Is a New Build Home the Right Type of Mortgage for You?
When you are in the process of deciding whether to move home or not there are a few considerations to make. One of those is whether to buy a property that has owners, or whether to buy a new build house. A new build mortgage is an exciting and attractive option for many buyers, especially first-time buyers. There are several reasons why you might find a new build home the right type of property for your next home.
The first thing is that you will be the very first person to live in the property. What this means is that you might be able to put your stamp on the actual structural design and décor prior to moving in, something that just isn’t possible with homes being bought in a chain, and sometimes not at all with some traditional houses, even after you’ve moved in.
Always be aware that there are likely to be time constraints and tight deadlines for developers of new build sites, which might have an impact on your potential mortgage. Always ask questions of the developers and be as informed as possible throughout the entire build.
If you do not have much of a deposit saved up, or you have poor credit and worry that you won’t be able to find a mortgage through the traditional high street lenders, do not fret. At Central Mortgages we have access to a wide range of mortgage providers, and we have helped countless people, including those with adverse credit, to find mortgages that suit them.
To find out more information please contact the Central Mortgages team on 01277 630 183 or firstname.lastname@example.org.