Demand for first time buyer mortgage advice increases.
With the end of stamp duty holiday and the introduction of new first time buyer mortgage products, the demand for mortgage advice is increasing.
Some lenders have introduced first time buyer mortgage incentives such as part payment of stamp duty and cash-back, and some have signed up to the NewBuy scheme.
According to unbiased.co.uk first time buyer mortgage advice enquiries rose by 2% between March and April this year, reflecting the need for more guidance in an increasingly tightened mortgage lending environment. Lenders rising mortgage rates and tightened lending criteria are putting increased pressure on those wanting to get a foot on the property ladder
Searching the entire UK market for the most competitive product on offer, understanding all of the mortgage jargon and working out which is actually the most affordable deal, can be a confusing and time consuming process for in-experienced first timers.
Making a mistake and signing up to the wrong deal can be costly in the long run, therefore professional advice is essential to prevent mistakes from happening.
Deal Direct offer independent mortgage advice and will only recommend a mortgage product that is both affordable and suitable for you.
For first time buyer mortgage advice and the most competitive products on offer contact Deal Direct today.
