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First Time Buyer Mortgage Advice

Nitewalker · 2010-04-15 08:14:09

Hi, My girlfriend and I are looking to purchase our first house very soon and have seen a new build property which is valued at £295,000. Obviously we shall try and negotiate the price down a little however we are a little clueless when it comes to the best options available for a mortgage. We are both in full time…

Comments

Thrugelmir Posts: 89,546 Forumite

18 April 2010 at 2:59PM

Nitewalker wrote: »

£295,000 for a FTB is alot of money but so is £60,000 deposit which by the time the house is completed will be £68,000.

Be more committed to raising a deposit. £8k saved in 8 months out of a combined salary of £60k doesn't seem very much.

If you really want to do buy this property, then its up to you to make it happen.

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