Free New Build Mortgage Advice in London
Your Trusted Partner for New Build Mortgage in Key London Areas Free
Owning a new build home in London has never been more achievable. At Home Guru, we offer free new build mortgage advice designed to help you secure the best deals on newly built properties in London. Whether you’re a first-time buyer or upgrading to a modern home, our expert team is here to guide you every step of the way.
We proudly serve buyers in Acton (W3), Barking (IG11), Camden (NW1), Hackney (E8), Canary Wharf (E14), and Wimbledon (SW19) with tailored solutions to fit every budget.
Why Choose Home Guru?
✅ Free Mortgage Advice: No fees for expert guidance on new build mortgages.
✅ Exclusive Deals: Access to competitive mortgage rates and lender offers.
✅ Local Market Knowledge: Expertise in London’s most in-demand areas
✅ Personalized Service: Support tailored to your financial situation.
✅ Comprehensive Guidance: From pre-approval to completion, we manage the entire mortgage process.
Major New Build Developments in London
Barking Riverside (IG11)
One of the UK’s largest regeneration projects offering thousands of new homes with excellent transport links and riverside living.
Acton Gardens (W3)
A large-scale redevelopment providing modern apartments and family homes with green spaces and community hubs in West London.
Nine Elms (SW8)
Home to the iconic Battersea Power Station redevelopment, offering luxury flats, restaurants, and cultural venues.
South Quay Plaza, Canary Wharf (E14)
Premium riverside apartments in London’s financial district with luxury amenities, gardens, and city views.
Wembley Park (HA9)
A vibrant new community with modern flats, entertainment venues, shops, and excellent transport connections.
Royal Wharf (E16)
A riverside neighborhood in East London featuring new homes, parks, and a strong sense of community.
Exclusive New Build Mortgage Schemes
Mortgage Guarantee Scheme
Access 95% loan-to-value (LTV) mortgages backed by the UK government. Ideal for buyers with smaller deposits.
Shared Ownership
Buy a share of a property and pay rent on the rest with flexible ownership options, ideal for stepping onto the property ladder.
Lender Comparison: New Build Mortgage LTV Options
Nationwide
New Build Houses: Up to 90% LTV
New Build Flats: Up to 75% LTV
Skipton Building Society
New Build Houses and Flats: Up to 95% LTV
Halifax
New Build Houses: Up to 95% LTV
New Build Flats: Up to 85% LTV
Santander
New Build Houses and Flats: Up to 95% LTV
Leeds Building Society
New Build Houses: Up to 95% LTV
New Build Flats: Up to 85% LTV
Virgin Money
New Build Houses: Up to 90% LTV
New Build Flats: Up to 80% LTV
Barclays
New Build Houses: Up to 90% LTV
New Build Flats: Up to 85% LTV
📊 **Not sure which lender suits you best? **Speak to an Expert
New Build Mortgage Process
Step-by-Step Guide to Securing a New Build Mortgage
Initial Consultation: We assess your financial situation and recommend suitable lenders.
Agreement in Principle (AIP): Obtain pre-approval to strengthen your purchase offer.
Property Valuation: We guide you through the valuation process and manage lender requirements.
Mortgage Offer: Finalize your mortgage deal and prepare for completion.
Completion and Handover: Move into your new build home with peace of mind.
Handling Mortgage Offer Extensions
New build projects often experience delays. If your mortgage offer is due to expire, we work with lenders to request extensions, ensuring your financing remains secure.
Understanding Valuation Risks
New build properties can be overvalued by developers. We guide you through valuation processes and recommend lenders with flexible valuation criteria.
Developer Incentives and Their Impact
Incentives like paid legal fees, cashback offers, or free upgrades may affect your mortgage eligibility. We help you understand how lenders assess these incentives to avoid any surprises.
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Frequently Asked Questions (FAQs)
What happens if my mortgage offer expires before my new build is complete?
Why do lenders require higher deposits for new builds?
How do developer incentives affect my mortgage application?
What are the best areas in London for new build homes?
What is the Mortgage Guarantee Scheme?
How do developer incentives affect my mortgage application?
How does a 95% mortgage affect Stamp Duty?
Can I get a mortgage for a new build flat with Help to Buy no longer available?
What is a Agreement in Principle in London?
A agreement in principle in London (also known as an decision in principle) is a conditional offer from a lender stating how much they are willing to lend you based on your financial circumstances. While it is not a guarantee of a mortgage, it shows sellers in London that you are a serious buyer with potential financing.
How Long Does the Mortgage Application Process Take in London?
The mortgage application process in London can take about a week, depending on the complexity of your situation and the lender’s requirements. It involves submitting documentation, undergoing a credit check, and waiting for the lender’s approval.
Are there alternatives to 95% mortgages for low-deposit buyers?
Yes, alternatives include:
- Help to Buy: Offers equity loans to boost your deposit.
- Shared Ownership: Purchase a share of a property and pay rent on the remaining portion.
Are Your Mortgage Broker Services Free in London?
What Areas in London Do You Serve
We provide mortgage advice to first time buyers across all London postcodes, including Acton, Canary Wharf, Chelsea, Richmond, and more. Whether you’re looking to buy in North, South, East, or West London, Home Guru has local expertise to help you find the best mortgage deal. we proudly extend our expert mortgage assistance and advice across London including the following areas:
Acton W3
Barking & Dagenham IG11
Barnet EN4 & EN5
Battersea SW8 & SW11
Bayswater W2
Bexley DA5
Bexleyheath DA7
Brent Cross & Hendon NW4
Broxbourne EN10
Camden NW1
Canary Wharf E14
Canning Town E16
Chelsea SW3 & SW10
Chigwell & Hainault IG6 & IG7
Chiswick W4
Clapham SW4
Clayhall IG5
Colindale & Kingsbury NW9
Cricklewood, Dollis Hill, Childs Hill, Willesdan & Neasden NW2
Croydon CR0
Dagenham RM8, RM9, RM10
Ealing Broadway W5
Edmonton Green N9
Edmonton N9
EN6 Potters Bar
Enfield EN1, EN2 & EN3
Fulham SW6
Grays RM16, RM17 & RM20
Greenwich SE10
Hackney E8
Hampstead & Swiss Cottage NW3
Harlesden, Kensal Green & Wilesden NW9
Hayes UB3,
Herne Hill SE24
Hertford SG14
Hoddesdon EN11
Holland Park W11
Holloway N7
Hornchurch RM11 & RM12
Hornsey N8
Islington N1
Kensignton W8, W11, W14, SW5 & SW10
KIlburn, Queens Park & West Hampstead NW6
Lambeth & Southwarl SW2
Loughton IG10
Muswell Hill N10
Notting Hill W11
Peckham SE15
Purfleet RM19
Rainham RM13
Richmond TW9, TW10, TW11
Romford RM1, RM2, RM3, RM4, RM5, RM6, RM7
South Ockendon RM15
SouthGate N14
St Albans Al1
Stevenage SG1 & SG2
Stratford E15
Thamesmead SE28
Tilbury RM18
Tooting Broadway SW17
Upminster RM14
Waltham Abbey EN8 & EN9
Waltham Cross EN7 & EN8
Walthamstow E17
Wandsworth SW18
Wimbledon SW19
Woodford Green IG8
Leyton E10
What Fees Are Involved in Getting a Mortgage in London?
Common fees associated with obtaining a mortgage in London include arrangement fees, valuation fees, and legal fees. Some mortgages also have early repayment charges or exit fees. It’s important to understand all costs upfront to avoid any surprises when buying in London.