YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Abacus Financial Ltd is authorised and regulated by the Financial Services Authority and is entered on the FSA register under reference 461796. We charge a fee for mortgage advice and this is £99. Loans are subject to status, value and type of property. Think carefully before securing other debts against your home. The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK. The FSA does not regulate all forms of the products or services we provide. Sometimes we may pass your enquiry to our trading style of Abacus Associates. These pages provide generic information about various aspects of financial services advice that we provide either directly or as a referral service through carefully selected partners, as well as possible areas of clients’ financial planning needs. We hope they are helpful to you but they do not, on their own, add up to proper advice and we cannot take responsibility for anything you do in reliance on them without further discussion with us. Please do not make a decision based upon the information contained within these pages alone. They are not detailed or comprehensive enough to enable you to make an informed decision which is tailored to your circumstances and needs. Abacus Financial Ltd is registered in England, Registered number 5301473, Registered Address: 4 Thomas More Square, London E1W 1YW. VAT Registration Number 977 2291 81
First Time Buyer
As a first time buyer, you may have lots of questions about how to get a mortgage and which type suits you best. For example, should you choose a fixed rate, a discount, capped or tracker mortgage? We can help you understand the difference between the various offers, and help you secure a mortgage that fits your circumstances.
When you contact us, we will want to know the following:
- Information about your income - for example, are you employed or self-employed? How much do you earn? How long have you been in your current position?
- Your current address and three years of address history, and also, are you on the voter's role at your current address? This is very important when lenders assess your credit-worthiness.
- Do you have any outstanding debts, such as a student loan, car loan, credit cards, store cards, etc?
- How much do you wish to borrow, or are you looking to find out how much you can borrow?
- Do you have a deposit? If so, how much?
- Have you found a property yet?
This information will enable us to give you genuine advice and help you on your way to purchasing your first home!