Mortgage Brokers for First Time Buyers

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WHAT DO MORTGAGE CHAIN OFFER ?

See below for details on all the first-time buyer services we offer.

Mortgage Broker Service

Traditional First-time buyer mortgages, shared ownership and help to buy are some of the full range of first-time buyer services we offer. First-time buyer mortgages for employed, self-employed, limited companies and contractors.

Remortgage Broker

Service

We can help first time buyers looking to remortgage for the first time as well as offering traditional remortgage services to homeowners.

Includes product transfers and raising finance via a secured loan.

Virtual Mentorship

Programme

PREPARE. APPLY. SUCCEED.

Check out our brand-new online course, first-time buyer expert, helping you prepare for mortgage success as a first-time buyer.

Onboarding

Service

If you have already had an appointment with us and would like to on-board, or if you could want to skip the initial meeting and on-board, have your documents checked and a mortgage and solicited quote recommended, faxing so you are mortgage ready use this service by clicking the link below.

Adverse Credit ?

We are currently providing a free mentorship programme which will help you understand your mortgage options and the amount of deposit you will need for a bad credit mortgage. Click the link below to download our free online course, Bad Credit File Expert - Lite.

Full Suite of

Services

For our full suite of services we offer to first-time buyers, click on the link below. From help for non-UK nationals, buying non-standard properties, obtaining solicitor, life cover and house insurance quotes. We have it all!

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Latest Expert Articles...

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Checkmyfile Review

November 03, 20239 min read

Unveiling the Power of checkmyfile: A Comprehensive Review to Maximize Your Credit and Financial Freedom.” - Alex Kerr

Introduction:

Are you a first-time buyer looking to achieve mortgage success? Look no further than checkmyfile! In this comprehensive checkmyfile review, we will unveil the power of checkmyfile and show you how it can maximise your credit and provide mortgage freedom. With our checkmyfile review, you'll discover how checkmyfile can help you navigate the complex world of mortgages and ensure you make the right mortgage decisions. So, join us as we dive into this checkmyfile review and unlock the key to your mortgage success. Don't miss out on this opportunity to take control of your future and make your home ownership dreams come true!

checkmyfile review

checkmyfile is the most comprehensive credit file a first-time buyer can obtain. Here's why!

Unveiling the Power of checkmyfile: A Comprehensive Review to Maximize Your Credit and Mortgage Freedom

DOWNLOAD - CLICK HERE

Are you a first-time buyer looking to secure a mortgage? If so, you may be unaware of the critical role your credit file plays in the mortgage application process. Mortgage lenders often rely on credit files from Experian, Equifax, or TransUnion to assess your creditworthiness. However, many first-time buyers make the mistake of only checking one of these credit files, which can lead to unexpected roadblocks and confusion along the way.

Imagine this scenario: you diligently check your credit file with one agency, feeling confident about your creditworthiness. You approach a mortgage lender, only to find out that they are using a different credit file—one that you haven't checked. Suddenly, you're faced with a discrepancy on your credit file that you were completely unaware of, and your dreams of homeownership start to crumble.

But fear not! There is a solution that can help you avoid such pitfalls and maximize your chances of mortgage success. Enter checkmyfile—a powerful tool that allows you to check all three credit agencies that mortgage lenders rely on, all in one place and in a simple format.

What is checkmyfile ?

So, what exactly is checkmyfile? It is an innovative platform that provides you with a comprehensive credit report, combining data from Experian, Equifax, and TransUnion. By accessing this single file, you gain a holistic view of your credit profile, ensuring that there are no surprises or discrepancies that could hinder your mortgage application.

Why is it vital to check your credit profile across all three agencies? Well, each agency collects and analyzes data differently, which means that your credit file can vary from one agency to another. By checking all three credit files, you can identify any inconsistencies or errors that may exist, giving you the opportunity to rectify them before approaching a mortgage lender.

With our checkmyfile review, we found you can save time and effort by accessing all the information you need in one place. No more navigating through multiple websites or contacting different agencies individually. This user-friendly platform simplifies the process, allowing you to review your credit file thoroughly and efficiently.

Moreover, checkmyfile offers additional features that can further enhance your mortgage freedom. You can monitor your credit score, track any changes in your credit file, and receive alerts regarding potential fraudulent activity. By staying on top of your credit profile, you can take proactive steps to improve your creditworthiness and increase your chances of securing a favorable mortgage.

Checkmyfile Credit Report

Check my file review: Are you curious about your credit history? Want to know if there are any missed payments, defaults, or County Court judgments associated with your name across all of your credit profiles that mortgage lenders check? With Check My File, you have the opportunity to gain insight into your credit history and make informed decisions about your mortgage options.

Six Year Credit History

One of the key features of Check My File is its ability to provide you with a six-year history of your credit commitments. This means you can see not just your current credit accounts, but also any closed accounts that may still have an impact on your credit score. By having access to this information, you can better understand how your past financial decisions have shaped your creditworthiness.

Mortgage lenders will only ever check the last six years of your credit history, which is also how far back your credit file will go. Anything older than six years will come off of your credit history.

