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Ask an Expert: First-Time Buyer with no Credit History
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“I am a first-time buyer and have never taken out any credit, only ever car insurance. I am looking for a mortgage with a 10% deposit. How long do I need to make payments if I take out credit to show I’m able to pay it back, and is this needed so I can apply ...
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Ask an Expert: First-Time Buyer with no Credit History
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
The fee is up to 2% but a typical fee is 0.3%.
