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Mortgage Line Blog, for the latest property and mortgage news

First Time Buyer

Home Buyers Tips for 2010

Posted on by Stephen Hamilton

If you are thinking of buying a property in 2010 then you need to make sure you avoid the following 5 common mistakes. 1/ Getting too many mortgage quotes As a general rule shopping around is a good idea but with mortgages it can sometimes be a bad idea to get too many quotes. When

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First Time Buyer, Mortgages
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Any Positive News for First Time Buyers?

Posted on by Stephen Hamilton

It is hard to find any positive news at the moment however things are looking up for First Time Buyers.Mortgage Brokers and customers alike are starting to get used to the new stricter lending policies of the Banks and Building Societies. During the Celtic Tiger years there is no doubt that the banks helped to

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First Time Buyer
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No Proven Repayment Capacity? No Mortgage

Posted on by Stephen Hamilton

92% mortgages are now the norm for First Time Buyers with many getting a helping hand from the folks. However getting your hands on the 8% deposit is not the only barrier to getting onto the property ladder. Prospective First Time Buyers are slowly but surely becoming more familiar with the phrase “proven repayment capacity.”

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Have you considered asking your parents for a helping hand?

Posted on by Stephen Hamilton

There are many obstacles these days which make buying your first home seem an almost impossible task. With the advent of the credit crunch Mortgage Lenders have tightened up their qualifying criteria making it difficult to get your finance approved. For those lucky enough to get an approval the maximum available is 92%. This leaves

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First Time Buyer, Mortgages
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Thinking of buying a house? Here are four things you need to do to make sure you will be ready

Posted on by Stephen Hamilton

Save a deposit Saving a decent deposit is very important for buyers hoping to secure the best mortgage. As well as being in steady full time employment a mortgage lender will want to see proof that you are capable of saving towards your first home. It is possible to get help with your deposit from

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First Time Buyer, Mortgages
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