Mortgage Advice for First Time Buyers, First Time Buyer Mortgages and First Mortgage Advice

First Time Buyers Mortgages

Interest-free Start Mortgages

Interest Free Start Mortgages – What are they?

With ‘Fresh Start', for example you can borrow 100% of the property value and there is no interest to pay for the first six months. Although the deal is marketed at divorcees, it is available to everyone including first-time buyers.


Interest Free Start Mortgages

The combination of a 100% mortgage and no interest to pay might provide some welcome relief when it comes to the initial costs of setting up your first home.


Interest Free Start Mortgages

The rate you pay when the 0% deal ends is not competitive and you will be tied in for the remainder of a five- year period.


Lenders Specialising in Interest Free Start Mortgages

Offers change so i t's best to check what today's situation is like by speaking with a mortgage broker near you.


Interest Free Start Mortgages Advice

To find out which lenders are operating in this field and which is the right mortgage for you, seek no-commitment, friendly, specialist mortgage advice.


Features, advantages and disavantages of specific first time buyer mortgages:

100% Mortgages l Cashback Mortgages l High LTV Mortgages l Graduate Mortgages l Professional Mortgages l Mortgages with Parents l Guarantor Mortgages l Family Offset Mortgages l Mortgages with Friends or Family l Mortgages at University l Rent a Room Mortgages l Affordable Mortgages l Interest only Mortgages l Part Repayment Part Interest Mortgages l Interest-free Start Mortgages l Shared Ownership Mortgages l Poor, Adverse or Poor Credit Mortgages l Key Worker Mortgages l Shared Equity Mortgages l


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There's alot going on! What do you think?

Interest rates are low but could rise? Is this a good time to buy?

Yes
No

Varialbe rate mortgages go up if bank interest rates do. Which is your preference?

Fixed Rate
Variable rate

Interest only mortgages are cheaper but in the end you don't end up owning the property. Which is better?

Interest Only
Repayment

House prices are waivering. Do you think this is a good time to buy?

Yes
No

Shared equity mortgages allow you to buy a new home with 5% deposit and an equity loan through FirstBuy. What do you think?

Too complicated
Too expensive
Too risky

Rent to buy allows you to peg a property price, save towards a deposit and pay reduced rent. What do you think?

Works best in a rising market
Too complicated
Good option