First Time Buyers Need Advice Now More Than Ever
In July's Mortgage Introducer, Newcastle Intermediaries' Head of Mortgage Distribution, Steve Carruthers, discusses how now, more than ever, first time buyers should seek advice before attempting to make their first step on the property ladder.
Steve highlights the different government schemes which are available to first time buyers who are only able to muster a 5% deposit such as Help to Buy, the Equity Loan Scheme and the mortgage guarantee. However, the complexity of choice is also articulated and the need for those entering the property market to gain advice on their options is prominent.
The changing face of the first time buyer is also examined acknowledging there is no longer a generic set of characteristics but now also includes divorcees and those who have been made redundant.
Find the full story at http://tpghosting.co.uk/digital/mi/2016/july/ on page 8.