With so much negativity surrounding the topic of first-time buyers getting a foot on the property ladder, First Mortgage wants to share their expert knowledge. The brokers provide accessible, no cost advice on all manner of mortgage related topics, including demystifying the range of help to buy schemes and assessing tailored mortgages products designed to help those saving for their first home.
For the first time since 1995, the number of first-time buyers now outnumbers home movers thanks to the impact of help to buy schemes. However, the first-time buyer market still remains slow, and First Mortgage believes that this is because many first-time buyers do not have access to the right advice or tailored support. With so many products on the market, finding the right mortgage or scheme for each buyer’s individual circumstances can be a minefield for the uninitiated with potentially expensive repercussions for those getting it wrong.
Antony Stackhouse, First Mortgage Sales and Operations Director said “Potential homebuyers can be forgiven for thinking home ownership is a bridge too far – particularly if you pay close attention to the news. It can feel like a property purchase is increasingly for older, wealthy people, with large deposits required and a complicated application process.
We know this isn’t the case, and there are more and more options available for first time buyers now. Lenders want to help and are progressively making it easier and more affordable to buy a first home. There are also a number of joint ownership schemes that can help newcomers to the market get on the property ladder. We’re here to unravel the jargon and help first time buyers through the complexities of a home purchase from start to finish.”
