In 2014 the Financial Conduct Authority introduced new rules in an attempt to tighten up the mortgage market, to ensure that both lenders and borrowers could work together to create realistic individual lending. Known as the Mortgage Market Review, potential borrowers will have to undergo a three-hour interview touching on

The Question …. The Answer …. Hi Gemma, Obviously every first time buyer has a different financial and personal situation to the next. That is why it’s very important to speak with the experts. A mortgage broker or mortgage adviser will help you compare mortgage offers to identify a lender

The Question …. The Answer …. Hi Steve … Thank you for your question. This is quite a common question asked by both first-time buyers and those experienced with the ins and outs of the residential property market. In short, and I cannot emphasise this enough, a valuation is not

The Question …. The Answer …. Hi Dominic … Thank you for your question. It’s actually a very popular topic of conversation and one that is not often very clear for first time buyers. In short the answer to your question is NO. You DO NOT have to use the

The Question …. The Answer …. Hi Roman, Applying for a mortgage can be a daunting especially when you want to buy a property for the first time. First time buyers can often be thrown by the need to get on the property ladder as the average mortgage now taken

When purchasing a property for the first time, the deposit often seems like the most difficult obstacle to overcome. After all, even with the Help to Buy scheme, a 5% deposit on a £150,000 property currently stands at £7,500. Unfortunately, with legal fees, stamp duty, and removal costs to consider,

The First Time Buyer Home Show – Autumn 2015 is a one-stop shop to help first time buyers buy their dream home and step on the property ladder. Produced by First Time Buyer magazine, exhibitors include property developers, housing associations, solicitors, financial advisors, mortgage consultants and interior experts. What’s included

When you buy a property in the UK, that transaction can be subject to a tax from the UK Government. The tax is based on the property purchase price and is commonly known as Stamp Duty or Stamp Duty Land Tax (SDLT). It is applicable to all purchases of houses,

The First Time Buyer Home Show is a one-stop shop to help first time buyers buy their dream home and step on the property ladder. Produced by First Time Buyer magazine, exhibitors include property developers, housing associations, solicitors, financial advisors, mortgage consultants and interior experts. Who will be there and

As a First Time Buyer, it’s good to attend events and property exhibitions to gain a greater understanding of the homebuyer journey, but also to meet some of the property experts such as estate agents, mortgage advisers, solicitors and conveyancers, insurance brokers, builders and developers and more. Help To Buy