Hello.
I have recently been viewing houses to buy. I have found a house which I like and would like to make an offer on however I am yet to make a move on any mortgages.
I am 23 years old and based on the value of the property and the deposit I currently have; my LTV ratio would be 86%-89%. I have been employed at my current company since the age of 17 and have no adverse credit. From looking at other articles here I believe I have everything in place to make me suitable to a lender.
I wanted to find a property I liked, obtain a decision in principle and then make my offer. From reading a few articles here I planned on progressing this through L&C however after calling them I am unable to do so.
This has left be a little uncertain as to exactly what my next steps should be. I'm unsure whether I should be looking for a broker or a mortgage advisor, and I'm also sceptical of the whole 'fee free' situation. I have been looking at mortgages myself and have found a couple that I believe look OK.
The main thing that concerns me is; obviously as a first time buyer I've not done this before. I'm unsure of the whole process of getting a mortgage and the paperwork etc involved once I apply. Ideally I'd like someone to be able to help me when it comes to deciding upon the right mortgage for me and completing the paperwork etc. Maybe I'm making this out to be something much more complicated than it is, I'm unsure..
Basically, I'd like some advice on what I should be doing next. Should I be looking for a mortgage myself? Should I be looking for a reputable mortgage advisor? Maybe both of the above?
Any advice will be very much appreciated.
Thanks for reading.
I have recently been viewing houses to buy. I have found a house which I like and would like to make an offer on however I am yet to make a move on any mortgages.
I am 23 years old and based on the value of the property and the deposit I currently have; my LTV ratio would be 86%-89%. I have been employed at my current company since the age of 17 and have no adverse credit. From looking at other articles here I believe I have everything in place to make me suitable to a lender.
I wanted to find a property I liked, obtain a decision in principle and then make my offer. From reading a few articles here I planned on progressing this through L&C however after calling them I am unable to do so.
This has left be a little uncertain as to exactly what my next steps should be. I'm unsure whether I should be looking for a broker or a mortgage advisor, and I'm also sceptical of the whole 'fee free' situation. I have been looking at mortgages myself and have found a couple that I believe look OK.
The main thing that concerns me is; obviously as a first time buyer I've not done this before. I'm unsure of the whole process of getting a mortgage and the paperwork etc involved once I apply. Ideally I'd like someone to be able to help me when it comes to deciding upon the right mortgage for me and completing the paperwork etc. Maybe I'm making this out to be something much more complicated than it is, I'm unsure..
Basically, I'd like some advice on what I should be doing next. Should I be looking for a mortgage myself? Should I be looking for a reputable mortgage advisor? Maybe both of the above?
Any advice will be very much appreciated.
Thanks for reading.