First Time Home Buyer

First Time Home Buyer

Being new to the mortgage market can be daunting, especially if you are a first time home buyer as buying your first home is a major undertaking. As you take on the biggest financial commitment you will ever undertake, ensuring that you find the right mortgage deal for you is crucial.

There are literally thousands of mortgage deals to choose from for first time home buyers, which is actually great as it means prices are competitive. As a first time home buyer it also means that the mortgage market place is incredibly confusing.

You will hear many terms and plenty of jargon bandied about: "fixed rates", "capped rates", "trackers", "Aussie mortgages", the list goes on. See 'Glossary of Mortgage Terms' for an explanation.

How do you know which deal will be best for you? Will an advisor try to sell you the wrong mortgage just to get commission? Are endowments the root of all evil? What is an ISA mortgage? Should I take out a pension mortgage? There are so many factors to take into consideration that you may well have your head in your hands by now. At Homebank Financial Services, we will help you with all your questions with informative advice – leaving you with full confidence that you have chosen the right deal for yourself.

We also realise how difficult it can be to step onto the property ladder, our flexible approach to your borrowing power means that our brokers have the ability to ensure that we find the absolute best deal for you from our panel of lenders - whatever your situation.

If you are a first time home buyer and you want jargon free advice please call us on freephone 0800 052 3604 or Click Here to contact us.

The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.

Homebank Financial Services Limited is an appointed representative of The Willow Tree Management Company UK Ltd which is authorised and regulated by the Financial Services Authority.
Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured on it.
For mortgage related services the fee will typically be 1.79% of the mortgage advance applied for, minimum fee of �750. In addition, there may be a valuation administration fee of up to 0.7% of the loan amount. For example if you take out a loan of £50,000 you will need to pay a total of up to £1,245; comprising of the broker fee of £895 and the valuation administration fee of up to £350. This in addition to any commission we may recieve from the lender. Broker fees may be added to the mortgage.

Not all Buy To Let mortgages are regulated by the Financial Services Authority
Adverse Credit - The overall rate for comparison is 9.2% APR. The actual rate available will depend upon your circumstances. Ask for a Key Facts Illustration
Right To Buy Mortgages - The overall rate for comparison is 8.9% APR. The actual rate available will depend upon your circumstances. Ask for a Key Facts Illustration

CURRENCY MORTGAGES - CHANGES IN THE EXCHANGE RATE MAY INCREASE THE STERLING VALUE OF YOUR DEBT.
Homebank Financial Services Limited is entered on the FSA register under reference number 464724, as an appointed representative of The Willow Tree Management Company UK Ltd, who are also registered under the FSA register under reference number 310569.

View our mortgage products, Click Here

Advantages of a Mortgage Advisor:

Mortgage Experience
With over 3,500 mortgages available we'll help you find the most suitable mortgage rate for you

Wide mortgage Choice
Impartial advice, so you get the most suitable mortgage deal for your situation

Getting the most suitable mortgage rate is simple
Get us to do the work and we will find you the most suitable mortgage rate available for your chosen mortgage.

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