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Advice FTB related

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I have a deposit of 15k to 17k at max. The house i want to buy is likely to cost 100k meaning i will need to borrow 85k - 83k depending on deposit.

does anybody know of the best deals available in this situation?

thanks,

Dan

Comments

  • ACG
    ACG Posts: 24,555 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Yes....but it depends on your circumstances, its not a case of what the best deal is, its a case of whats available to you.

    you would be looking at an 85% deal either way, so you need to find one that will ensure you will be accepted. If you dont knwo where to look or dont want to, then its best you speak with a mortgage advisor.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • there seems to be lots available to me but im not sure what respresents value, if someone could give me a pointer i'd really appreciate it.
  • The_J
    The_J Posts: 1,250 Forumite
    You want advice on the biggest commitment you have ever taken, something you could have for the next 3 decades of your life having explained a mere 1% of your circumstances to a bunch of anonymous people online?

    Come on man, speak to a professional. Look online for a free broker if you are worried about cost.
    The J is a Financial Advisor-This site doesn't check anyone's status and as such any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Always seek professional advice.
  • ACG
    ACG Posts: 24,555 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Go on a few banks websites, have a look at what deals they have available - it should give you a pointer as to what you can borrow, how much it will cost, however based on your vague questions i do think its best you speak to an advisor.

    Obviously myself and other advisors on here are happy to help as are the general public, but you should still get professional help if your not confident.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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