First Time Buyer Mortgages
With so many First Time Buyer Mortgages available, and so many lenders vying for your business, it really is a potential minefield out there! In recognition of this, from the 31st October 2004 , mortgage advice became a regulated activity (regulated by the Financial Services Authority). This is great news for you as a customer.
You may seek advice from a lender or company that is restricted to advising on a limited panel of lenders. However, the advice you obtain may then (by its very nature) be restricted in terms of the products available to you. As a First Time Buyer , we believe it is of great important for you to obtain Independent Mortgage Advice . The advice will then be on the whole of the mortgage market , resulting in more choice for you.