First Time Home Buyer
Being new to the mortgage market can be daunting, especially if you are a first time home buyer as buying your first home is a major undertaking. As you take on the biggest financial commitment you will ever undertake, ensuring that you find the right mortgage deal for you is crucial.
There are literally thousands of mortgage deals to choose from for first time home buyers, which is actually great as it means prices are competitive. As a first time home buyer it also means that the mortgage market place is incredibly confusing.
You will hear many terms and plenty of jargon bandied about: "fixed rates", "capped rates", "trackers", the list goes on. See 'Glossary of Mortgage Terms' for an explanation.
How do you know which deal will be best for you?
Will an adviser try to sell you the wrong mortgage just to get commission? Are endowments the root of all evil? What is an ISA mortgage? Should I take out a pension mortgage? There are so many factors to take into consideration that you may well have your head in your hands by now. At Mortgage Compare Limited, we will help you with all your questions with informative advice - leaving you with full confidence that you have chosen the right deal.
We also realise how difficult it can be to step onto the property ladder. Our flexible approach to your needs means that our brokers have the ability to ensure that we find the best deal for you from our panel of lenders - whatever your situation.