Call our Mortgage Brokers 01727 845500

Amy Kadir, Mortgage broker - St Albans is a popular choice for first time buyers

Tuesday 3 December, 2019

If you are looking to purchase your first home then contact our mortgage broking team in St Albans on 01727 855000 for expert advice.

Lonsdale mortgages do not typically charge a fee for their services, we receive commission from the provider except in instances where we organise additional borrowing for a client with their existing lender, as some providers do not offer commission.

Londoners look outside the capital for their first home

Recent research by Hamptons International shows that 4 in 10 London based first-time buyers are looking to buy outside the capital. The reasons given include expensive prices in London, the buying costs, and the high deposit required to purchase a home in London. Hamptons International concluded 39% of first-time buyers left London in the preceding year and many headed to counties on the outskirts of the M25, with Hertfordshire being particularly popular.

Why is St Albans popular with first time house buyers?

Hertfordshire is a popular place for first-time buyers because it is still close to London. St Albans is only 25 minutes from St Pancras International by train. It is a pretty Hertfordshire Cathedral city with a good supply of housing suitable for first-time buyers.  According to Hamptons International St Albans first-time buyers currently make up 47% of all house sales in the city, with the average first-time buyer paying £399,400 for their first home.

Amy Kadir, mortgage broker at Lonsdale Mortgages, St Albans, Hertfordshire said:

‘this research confirms our own findings, as many prospective clients contacting us are first-time buyers looking to purchase a home in local areas such as St Albans, Radlett, Park Street, Harpenden, Wheathampstead, Luton or Watford. They require general mortgage advice but want to discuss the type of mortgage most suitable for them. We review various types of mortgages including variable, fixed, capped or a discounted-mortgages, explaining the advantages and disadvantages of each type.  Our mortgage broking team in St Albans is well prepared and are used to checking the whole mortgage market before offering mortgage advice.   We help our clients find a suitable mortgage for their financial circumstances. We can also discuss other considerations, for example, how much deposit is required and the type of property and price a client can afford. We recommend all first-time buyers contact us as soon as they start searching for a new home because we can work with them so they understand the products and mortgage rates available and how much they can afford to borrow.’

Amy Kadir, member of the Lonsdale mortgages broking team continued:

‘Using a mortgage broker can help speed up your house purchase as we can work alongside you. When you have found a property, we can complete your mortgage application form and liaise with your mortgage lender to organise all relevant paperwork and arrange your mortgage survey.  We can also liaise with your solicitor, so you get your mortgage offer through as soon as possible. Our mortgage broking team in St Albans saves you time so you can concentrate on other priorities.’

In summary…

If you are a first-time buyer contact our Lonsdale Mortgages St Albans broking team now on 01727 855000. We offer a free initial mortgage advice consultation.’

'As a mortgage is secured against your home, it may be repossessed if you do not keep up the mortgage repayments'.


St Albans is popular with first time buyers

St Albans is popular with first time buyers

Book a consultation

Complete the form below and we’ll be in touch.


You voluntarily choose to provide personal details to us via this website. Personal information will be treated as confidential by us and held in accordance with the Data Protection Act 2018. You agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone.