Buoyant First Time Buyer market

The First time Buyer market is currently very buoyant and we’ve asked Andrew Brown, who is one of the owners of Bennison Brown Mortgage Brokers, to let us know what support they can provide to clients thinking about buying their first home.

Bennison Brown are based on the Isle of Dogs close to Alex Neil's three offices in Canary Wharf & Docklands, South East London & Kent and East London & Essex and they specialise in helping clients find the most suitable mortgage. We can connect you with them, all you need to do is get in touch and we'll take care of the introduction.

Andrew explains “many clients who are looking to make their first purchase will not be familiar with the key steps and factors that can influence obtaining a mortgage."

"When we launched Bennison Brown we were very clear that we would make a significant upfront investment in helping clients, sometimes months, before an actual application would be made. We find this a very different attitude to many brokers who are sometimes only interested in helping clients when they are ready to proceed."

"We pride ourselves on our ability to simplify the process and clearly explain the different steps that will need to be followed. We can also assess clients current circumstances and advise what is possible to do immediately or perhaps in the medium term so clients are clear on what deposit and earnings are required to be able to afford the property they would like to buy and make themselves more attractive to lenders."

"As well as equipping clients with knowledge we can also give them confidence that they can afford the type of property they are looking for. My final recommendation is to always speak to a whole of market broker rather than a single bank. A broker is highly likely to find you a better deal, can provide expertise as well as managing your application through what can be a complicated process."

"All of our advisers are trained to talk you through government schemes such as Help to Buy and Shared Ownership, as well as staying up to date with changes in the market. This will help you understand all the options open to you and find the suitable solution for your circumstances."

Written by Alex Neil

Industry awards

Take confidence that you are engaging an award-winning agent as we’ve been recognised by allAgents and The British Property Awards. Five star satisfaction levels show that 97% of our previous customers thoroughly recommend us.

Property valuations

Establishing the sales or rental value of your property can be defined during our Property Appraisal and Valuation service. Our experienced valuers will advise you over pricing, the market, alongside a defined and proactive marketing strategy.

Tailored marketing

Our tailored multi-channel marketing approach encompasses exposure on our website and promotion utilising our social media channels. We further promote properties using the top property portals as we strive to achieve the best price.

Our credentials

Alex Neil are members of The Property Ombudsman Scheme, so rest assured your dealings are with a professional and regulated agency. Vendors and landlords can place their confidence in our buyer and tenant offer verification procedures.

Featured Properties

Fees

Tenant Information

Refundable Holding deposit - 1 weeks rent

Security Deposit 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent - The agreed monthly rent

Changes to tenancy - £50 inc VAT

Early termination charge - Not exceeding the landlord’s financial losses

Late payment of rent Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue

Replacement keys - Reasonable costs

Utilities, council tax, communication services, TV Licence etc Tenants own responsibility unless otherwise stated

Client Money Protection Scheme Membership details Alex Neil are members of CMP (client money protect)

Property Redress Scheme Membership details: Alex Neil are members of The Property Ombudsman. Membership number N00018.