First Time Buyer
Your First Home...
When you buy your first home it's important to deal with someone who is properly qualified to advise - and they will make sure you choose the most suitable mortgage to meet your current needs and circumstances.
 Perhaps you have saved up for a long time to cover the cost of the deposit, stamp duty, survey, solicitors fees and all the other expenses that come with buying a house. If that's you, then the size of the deposit will be one of the factors that will dictate which schemes are available and the interest rates charged.
Of course, you might not have enough saved for a deposit - perhaps you have been renting or spending your cash on other priorities. There are many first time buyers who fall into this category - they feel that they can afford the monthly cost of a mortgage but simply don't have enough for a deposit and all the other costs.
If that's you, it may not the end of the world - there is a small number of lenders who recognise how hard it can be to get on that first step of the ladder, so they may be happy to lend 100% of the purchase price. You would however require a guarentor to be able to achieve a loan of 100%.
The next step...
It doesn't matter which category you fit into - but you do need to be aware that every lender has their own lending rules to help them decide who they will lend to, how much they will lend, what proof of income they require and how they will treat people with a less than perfect credit history.
All you need to do is phone us on 01282 420334 (9am - 5pm, Monday - Friday) or click on Contact Us so that you can receive professional, unbiased advice. We can arrange everything for you - even help you complete the paper work!
Your property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it. The Financial Services Authority does not regulate some aspects of buy-to-let mortgages or secured loans. The overall cost for comparison is 6.9% APR.
Pacific Financial Services (North West) 150 Briercliffe Rd Burnley Lancs. BB10 2NZ is authorised and regulated by the Financial Services Authority We are entered on the FSA register No 302245 at
www.fsa.gov.uk/register
. There may be a fee for mortgage advice, the precise amount will depend on your circumstances but we estimate that it will be £145.You have the option to pay us a fee and receive any commission which we are paid by the lender. The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
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