The prospect of purchasing any home, especially your first home, can be very bewildering and intimidating. Our main objective is to support you through the whole of the process, from beginning until end, to ensure that you fully comprehend everything to do with the purchase. We will assist you in choosing the right solicitor to aid you with the process. As this investment is a great amount, it is important that everything be done efficiently.
Previous to the credit crunch, as the property market was forever moving, there were substantial increases in both residential and commercial property prices. Especially as a first time buyer, this made the affordability of buying a new home very difficult to meet. However, as a result of the 2007 credit crunch, purchase prices rapidly decreased in the UK. This meant that buying a new home was much more affordable. Since late 2013, the housing market has been rising which therefore means that the housing prices have started to rise again. The impacts of the credit crunch and the ongoing global financial uncertainty means that mortgages might still be challenging to find and we believe borrowing criteria will more than likely remain harsh. In order to meet your requirements and find a mortgage that is appropriate, we will search a comprehensive range of mortgages across the market to find the right lender for you.