A guide to buying a first home for UK Sri Lankan community WIS Mortgages is an endtoend digital mortgage broker making online mortgages simple.
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For first time buyers the prospect of getting on the property ladder feels overwhelming and out of reach. Here we simplify the steps you need to take to get started and demystify the process of buying a first home.
WIS Mortgages search the whole market to find you the best mortgage deal.In addition, they can also help you arrange property surveys, solicitors, and legal work if required.
You’re in the right place if you are purchasing a residential property or remortgaging. They can also help with Buy to Let Mortgages, Limited Liability Companies, Special Purpose Vehicles (SPV) or even Help to Buy.
At WIS, they believe that customers need a helping hand and therefore offer a monitoring service which will track your application. This service will provide you with status updates throughout the process, so you always know exactly where you are.

If you’re a firsttime buyer, you may be able to buy a home for 30% to 50% less than its market value. The home must be your only or main residence.
This offer is called the First Homes scheme.
The home can be:
a new home built by a developer
a home you buy through an estate agent, which someone else bought before through the scheme
The First Homes scheme is only available in England.