first time buyer mortgage? |
A mortgage is a loan secured against the value of a property to help you
buy a home, pay for home improvements or to cover many other sorts of
spending, for example, consolidating existing debts.
You can then choose whether to apply for a repayment or interest only
mortgage. With a repayment mortgage you borrow for a fixed term and your
repayments pay off the capital and interest. With an interest only mortgage
your repayments pay off only the interest and you pay off the capital at the
end of the term (for example with savings, a pension or an endowment policy,
etc).
How much you can borrow and the cost of your repayments will depend upon your
circumstances, the amount of time you take to pay back the loan and the type
of interest rate product you choose. Depending on your circumstances and
credit history, it may be possible to obtain a 100% or 125% mortgage, i.e. a
mortgage where you will not need to pay a deposit as a condition of the
mortgage.
Then why not contact us now, or ask us to contact you by clicking on the
button below? Regardless of your circumstances, we may be able to help you.
Or, you want a mortgage right now? Why not provide us with your details,
requirements, and specifications right away by
clicking here and completing a simple form. We, in return, will provide
you with a number of quotations selected from the entire range of mortgage
products available from all the lenders in the UK based on your requirements
and circumstances, after which we will advise you on the most suitable product
for you.

