Buying a property

We are often informed by the media that buying property, be it a home or investment property to let out, is one of the biggest financial commitments you will undertake throughout your life. On top of this the property buying process can be complicated and sometimes daunting, especially for first time buyers.


Usually, you will be looking to part finance the purchase by borrowing money. We all know this as the mortgage. The reality is that it is simply a loan secured on a house and should be treated that way. At any one time there are over 7,000 mortgage loans available, all offering something slightly different to each other.


You will also need to decide how to structure your repayments to the lender, be it on a Capital Repayment or Interest Only basis. The latter would require a savings vehicle to repay the lender and this would usually be an endowment, pension or Individual Savings Account. You will also need to decide the type of interest rate to use. This may be variable, fixed, capped, collared or discount, to name a few.


Your home may be repossessed if you do not keep up repayments on your mortgage.

For advice on mortgages we act as introducers.

For further information please call 0845 345 5060