Howdy folks! :)
We are finally taking the plunge and looking to buy our first home, therefore I have been doing my best to look into all of the different information and find the best mortgage deal for us and our situation.
Problem is, I am starting to get that feeling like when you are cramming for an exam and you are reading information but it just isn't sinking in :(
We have a deposit of 50k saved and are looking at houses within the region of 150k, so we will have an LTV of around 66.7%.
Most of the information which I have read seems to point towards fixing for five years being a good option as we are looking to get married/have kids and all that nonsense :p hehe.
Are there any mortgages out there which may be specifically suitable to us in our current situation? I was hoping that having a slightly larger than average deposit than usual might help us to get a better rate.
We have a combined yearly income of around 44k in total.
If anyone has any advice/suggestions it really would be hugely appreciated as ever! :)
We are finally taking the plunge and looking to buy our first home, therefore I have been doing my best to look into all of the different information and find the best mortgage deal for us and our situation.
Problem is, I am starting to get that feeling like when you are cramming for an exam and you are reading information but it just isn't sinking in :(
We have a deposit of 50k saved and are looking at houses within the region of 150k, so we will have an LTV of around 66.7%.
Most of the information which I have read seems to point towards fixing for five years being a good option as we are looking to get married/have kids and all that nonsense :p hehe.
Are there any mortgages out there which may be specifically suitable to us in our current situation? I was hoping that having a slightly larger than average deposit than usual might help us to get a better rate.
We have a combined yearly income of around 44k in total.
If anyone has any advice/suggestions it really would be hugely appreciated as ever! :)
