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New to Mortgages
Ash_FT
Posts: 1 Newbie
Hello,
Sorry if this has all been covered but there are SO many different posts I am losing track!
I am 24 and still at home and saving for a deposit. I have a really good credit history with no debt.
I'm living in Scotland and have been looking at first time buys, I've noticed the 95% mortgage - do I stand a chance and what's the catch? I have alos looked at the shared equity scheme - are these recomended? I barely have anything saved but I am hoping in the next 2 years (hopefully less) I will be in a position. I am aiming for 10% deposit before considering the big leap.
Thanks for any help
Sorry if this has all been covered but there are SO many different posts I am losing track!
I am 24 and still at home and saving for a deposit. I have a really good credit history with no debt.
I'm living in Scotland and have been looking at first time buys, I've noticed the 95% mortgage - do I stand a chance and what's the catch? I have alos looked at the shared equity scheme - are these recomended? I barely have anything saved but I am hoping in the next 2 years (hopefully less) I will be in a position. I am aiming for 10% deposit before considering the big leap.
Thanks for any help
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