Mortgage broker South Yorkshire - first time buyers
The mortgage market can be a scary place for first time buyers - find out how a
mortgage broker can help.
Have you decided it’s time to get on the property ladder? The rise in house prices
across the UK has meant that many people are struggling to buy their first home
- and if that includes you, it’s a good idea for you to get some advice from a mortgage
broker. South Yorkshire is no exception when it comes to house prices, and the possibility
of buying a property is a key issue for many young people.
First time buyers - hints and tips
One of the main benefits of talking to a mortgage broker is that you’ll get lots
of useful help and advice. Taking on a mortgage means taking on a huge debt, and
you have to be sure that you can afford to pay it back. If you have other debts
to clear as well, such as student loans or credit card debts, you must take these
into account, as a rise in interest rates will affect all of your loans and could
put your finances under strain. For that reason, it may be wise not to over-borrow
when you buy your first property, so that you can manage your repayments. An experienced
mortgage broker will be able to help you work out what you can an cannot afford.
Whole-of-market advice
The other good reason to talk to a mortgage broker, in South Yorkshire, or across
the country, is that it’s your best chance of accessing the whole of the mortgage
market. If you go to your local bank, you’ll only be advised on the product that
bank offers; if you go to a mortgage comparison site, you’ll only get the top few
hundred mortgages rather than the entire market. When you talk to a mortgage broker,
on the other hand, you’re giving them information about your current circumstances
and what you’re looking for - and this information will allow the broker to go to
the whole mortgage market to look for products that will suit you best. Whether
you’re thinking of buying a place with a partner or friend; you’re taking part in
a scheme where you’re only buying a percentage of the equity, or you’re taking on
the property with the financial backing of your parents, your broker will be able
to find mortgage products to recommend to you. The final decision is always yours,
and you won’t be pushed into one deal or another.
Move and Mortgage isn’t just a mortgage broker in South Yorkshire, but is dedicated
to offering you an alternative to estate agents when it comes to selling your home.
Set up an account, advertise your property yourself and stop paying estate agent
fees. Setting up your advert is free; all Move and Mortgage ask is that you consider
their advice when it comes to your next mortgage - but as appointed representatives
of Financial Ltd, which is authorised and regulated by the FSA, you can be sure
that you’re getting fair and impartial mortgage advice. Find out more about this
great opportunity to advertise your home free of charge by calling 0800 077 8225
or filling in our online enquiry form.
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