Why You Should Let BSN Support You When Buying Your First Home
July 25, 2017
July 25, 2017
According to the Office of National Statistics, UK house prices have risen by 5% in 2017 despite recent political turmoil.
The average house price is now £220,713 which makes the possibility of owning your own home feel increasingly out of reach for young people aged 18-24. As well as this the number of households at risk of poverty has risen from 19% in 2008 to 25% in 2015.
Why You Should Seek Independent Advice
Buying a mortgage will arguably be the biggest financial investment you make in your lifetime, so you want to make sure you’re dotting every I and crossing every T.
Many of us use comparison sites in order to find ‘headline’ rates, however rates are always changing and so are the requirements needed. So, you may often find that you’re in a continual cycle of regression and often finding yourself back at square one. Sound familiar? If so, maybe you should seek the help of one of our Bespoke financial advisors.
Why Use BSN Mortgage Advisors
There is often a common misconception with independent advisors that they incur hidden fees and extra charges. However, this simply just isn’t the case. Your advisor will always lay out your options transparently so you’re fully aware of the costs incurred from the get go.
Another benefit to sourcing an independent mortgage advisor is that they have access to the entire market place ensuring you have the best possible options to choose from. This will save you time and money.
They can also assess the amount of mortgage payments you will be able to afford based on your current financial situation which means you will end up with a plan that suits your needs and not leave you out of pocket.
What Happens if You Don’t Seek Advice?
It’s vital that you seek mortgage advice, not only to create a solution that is suited to you, but to protect yourself if things don’t quite go according to plan. In the rare occasion that your plan turns out to be unsuitable in the future, when it comes to making a complaint, you’ll have more rights. Whereas sourcing all knowledge yourself means you have to take sole responsibility for your decision.
If you would like more information on mortgage advice or have any questions, please don’t hesitate to contact the Bespoke Support Network today. You can get in touch by calling 0300 303 3441.