First Time Buyer Mortgage Advice
The steady increase in the cost of renting accommodation over recent years is attracting many people to consider purchasing a property for the first time. For first time buyers, mortgage hunting can be stressful and confusing particularly with the stringent requirements of the lenders nowadays.
With Search Mortgage Solutions you will talk to a mortgage expert who can review your eligibility for the many different schemes designed to help you with the first difficult step to becoming a home owner. Terminology such as shared equity, affordability, credit profile, lending criteria, fixed rates, trackers, etc, are confusing for most first time buyers and professional help is strongly advisable.
Undoubtedly, the internet is a great source of information on all types of mortgages but to try to navigate through the myriad options without expert advice and assistance is really daunting and a potentially dangerous task.
Unlike banks and building societies we are authorised to search the whole of the market on your behalf to ensure that you get the most suitable first time buyer mortgage to fit your specific needs according to your personal circumstances and eligibility.
Protection insurance is strongly recommended for your peace of mind. Please refer to our separate web page ‘Mortgage Protection Insurance’ which gives details of how we can help with this.
Search Mortgage Solutions are specialists in arranging shared ownership and shared equity mortgages. For more information please call one of our mortgage advisors on 0800 756 7794.