So you’re thinking of buying your own home?

Buying your own home, whether getting your own mortgage or through a shared ownership scheme, can be one of the best moves you can make.

It’s the first move towards what might be a sound investment in years to come. However, it’s a big commitment and needs some thought first. You might be renting already, in which case you’ll be used to paying a monthly housing cost and covering a number of bills. But there are some different considerations here, such as:

• How much money will you need to cover moving costs and fees?
• What will your total monthly outgoings be if you own your home instead of renting?
• How much can you afford to borrow?
• What size mortgage can you get?
• What type of mortgage is right for you?
• Who do you talk to and how do you start?
• Whether you’re buying for the first time, moving home or remortgaging, talk to us here at CRM & AGM Independent Financial Advisers Ltd to take the guesswork out of what could be the most expensive purchase of your life.-Remember your initial meeting with us is completely free and without obligation. 

        Do's!!

• Work out what you can afford before house-hunting
• Stick to your budget for buying a property
• Think about how your spending may change once you have your home
• Talk to us here at CRM & AGM Independent Financial Advisers Ltd.
  
  Dont's!!!
  
• Be a slave to your mortgage – borrow sensibly
• Inflate your income to get a bigger mortgage – it’s fraud

Assume interest rates will stay the same – how would you cope if they went up?

Getting the right mortgage product can be confusing. Here at CRM & AGM Independent Financial Advisers we will guide you through the minefield to provide you with the mortgage product most suitable for your needs. Click here to contact us.

Your home may be repossessed if you do not keep up repayments on your mortgage.

What will you need to pay us for our mortgage services:-

A combination of a fee of 0.5% (subject to a minimum of £500) plus commision that we receive from the lender. On a £120,000 loan for example the fee would therefore be £600.
The fee would be paid in 2 stages as follows:-
1. A commitment fee of £250 payable before research is carried out.
2. The balance of the fee of 0.5% is payable on obtaining you a mortgage offer. ( On a £120,000 loan for example the final balancing fee would be £350)
OR
A fee of 1% of the loan (subject to a minimum of £750) (On a £120,000 loan for example the fee would therefore be £1,200). The fee would be paid in 2 stages as follows:-
1. A commitment fee of £250 payable before research is carried out.
2. The balance of the fee of 1% is payable on obtaining you a mortgage offer. (On a £120,000 loan for example the final balancing fee would be £950)
3. Any commision would be refunded back to you.