There are many choices for first time buyers to make, one of which is finding the most suitable mortgage and this can be daunting given the amount of lenders in the market. Each one offers different products with specific criteria that need to be met in order to qualify and they will all lend varying amounts and ask for a different level of deposit.
Your Start broker will assess your personal and financial situation and look at the whole UK mortgage market to find you the most suitable lender. They will then guide you through the whole process from when you first begin your property search to when you pick up the keys to your first home. First time buyers also need to think about which insurance products to take alongside the mortgage, to ensure that they are fully protected throughout the entire term. Your Start broker will call upon a diverse range of specialist insurers to ensure that you and your family have the best level of protection.
Your home may be repossessed if you do not keep up repayments on your mortgage.