Search Coreco


Let’s start the adventure

We specialise in mortgages on newly built homes and deal with a huge amount of lenders who offer exceptional rates.

What can I borrow?

Lenders will look at how much you earn and your outgoings. As a general rule, multiply your income by 4.5 and you’ll get that magic number.

Which mortage?

This is where we come in. Our experts will find out all about you, your history and future plans, and let you know.

How we help

We don’t just pick a mortgage product, we will be by your side until you’ve turned the key in your front door. And we’ll even stick around afterwards (if you’ll have us).

So, how does it all work?

Your first home will likely be the biggest purchase you’ve made yet and the list of considerations is probably endless. But don’t be daunted, millions of people have successfully bought their dream home before you, and you can do it too.

First things first, you should work out how much you can afford. Viewing a £3,000,000 penthouse in Kensington sounds like fun, but if you can only afford £300,000 you might get your heart broken. Give us a quick call and we can give you an estimate on how much you can borrow or get number crunching yourself and use our range of mortgage calculators.

We can even help deal with the Help to Buy agents if necessary and get official approval for you if you are looking at this scheme, as well as arranging an Agreement in Principle (AIP) for you. This provisionally let’s you know how much a particular bank will lend you. When you’re ready to put an offer on a property, you can use the AIP to show the builder and estate agent that you are a serious buyer who has already considered their financial situation.

Call us on 020 7220 5110

One of the biggest obstacles between you and your first home is probably the deposit. The average first-time buyer puts down a 20% deposit but the good news is that there are a number of lenders that will accept a 10% or even 5% deposit.
Once you have worked out the amount you need to save, create a plan to reach this goal. If you know you need to save £20,000 and you want to buy in 5 years time, put away £333 each month. If this is out of your budget, then you need to reassess your goals and adjust your monthly payments accordingly.
Don’t forget that, if you qualify, the government will give you a 25% boost on your savings. Help to Buy ISAs and Lifetime ISAs are specifically designed to help you save for your first home. These ISAs can also be used in conjunction with the Help to Buy Equity Loan scheme. If you’re planning on buying a home in the next few years, we think this is a no-brainer.
Our experts can give you an idea if your goals are achievable and what you need to do to make sure your finances are in order.

When purchasing a New Build, especially if you are looking to finance this with a mortgage, there are a series of things you need to be aware of before you part with your deposit.

Luckily we are well versed in this type of transaction and we thought it would be useful to put some useful pointers together to make sure you’re ready to purchase your New Build Home.

Speaking to a Professional Mortgage Broker who is experienced in the New Build arena is the best way forward, as they will have a knowledge of not only how schemes such as Help To Buy work, but also how every lender works and which ones have the best products at any one time.

Going directly to a bank is fine, but they can only offer their own products which may not be the most suitable for you, or be able to move within your time frames. Builders often set challenging deadlines, often wanting you to exchange on the property well before completion, so you need to be sure about your mortgage finance.

We have access to thousands of mortgage deals from over 90 different lenders, often including exclusive products that are not available on the High Street. We know which of these lenders will lend on certain developments, whether they use valuers who understand the property, how quickly they can move and how long their mortgage offers are valid for.

We will ensure you are in the best position to proceed quickly and be at your side throughout the whole process, making sure that oft-forgotten items such as builders warranties, service charges and ground rent terms or even any resale covenants are thought about.

In some instances, especially if you are purchasing an Assignable Contract, you may need to use a specialist lender or a Bridging Loan initially. Many mainstream lenders will not be able to lend on this basis and this is where our experience is worth its’ weight in gold and can literally save you hundreds or thousands of pounds with the right advice.

Important information

Your home may be repossessed if you do not keep up repayments on a mortgage or any debt secured upon it.
A fee of up to 1% of the mortgage amount may be charged depending on individual circumstances.
A typical fee is £495.

Latest mortgage offers

We know you’re curious so we’ve picked out some of today’s best mortgage rates to give you an idea which lenders and interest rates could be available to you.

    Latest mortgage best buys

    Based on a property price of £300,000 with a £30,000 (10%) deposit

  • Initial rate

    Overall cost for

  • 4.7%
    then 7.65%
  • 4.9%
    then 7.49%
  • 4.99%
    then 7.49%

  • Narrow down the right mortgage for me


How much can I borrow?

Annual Salary (£)

Bonus (£)

New build properties guides

Check out our Mortgage guides to discover everything you need to know to speed up your mortgage application.


369 reviews


Paola Muller

"We worked with Alex from Coreco and our experience was amazing, he literally was the best..."

Read full review

Paola Muller
We worked with Alex from Coreco and our experience was amazing, he literally was the best part of the whole complex process. If you're a first time buyer you'll feel guided and taken care of, you can really feel that he cares! Cherry on the cake: He's the most responsive person I've ever dealt with!


"Hannah Lee gave us all of the advice we needed as first time buyers, and patiently..."

Read full review

Hannah Lee gave us all of the advice we needed as first time buyers, and patiently walked us through our mortgage process. We were given honest advice at all times and all enquiries were responded to quickly and professionally. Thank you Hannah

Sezen Sacik

"Alex Dowding from Coreco is a great mortgage advisor. You can fully trust that he will..."

Read full review

Sezen Sacik
Alex Dowding from Coreco is a great mortgage advisor. You can fully trust that he will get you the best mortgage deal possible. Very professional and practical.

Get in touch