Bonney
Member
Registered: 14th Nov 04
Location: St Helens
User status: Offline
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I have been looking for a while now, I have started to pay off many of my monthly outgoings and the money I would have been paying out have split it down the middle, putting half into paying other things off, and the other half into savings.
Been keeping an eye on the house prices in the areas I would want to buy and seeing what goes for what, and what I could get for my budget.
Going to start and look at the different mortgages there are around and see which will fit best for me then go and seek some professional advice once the time is right.
Also for now I will be going for one on my own, think I have got to the age now where playing about with cars is a the wrong thing to be thinking about!
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AndyKent
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Registered: 3rd Sep 05
User status: Offline
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quote:
Originally posted by stuartmitchell
Plus, see the payments as savings and it's much easier to swallow! (the interest is the dead money so minimise that wherever possibe) 
Once you've got yourself sorted and know what payments are like then yeah, change the years down, but to start with there's no harm in keeping it cheap for yourself.
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stuartmitchell
Member
Registered: 24th Apr 04
Location: Kirkliston, Edinburgh
User status: Offline
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Thats exactly what we did too mate. Just to get an idea of payments etc. Hindsight is a wonderful thing lol!
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Jas
Member
Registered: 13th Oct 04
Location: Mid Wales
User status: Offline
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halifax do a 5% for first time buyers..
I'm saving for 10% and is the mrs
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chloe16v
Member
Registered: 29th Nov 07
Location: Rotherham
User status: Offline
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quote:
Originally posted by Jas
halifax do a 5% for first time buyers..
I'm saving for 10% and is the mrs
since when? my fella rang them up an they said they only do 90% and he has banked with them all his life
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baza31
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Registered: 19th Apr 03
Location: yorkshire
User status: Offline
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They dont do 5% , starts at 10% . I was in there yesterday talking about it too
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Russ
Member
Registered: 14th Mar 04
Location: Armchair
User status: Offline
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they may do 5% through brokers for first time buyers on certain properties
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stuartmitchell
Member
Registered: 24th Apr 04
Location: Kirkliston, Edinburgh
User status: Offline
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I saw HSBC doing 5% I think? rates will be truely truely awful though and I suspect a guarantor will be required.
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whitter45
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Registered: 15th Nov 02
Location: Norton
User status: Offline
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Nationwide potentially do 5% on there website but 6.2% rate
http://www.nationwide.co.uk/mortgages/interestrates-types/rates.htm?buyerType=ftb&propertyValue=200000&mortgageAmount=195000&mortgageTerm=25
Their process is pretty strict however in terms of eligibility to borrow
[Edited on 31-08-2012 by whitter45]
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chloe16v
Member
Registered: 29th Nov 07
Location: Rotherham
User status: Offline
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newcastle bc do 95% mortgages as do yorkshire bank
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