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

First Time Buyers News

 

22-May-2013
First time buyer mortgage rates are falling, especially for those who have smaller deposits.
20-May-2013
Industrial analysts are suggesting that mortgage advice for first time buyers may be needed after asking prices for homes in London rose by 3.3 per cent in May to £509,870.
17-May-2013
Money-saving tips for a home deposit
16-May-2013
What are shared equity mortgages?
15-May-2013
The number of first time buyer mortgages rose by 20 per cent in March
13-May-2013
A fifth of first time buyers are still choosing to 'mortgage squat',
10-May-2013
The first quarter of 2013 has created perfect conditions for first time buyers
02-May-2013
House prices have fallen by 0.1 per cent in April
01-May-2013
House prices saw a 0.2 per cent rise in Wales in April

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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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