First time buyer? You may be able to borrow more than you think

/ Aug 27, 2019 / No Comments / In Blog / By

Looking to get on the property ladder? You may be able to borrow more than you realise.

Latest News: Bank of Mum and Dad one of UK's largest lenders.Hardly surprising given house prices and rent rates. As a First Time Buyer, it can seem like an impossible task to actually get the funds together to get on to the property ladder. But often this isn't the case and achieving your goal is easier than you might think.Our Commercial Director, Matt Chapman, explains why First Time Buyers are often pleasently surprised by how much they can borrow and what kind of houses are within their grasp. If you're looking to buy your first home and need help and support, get in touch. 651 291YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPYAMENTS ON YOUR MORTGAGE.

Posted by Plus Mortgages on Tuesday, 27 August 2019

Bank of Mum and Dad continues to be one of the UK’s largest lenders. This is hardly surprising considering house prices, rent rates and how hard it can be to save your deposit.

This is leaving First Time Buyers feeling like they have very few options and they’re turning to Mum and Dad for financial support.

Thing is, there’s definitely a place for this kind of financial support but many of our customers, particularly First Time Buyers, are surprised how little deposit they need and how much they can borrow.

It always pays to speak to a qualified Mortgage Adviser who can guide you through what you can borrow and the alternative options available to you.

Tomorrow, I’ll be explaining why it’s potentially a very good time to buy!


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