First Time Buyers
Buying your very first property can be a pretty daunting experience. There is a lot to learn in a short period of time. The biggest issue in the current market is your deposit. Gone are the days of 100% plus mortgages. Some might say that's a good thing. Now, unless you have a guarantor, you will need a minimum of 10% as your deposit.
If you are a first time buyer it is important to consider using an independent mortgage broker. Your broker will guide you through the buying process, helping you to avoid the common pitfalls. As well as liasing with the lender the mortgage broker will be a point of contact for your solicitor as well as the estate agent and others.
Another area your mortgage broker will advise you on is protecting your home and mortgage. There are various insurances that do this task and they can be very confusing so it makes sense to take advice in this area. We advise on insurance from a number of different providers.
If you are a first time buyer and would like a chat without any obligation then please call us on 0845 643 4067. Alternatively you can fill in the form on our home page and we will call you back.
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Your home may be repossessed if you do not keep up repayments on your mortgage
Coleman Clough Mortgages is an appointed representative of Coleman Clough Investment Management which is authorised and regulated by the Financial Service Authority.Typically we charge £395 for advising on and arranging your mortgage but a fee of up to 1% of the loan may be charged depending on your circumstances.
Coleman Clough Mortgages, The New Barn, Home Farm, The Avenue, Esholt, West Yorkshire, BD17 7RH
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