Mortgage Advice for First Time Buyers, First Time Buyer Mortgages and First Mortgage Advice

FirstRungNow.com

About FirstRungNow.com - the UK's foremost website for first time buyers

The FirstRungNow.comĀ first time buyers' website was set up in 2003 for the express purpose of helping first time buyers find their way to buy a first home.

The whole business of buying a place for the first time puts a real strain on your finances. A lot of people find they can't make that first step onto the property ladder because of these initial 'start up' costs, or they are worried about taking on too large a mortgage. Many buyers are put off by the cost and the complicated paperwork that comes with property ownership.

Here at FirstRungNow.com we provide first time buyers with all the information they need to find out how to take that first step onto the property ladder. For many, the way forward may be through joint ownership or a shared ownership scheme. Maybe a call to parents is needed!

The comprehensive information we give can help you decide whether one of these options could be the way forward for you.

We are not financial advisors and do not give financial advice or legal advice, but work closely with experts in the field who can be accessed from the site.

Best wishes




Helen Adams CeMAP CeRGI
Managing Director, FirstRungNow Limited

Contact: info@FirstRungNow.com
Media contact: As above orĀ 07719 428548

See and hear more about our first time buyer website FirstRungNow.com by watching our Youtube clip.

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There's alot going on! What do you think?

Interest rates are low but could rise? Is this a good time to buy?

Yes
No

Varialbe rate mortgages go up if bank interest rates do. Which is your preference?

Fixed Rate
Variable rate

Interest only mortgages are cheaper but in the end you don't end up owning the property. Which is better?

Interest Only
Repayment

House prices are waivering. Do you think this is a good time to buy?

Yes
No

Shared equity mortgages allow you to buy a new home with 5% deposit and an equity loan through FirstBuy. What do you think?

Too complicated
Too expensive
Too risky

Rent to buy allows you to peg a property price, save towards a deposit and pay reduced rent. What do you think?

Works best in a rising market
Too complicated
Good option


 

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