Buying your first home around Banbury doesn’t have to be stressful. With the right plan and an AIP – Agreement in Principle up front, you can view with confidence and move quickly when you find the one. Sapphire Mortgages will map the numbers, compare lenders and manage the paperwork so you’re not left guessing.
Ready to start? Book a quick chat on our Contacts page, read what we cover on Mortgages, and meet your local adviser Maira Oliveira.
What determines how much you can borrow in Banbury
Income (salary, overtime, bonuses) and regular commitments
Deposit and LTV – Loan to Value band (lower LTV = usually better pricing)
Product type and term length (we’ll show the cost trade-offs)
Credit conduct and address history
Smart sequence (so nothing stalls)
AIP – Agreement in Principle arranged quickly so agents know you’re serious.
Offer accepted → full application submitted with tidy documents.
Valuation and underwriting (we manage the moving parts).
Mortgage offer issued → conveyancing and completion.
Typical costs (and how we keep them sensible)
Product fee vs rate (we compare whole cost, not just APR)
Valuation and legal fees
Searches and potential broker fees (transparent from the outset)
FAQs
Do I need 10% deposit?
Not always—5% may be possible (subject to status), though 10% often improves pricing.
How fast can I get an AIP – Agreement in Principle?
Often same day once we’ve checked your documents.
Will flats/new builds be tougher?
Criteria vary—we’ll align lenders to property type to avoid hiccups.
Next step: Speak to Maira Oliveira for a clean plan from AIP – Agreement in Principle to keys — visit Maira’s profile or use our contact form.
