Because banks can access money at very low interest rates, you can get mortgages on your first home at very low levels. This means you are able to pay your mortgage off faster with low monthly payments.
To buy a £300,000 house, 5% would be a £15,000 deposit and 20% would be a £60,000 deposit. There is a huge difference in how much cash you have to put down.
The UK Government recognises that people should have a home and has put in place significant financial support to help first home buyers to take the first step onto the property ladder.
The first thing you need to achieve is to SAVE up a deposit. Life Assets offer a much higher interest rate to help you get on the property ladder faster. If you have a family member or friend that will provide security you may not need a deposit at all.
By representing you, the Buyer, we negotiate deals to help you buy your first home at the best price which is often substantially less than what you would obtain buying direct or through a regular agent. The same principle applies to obtaining good value in your finance, legal, and survey solutions.
Again, representing you as the buyer through our screened network of independent financial advisors, you have access to preferential mortgage products for first home buyers, as well as understanding what is important to you based on rates and terms so you get something that fits your lifestyle and goals.
Your life is busy and you have a choice of doing things the hard way or the easy way. We can help with the easy way and will co-ordinate and process all administrative tasks and application processes in one simple service and a single point of contact.