im a first time buyer with no deposit & debt to consolidate. can anyone help me?

Question

i need a mortgage

Answer 1

Try a mortgage broker.

Answer 2

You could get a 100% mortgage, but think you need a fairly good credit rating for this. Might be a good idea to clear your other debt before landing yourself with a huge mortgage

Answer 3

i was a first time buyer, low income, so i've gone the shared ownership route, we had no deposit either, we got a cashback mortgage with the abbey.
but i'd advise, the best place to go first is whoever you bank with, they can offer you deals, then look elsewhere if you dont find a solution with them!
also depends where you're looking to buy, cheaper areas might mean you'll find it easier to get a mortgage for less, especially with your debts hanging over you too.
good luck, it's a hard road!

Answer 4

You can get a 100% mortage. My sister in law got one with Natwest bank, and they put all the fee's onto the mortage.

You could also continue to rent until you are in a better financial situation and have saved a deposit.

You could ask older family members to help you with a deposit.

Speak to your local banks mortage advisor

The shared ownership as mentioned above, is also an excellent route, me and my partner are going to be doing that later this year...

...Hope there are a few options for you to consider

Answer 5

Here is an article i found on debt consolidation http://url.vg/youbigg/1d1ec3/debtconsolidation with some information and different plan options.

Answer 6

Try www.surefirefinance.co.uk you can apply online and they will get back to you with an offer, I arranged a mortgage through them.

Answer 7

There are many other factors to consider like income, credit score, property value, what state you are in, etc.

Fill out the free evaluation form at:

www.totaldebtsolutionsllc.com

and they will have a loan officer contact you.