First Time Buyer

[Deleted User]

First Time Buyer.  Have began to view a few properties which includes one tomorrow which all being well I will place an offer on as it's on the area I want and in my price range.  Fingers crossed!

A few months I went to a IFA and got a mortgage promise and my top range is around £130K on a 27k salary rising to £30k later in the year.

 I would expected to have a deposit of around 13k in the next few weeks so I'll need a mortgage if around £117K.

The IFA I used I has just retired. So I need to view a new one if I need a mortgage application made.

IFA or deal directly with the banks?

Any other advice on solicitor fees etc? I have some cash in a saving account around £5K to pay for solicitor and first home essentials fridge etc ...is this enough ??

penners324

Find a mortgage broker.

They'll be far better than an IFA at this. Find one who only takes commission from the mortgage company not a fee from you.

ACG

Solicitors - £1300-1500 (if freehold) more if leasehold. 
Valaution - free-£700 depending on the level of report you want (valuation, homebuyers, structural). 

A broker will be on hand to answer questions along the way and you can pick their brains. I have had a whatsapp message at 7.30 this morning, answered it at about 8.15! The bank wont open until 9 I am guessing and then it is a call centre and that would involve the customer calling on her lunch hour probably... Brokers do have other benefits over banks. 

But its entirely up to you and what makes you feel most comfortable.