First Time Buyer
First Time Buying a house can be very exciting but it can also be very daunting and nerve-wracking. At Iceni Financial Advisers, we understand how stressful it can be. There are many different mortgages available to first time home buyers depending on the amount of deposit available to purchase your first property. The current minimum deposit required is 5% of the property value. The bigger the deposit the better the chances of obtaining a competitive mortgage deal. Our mortgage advisers will guide you through the entire process, providing you with not only mortgage advice in an easy to understand way, but also taking you through the house buying process and finding you the best deal.
Some of the things to consider before purchasing your first property are:
How much deposit to put down?
What can you afford to repay each month?
How much to borrow?
Budgeting for all the other costs involved in purchasing a house such as stamp duty, legal fees, survey fees, land registry fee, insurance costs
Finding the right mortgage
If we can help make what may well be the largest financial commitment in your life as smooth and stress-free as possible, please let us know. We are here to help!
Your home may be repossessed if you do not keep up repayments on your mortgage.