Missed Payments and Defaults

In addition to providing a detailed overview of your credit commitments, Check My File also allows you to see if you have any missed payments or defaults. These are important factors that mortgage lenders consider when evaluating your creditworthiness. By identifying any missed payments or defaults, you can take steps to rectify them and improve your credit score.

Some high street mortgage lenders will show flexibility with missed payments and small defaults, and you may still be able to get a mortgage from a high street lender with a low deposit. As long as there is only one or two missed payments, or a small defaults of under approximately £1000, then some high street mortgage lenders will ignore this blip as it was minor.

County Court Judgements

Another aspect of your credit history that Check My File covers is County Court judgments. These are legal judgments made against you for failing to repay a debt. Having a County Court judgment can have a significant impact on your credit score and make it more difficult for you to obtain credit in the future. By being aware of any County Court judgments against you, you can take the necessary steps to address them and improve your creditworthiness.

If you have a County Court judgement, you will likely need a 15 to 20% deposit for a mortgage.

Debt Management Plans

Debt management plans are another important aspect of your credit history that Check My File can help you with. A debt management plan is an agreement between you and your creditors to repay your debts at a reduced rate. By having access to information about your debt management plans, you can make informed decisions about your financial situation and work towards becoming debt-free.

Mortgage lenders will require that you have had a debt management plan for at least 12 months, and not missed a payment in order to qualify for a mortgage.

Payday Loans

Payday loans have become increasingly popular in recent years, but they can also have a negative impact on your credit score. Check My File allows you to see if you have any payday loans associated with your name, so you can take steps to manage them effectively and avoid any potential negative consequences.

Mortgage lenders will consider you for a mortgage as long as your last payday loan was repaid in full at least 12 months ago, so if you are thinking of looking at your mortgage options in the near future then be sure not to obtain a payday loan.

IVAs (Individual Voluntary Arrangements) and Bankruptcies

IVAs (Individual Voluntary Arrangements) and bankruptcies are serious financial situations that can have long-lasting effects on your creditworthiness. Our check my file review found that by using Check My File, you can see if you have any IVAs or bankruptcies in your credit history and take the necessary steps to address them.

In conclusion, Check My File is an invaluable tool for anyone who wants to gain insight into their credit history and obtain a mortgage. By providing a comprehensive overview of your credit commitments, missed payments, defaults, County Court judgments, debt management plans, payday loans, IVAs, and bankruptcies, Check My File empowers you to make informed decisions about your financial future. Don't let your credit history hold you back - check your file today and take control of your financial destiny.

Check My Credit File Free

DOWNLOAD - CLICK HERE

Check My Credit File Free: Unlocking the Secrets to Mortgage Freedom

With Check My Credit File, you can easily download your credit report and gain valuable insights into your financial health. Gone are the days of uncertainty and guesswork. Now, you have the power to make informed decisions about your mortgage future. And the best part? It's absolutely free!

But what sets Check My Credit File apart from the rest? It's the fact that you can access all three credit agency reports that mortgage lenders use for free. Simply cancel within 30 days, and the credit report is yours at no cost. No hidden fees, no strings attached. It's a win-win situation.

And the benefits don't stop there. With Check My Credit File, you have the flexibility to cancel anytime. No long-term commitments or obligations. If you decide it's not for you, simply cancel, and you won't be charged a penny. But if you choose to continue, it's only £14.99 thereafter – a small price to pay for the peace of mind that comes with knowing your creditworthiness.

So why wait? Take the first step towards financial freedom and check your credit file for free today. Don't let uncertainty hold you back. With Check My Credit File

DOWNLOAD - CLICK HERE

In conclusion, if you're a first-time buyer embarking on the journey towards homeownership, don't underestimate the power of checkmyfile. By checking all three credit agencies in one place, you can ensure that you have a comprehensive view of your credit profile, minimizing the risk of surprises or discrepancies that could hinder your mortgage success. Take control of your financial future and maximize your credit and mortgage freedom with checkmyfile.

The Importance of Credit Scores in Your Mortgage Application

Mortgages for first-time buyers - Our checkmyfile review discovered it is vital that as your first step you check your credit file if you are thinking about a mortgage for the first time. Download your checkmyfile credit report by clicking the link below and see the video below which will help you read and understand your credit file.

DOWNLOAD - CLICK HERE

Mortgages for first-time buyers: If you would like to book a free no obligation chat to discuss your mortgage options as a first time buyer, just click the link below.

Contact Alex Kerr at Mortgage Chain Ltd

Alex Kerr

Your First-Time Buyer Mortgage maybe closer than you think – start exploring your options today by contacting myself, Alex Kerr at Mortgage Chain for a free no obligation chat so we can discuss your options. Just visit our website below and click "book a free chat". I look forward to helping you!

Book a FREE Mortgage Chat here: CLICK HERE

Other resources to help you get started with Mortgages for First Time Buyers - Our YouTube Video: How to Buy Your First Home


check my file reviewcheck my filefirst time buyersdefaultsccjsivasbancruptcy
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Alex Kerr

Alex Kerr is a qualified mortgage broker who specialises in mortgages for First Time Buyers, Bad Credit & Re-mortgaging

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