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Contrary to popular belief, it has never been ‘easy’ for a first time buyer to get on to the property ladder as historically the level of deposit required made it difficult for young people to acquire the funds for even modestly priced property.
The increases in property prices of recent years has added to the issue of affordability, but many lenders have recognised the needs of the first time buyer who is unable to bring equity from previously owned property to the party.
There are range of options available today for first time buyers and we would be delighted to advise on the most appropriate solution for your circumstances.
As a special incentive for first time buyers, Crosby Mortgage Solutions will be pleased to waive our broker fee if we arrange your first mortgage.
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Crosby Mortgage Solutions does not charge for an initial consultation meeting. If you do appoint us to arrange your mortgage our typical broker fee is £299, however it could be as much as 1% of the loan amount, £299 payable on application and the remainder payable on completion. The precise amount will depend on your circumstances.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Crosby Mortgage Solutions Limited is an Appointed Representative of First Complete Limited which is authorised and regulated by the Financial Services Authority.