| |
|
| First Time Buyer Mortgages |
|
 |
|
|
|
| The biggest financial commitment
you'll undertake is your first home. Your mortgage will probably be
the most important financial decision you ever make. Yet people jump
into getting a first time buyer mortgage without ensuring that they
have the most suitable mortgage product for their own personal requirements.
The wrong decision could cost you thousands of pounds over the life
of your loan. |
|
|
| The UK mortgage market is very
competitive and there are in access of 10,000 deals from which to
choose. Because of this, choosing the right mortgage can seem a never-ending
task for the first time buyer. |
|
 |
| This is where RT Financial can help you! |
|
| Where can I get independent advice |
| We can advise you on the best mortgage provider
and mortgage product for your personal requirements. We can either
provide you with a first time buyer mortgage quote, telephone you
to discuss your first time buyer requirements and even arrange a face
to face meeting in your own home or at work with a local independent
mortgage adviser. |
|
| There are currently around 2,000 different
first time buyer mortgage deals available, so RT Financial are available
to ensure that you receive the best advice on finding and securing
the most competitive mortgage deal available to you. It is of great
importance to obtain independent advice from a fully qualified independent
mortgage advisor, who works for you and not the lender. |
|
| How much can I borrow? |
| Even Northern Ireland property
is still a gamble, even though most people make money on their home.
This is why it can be dangerous to borrow too much. No matter how
attractive owning rather than renting a property is, buyers should
beware of becoming financially overstretched. |
|
|
| What deposit will I need? |
|
| Northern Ireland has become fixated
with house prices and it's unsurprising that young people are so keen
to get started on the housing ladder. However, due largely to the
rising house prices that make home ownership so appealing, many first
time buyers simply can't afford to get together a deposit of a sufficient
size to meet the loan to value requirements on most mortgages. If
you are one such borrower then don't worry because help is at hand.
100% mortgages can usually be offered with many types of mortgage
rate options - fixed, capped or discounted rates for example. 100%
mortgages can provide a helpful stepping stone to get you started
on the property ladder, especially as we have some of the lowest rates
around for many years. |
|
