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First Time Buyer

Hi,

I'm a single 27 year old first time buyer and am currently living with my parents in order to build up my deposit and I'm on £20k a year.

I currently have £26k saved, and would be looking to purchase a property around £110-115k, can anyone suggest a good mortgage currently available which would suit me? Thanks.

Comments

  • black_taxi_2
    black_taxi_2 Posts: 1,816 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    http://www.moneymadeclear.org.uk/

    heres a good site

    when you go to camparison tables--also look at fees/charges

    go for a repayment mortgage(no penalties for o/p)

    also get a mortgage company where it allows you to look/interest monthly charges/make payments online.

    HSBC is excellent--you dont need to hold a bank account with them(£10 a month--which many on-line bank charge)just a mortgage account which i hold
    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
    credit union £400
    emergency fund£500
    #81 save 2018£4200
  • black_taxi_2
    black_taxi_2 Posts: 1,816 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
    credit union £400
    emergency fund£500
    #81 save 2018£4200
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