‘Seek mortgage advice before buying’
First-time buyers have been told to seek mortgage advice before purchasing bricks and mortar.
Financial advice firm Fair Investment released a statement this week, calling on people to do their research prior to getting on the property ladder.
It warned against "jumping in head first" and encouraged buyers to seek as much guidance as possible when looking for mortgage products.
The advice comes in the month that Abbey, Co-operative Bank and Lloyds TSB all revealed news of new mortgage products for first-time buyers.
Chartered financial planner at Fair Investment Sharon Bratley said: "It is about time that the big name high street lenders started offering competitive first-time buyer mortgage deals."
Halifax recently said that it is the best time for first-time buyers to purchase a house since the start of 2003 - although the financial services provider suggested they should wait for prices to drop further this year.
To book your free initial consultation with mortgages for professionals click here.
Financial advice firm Fair Investment released a statement this week, calling on people to do their research prior to getting on the property ladder.
It warned against "jumping in head first" and encouraged buyers to seek as much guidance as possible when looking for mortgage products.
The advice comes in the month that Abbey, Co-operative Bank and Lloyds TSB all revealed news of new mortgage products for first-time buyers.
Chartered financial planner at Fair Investment Sharon Bratley said: "It is about time that the big name high street lenders started offering competitive first-time buyer mortgage deals."
Halifax recently said that it is the best time for first-time buyers to purchase a house since the start of 2003 - although the financial services provider suggested they should wait for prices to drop further this year.
To book your free initial consultation with mortgages for professionals click here.
