First time buyers

Advice for first time buyers, what you need to know.

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 will for the first time become a regulated activity (regulated by the financial services authority - FSA). Mortgage advisers must pass specific qualifications to obtain registered mortgage adviser status. This is great news for you as a customer. You can seek and obtain advice you can rely on!

There are 2 'main' advice routes you may seek. Firstly you may seek advice from a specific lender or from a company that is restricted to advising on a limited panel of lenders. The advice you obtain will of course, then, by its very nature, be restricted and limited in terms of the products available to you. The second option is to seek advice from an Independent adviser / company. The advice you receive and the access you obtain will be whole of market, resulting in more choice for you and your adviser. As a first time buyer, we believe it is of very great importance to ensure that you receive Independent Advice, to help you obtain the most appropriate mortgage deal to meet your needs.

Please browse our first time buyer rates below :-

Your mortgage (and purchasing your home) will perhaps be the most important financial decision you have made up to now - and, in fact, may ever have to make! The wrong decision could cost you thousands of pounds! Our internet mortgage service can help you (by introducing you to a qualified independent adviser), to find the most appropriate first time buyer mortgage to meet your specific needs.

Do you want all the benefits and features of a qualified, professional mortgage adviser who will act for you? Complete the online enquiry form or call on 0845 344 0349. For further information on the service offered through 1st Direction Mortgages, please e-mail us on information@1stdirectionmortgages.co.uk.

1st Direction Mortgages (UK) introduces to Park Row Associates Ltd and other strategic (independent) advice partners. Park Row Associates Ltd are a national independent financial advice company who are authorised and regulated by the Financial Services Authority. 1st direction mortgages, as part of the Mortgage Introduction Services group of websites, believe very strongly that the, "Best Advice is Independent Advice". We are very careful to ensure that all our partner advice companies are, and remain to be, independent and retain whole of market access to ensure that you can obtain (through our service) the most appropriate mortgage to meet your needs. For information on our partner advice companies, please click here.

Our other strategic partners have been selected to compliment our association with Park Row. It will be clear to you which of our partners will deal with your request at the earliest possible stage.

The aim of this service is to introduce people like yourself to a specialist independent mortgage adviser, who can either advise and recommend a specific mortgage deal for you (based on your needs / circumstances) or can offer detailed information on suitable products to help you select the most appropriate mortgage deal available to meet your needs.

The key to our service is independence. The adviser that we will introduce you to will be fully independent, and as such will review the whole UK mortgage market to give you the best advice and access to some exclusive deals. You are under no obligation to proceed.

You will be instantly notified by e-mail of any additional information required, using an easy to complete mortgage questionnaire form. All information will be contained on a secure server, and will remain confidential between you and your adviser.

We like people to remain in control, so the preferred methods of contact are both phone and e-mail. It can be arranged that an adviser can come to see you in person at your request, but find that most clients prefer to work remotely.

Once the adviser has obtained the information they require to find you the most appropriate deal, he / she will source from the whole UK market using in-house regularly updated mortgage sourcing software. He / she can e-mail or post recommended product illustrations for you to look over (or may be available to provide a face-to-face advice appointment with you).