First Time Buyers Mortgage Glossary

First time buyers mortgage glossary

First-time buyers are often faced with lots of jargon and unfamiliar terminology, so here is a round up some of the most common terms and phrases in one handy guide. This isn’t a comprehensive list but should be enough to get you started. Don’t forget your mortgage broker is always on hand to go over…

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Do you have to use an estate agents mortgage broker?

Do you have to use an estate agents mortgage broker

After the recent BBC Panorama documentary where a reporter went undercover at one of the UK’s biggest estate agents to investigate claims that it’s not acting in the best interest of the customers, we thought it was the right time for us to highlight a few truths for our clients and prospective clients. No, you…

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Why choose a broker when applying for a mortgage

Why choose a broker

Applying for a mortgage can be an intimidating prospect. Where do you start looking? What product best suits your needs? How do you get your head round all the paperwork?  One way that may make this daunting process a little easier is to use a mortgage broker.  A mortgage broker provides you with invaluable help…

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Myths of the mortgage market 

Applying for a mortgage

Applying for a mortgage can be a daunting prospect for some. But how many of your anxieties are fuelled by misconceptions and myths? 
 
Our mortgage advisers often hear from people with concerns that are totally unfounded; they’re simply not based on truths.  

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Making an offer on a house

You’ve seen a potential new home, it’s in budget and you want to know what to do next. Don’t make an offer just yet. Here’s what we advise.  First step, look on Rightmove and other property sites to find out what the average house prices in that postcode/area. The figures won’t be perfect, but if…

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The Pros and Cons of an Interest only Mortgage

The Pros and Cons of an Interest only Mortgage.

An interest only mortgage can be very appealing to homeowners who have other large outgoings. This type of mortgage has its own set of advantages and disadvantages, and these should be considered before making your final decision. Here’s a quick breakdown to give you an idea of the positives and negatives:  Pros:  1. Lower Initial…

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