We all want to make that exciting big step and buy our own home, but knowing where to start can be the hard bit. The world of mortgages can be a minefield to the unexperienced and getting a mortgage can become a challenging process.
Advance Mortgages pride ourselves in making things as simple as possible from the very beginning by making sure you know what is affordable before you take that leap.
So where do you start?
The first step is speaking to an expert. We will need the following information to assess your affordability, when you call:
- Your income
- Your Outgoings & Commitments
- Amount of deposit you have (this can come from your own savings or a gift).
You can buy a property with as little as 5% deposit, however, the amount of deposit you have will impact the mortgage interest rate you will get.
There are different schemes available to support First-time buyers jump on the property ladder. Advance Mortgages can help you understand the benefits of each of the schemes guide you in the right direction.
Call Advance Mortgages for more info!
