ready before you reserve makes a real difference.

Not always, and this is the single most common problem on part built plots. Mortgage offers usually last three to six months, while a plot reserved off plan can take considerably longer to complete. Some lenders extend an offer and others require a fresh application, so it is worth knowing which yours does before you commit.

Sometimes, though lenders treat incentives such as paid stamp duty, cashback or upgrades differently, and most cap the total at a percentage of the purchase price. Anything above that threshold can reduce what a lender will advance. Checking what you could borrow against the true price rather than the headline one avoids a surprise.

No. Every Swindon client gets fee-free advice, including first time buyers on the new estates. We are paid by the lender on completion, so there is nothing to find on top of your deposit and reservation fee.