First Time Buyers

Buying a property is an exciting achievement and a dream for most of us. However, it is important to find the right property.
At Empire Chase, we are keen to support buyers with their property journey to climb the property ladder.
Below are important facts for first buyers

Mortgages

You can apply for mortgages directly from a bank or building society.
But you might also want to think about using a regulated mortgage adviser. Advisers know alot about the mortgage market and can help you find the mortgage that best suits your needs.
This is particularly useful if you only have a small deposit, are self-employed or there are other circumstances such as the type of property, for example you need a mortgage for a shared ownership scheme.

Leasehold or Freehold

If you want to buy a house, it’s likely you’ll buy the freehold. This means you own the property and the land it sits on.
If you’re buying a flat, you’ll be buying leasehold, or buying into a share of the freehold. You will be paying service charges and ground rent on leasehold properties to the freeholder and their managing agent