Guide to Mortgages
First Time Buyer Options
Buying your first home and dealing with Estate Agents for the first time can be an overwhelming experience. We will act for you as your mortgage broker ensuring you receive advice you can trust and rely on. Your dedicated advisor will liaise with estate agents, lender, solicitor and insurance company, keeping you informed every step of the way.
This is a daunting prospect for many First Time Buyers, but there are a range of mortgage products available in today’s market:
Joint Applicants
Many First Time Buyers purchase their property with a partner, friend or family member. The second applicant does not have to appear on the title deeds of the property.
Guarantors
Some First Time Buyers receive financial help from family members, mainly parents. Lenders may consider a guarantor for a loan in order to make up a shortfall.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Typically we do not charge a fee, however if we do, depending on your circumstances it will be a maximum of £300.
With The Mortgage Shop, home ownership is a realistic goal. Call us today on Freephone 0800 028 60 70so we can explore the best ways to get you on the property ladder. Or to request a call from your local professional mortgage advisor click here.
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