mortgage advice for first time buyer

johnny4

right go easy as ive read loads of stuff on here about mortgages and it like sticking my head in sand

right i called at the local tsb for a little advice and they tryed to sign me straight up for a mortgage but iam looking for the best deal i can get but worried as its my first mortgage and dont want to get myself in a mess

can someone point me in the right direction or explane what would be the best way to go

cheers for any help/advice

johnny

MortgageMamma

you need to speak to a whole of market fee's free adviser

They will usually have access to the whole of the uk marketplace for mortgages, although some will exclude banks that dont pay commission namely, britannia bs, hsbc, egg, direct line, ing direct, yorkshire building society etc - you can ask a broker to include these in the research if you want to

the broker will take a lot of details from you regarding your personal situation and finances, and then advise you of a mortgage that matches your needs, they then deal with all the paperwork on your behalf and advise you of the purchase process

hope this helps

johnny4

have you a like or name of a good whole of market fee's free adviser

cheers for help

johnny

mountainchrisriver

Just briefly as an aside... johnny4... you need to remove the link in your signature as per the site rules... cheers...

johnny4

have you a like or name of a good whole of market fee's free adviser

cheers for help

johnny

specialangel

Hi,
Dont waste your money on high commissions and brokers fees etc, with a little bit of patience, you can bag the best deal if you do some thorough research on this site and moneysupermarket. Some lenders will lend more than others, but just be careful about what you borrow, its easy first time around to think you can afford the mortgage payment, but work out the 'real' costs involved first. Make sure you have enough behind you for the fees and work out your living expenses to ensure you can cover everything.
Good luck, its hard work but worth it to have your own home.

mountainchrisriver

Could always try London and Country... give them a google to find out more...

johnny4

cheers mountainchrisriver have rang them and just waiting on for them to get back to me on the best lender

cheers its hard when your new to this stuff and it a big jump

johnny

Lavendyr

OP, have a look here:

http://www.moneysavingexpert.com/mortgages/mortgage-guide

and here:

http://www.moneysavingexpert.com/mortgages/best-mortgages-cashback