Buying your first home is one of the most exciting things you can do. It can also be one of the most stressful. In today’s competitive property market, first time buyers have to work hard to meet the criteria that lenders set. There is a vast array of mortgages on the market offered by a wide range of providers which can be confusing. As it is such an important purchase it can be difficult to know where to start, this is where the friendly team from Limetree in Cambridge can help.

We have over 75 years’ industry experience and have a vast knowledge of the first time buyer mortgage market. As an independent financial advisor and mortgage broker we don’t have allegiances with particular lenders so you can be sure you will get the best deal available on the market that is perfect for you. We can help you understand the choices that are open to you and advise you on the best first time buyer mortgages that suit your situation.

As a first time buyer you may not be familiar with the buying process but there is no need to worry, we help you every step of the way and ensure you are kept informed at every stage. Before we begin researching first time buyer mortgages that will be available to you, we will work out how much you will be able to borrow. Then we will search the market and ensure you understand how the interest rates and different mortgage offers will affect your monthly payment.

Our friendly team can help you get onto the property ladder and hopefully help you avoid some of the stress involved. Their guidance will be invaluable and your own personal advisor will ensure your individual needs are met. Being a first time buyer has its advantages as, despite the difficulties currently being faced, there are great deals in the competitive market place and we are here to help you take advantage of them.

So if you are ready to take the first step to get into the property market today then call one of our friendly advisors who can help you reach your goal.

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Getting a Mortgage too Daunting for You? Read on!

Getting a mortgage is one of the biggest and scariest commitments you’ll ever make in your life. Once you’ve taken the plunge, it’s true you could be liable for an awful lot of money, but the benefits of having a mortgage can far outweigh the risks.

It can be tempting to stick to renting, there are definitely advantages involved. Relying on a landlord when things go wrong is a safety net for many, but it’s not always as easy as that. When you own your home, you’re the master of the ship. Nobody dictates what you can and can’t do with the place you call home. You don’t have to follow the rules set out in your tenancy. You can do things on your own terms.

You are entering into a big agreement with your mortgage provider, but looking around for the best rates often means you finish up paying for less for your monthly mortgage repayment than you would for your monthly rent. Financial freedom often comes from having a lower repayment and not being so restricted by your finances before payday.

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