Although the market is prime right now for those seeking to get a first time buyer mortgage, experts are warning that these candidates need to be realistic in their expectations. The current housing crisis has been blamed not only on banks that over lent but on consumers that overspent and got housing that they could […]
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First Time Buyer Mortgage Candidates Encourage to Be Realistic
Posted on April 2nd, 2008 by Bright Light
First Time Buyer Mortgages Affected By Housing Crunch
Posted on April 2nd, 2008 by Bright Light
Although dropping prices usually bode well for those who need a first time buyer mortgage, this time around, it may be harder than ever for these customers to get a loan. The credit crunch is expected to last through at least 2009, and Chancellor Alistair Darling has already marked down another 20 billion pounds in […]
First Time Buyer Mortgage Candidates Squandering Their Savings
Posted on April 2nd, 2008 by Bright Light
According to new research released by Abbey Mortgages, first time buyer mortgage candidates are rapidly squandering their savings. It found that two fifths of Britons have wasted nearly 2 billion pounds on frivolous spending. The money that was blown should have gone towards a down payment, according to experts. This may make it increasingly difficult […]
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