First Time Buyers

[SuDFB]

Any first time buyer who bought a property recently???

If so how did you do you?

I am struggling :(

[eihpos]

Don't know if this will help but in the financial part of Sundays Express was an article about some lenders requiring just 5% deposit. If this is of interest I will raid my re-cycle bin for more info.

[SuDFB]

eihpos... That would be great :)

vibrasphere... Im fiding it difficult not only because me and my hubby are a young couple and first timers but also because we don't have a huge deposit... But we are in a situation where we need to move and renting is so expensive... we kind of stuck :(

[eihpos]

SuDFB
Sorry I've been so long coming back.
The article was about Lloyds TSB while they offer a mortgage with a 5% deposit there appears to be a catch. A parent is to guarantee with a savings account. It may be worth checking out anyway. Another option for you to look at is www.fool.co.uk/mortgages who will ask a series of questions and then put forward suggestions/ lenders.

Good Luck E

[SuDFB]

eihpos... thanks for the info, Lloyds is the bank Im with which is good :)

I will take a look at the website, wish me luck

[eihpos]

SuDFB

Its been a while since your original question and I hope you have been successful in finding a mortgage.

I was reading the Express (again) and thought of you. Today they are promoting thier web page to check mortgages available to you. If you are still looking it may be of interest.

www.dailyexpressmortgages.co.uk or 0800 988 0787

Good Luck E

[SuDFB]

Hey E,

Thanks for thinking of me, unfortunatly I havent been successful yet... I am still looking...

Thanks for the info Im going to have a look, any help at the moment is realy apreciated....

Hope your well :)

[eihpos]

SuDFB

I'm not stalking you!!! but when I read todays Express I remembered you. I hope you have managed to find somewhere but if not try and get hold of todays (Wednesday) paper and read the article on the centre pages. Otherwise look at :-
www.homesandcommunities.co.uk/home_buy
It appears there are several way to get help with your deposit and you don't pay any interest for the first five years. It is a goverment funded deal.

It might be what you are looking for.

Good Luck E

[SuDFB]

eihpos

thank you for thinking of me, we havent had much luck due to not enough deposit...

I will check that website, I have looked into some goverment schemes, hopefully this one is better.

Thank you and take care :)

Su