Mortgage Hub
Anyone who’s ever bought a house will know the frustration that comes with saving for their deposit.
What is a deposit?
First things first, a deposit is a lump sum you pay upfront, letting you own part of the property outright. During the purchasing process it gives the seller reassurance that you are serious about the purchase.
As a first time buyer, the last thing you need is for the mortgage process to be complicated. You’ll have plenty running through your head with house viewings, budgeting and solicitors. Are you waiting for someone else? Are you supposed to be doing something? Have you forgotten something?
We ask our mortgage adviser the difficult questions…
The sale is agreed and you have a date for picking up the keys to your new home, that’s when you need to get organised.
What is a mortgage?
A mortgage is a form of borrowing (or home loan) used to cover the remaining cost of a house or flat after your deposit has been paid.
Searching for your property is the exciting part! We’ve got some quick tips to get you started
You've found your dream first home, you've got an Agreement in Principle from your first mortgage appointment and you've put in your offer on the house. Now it's time to make your mortgage official, but what happens next?