Sunderland workshop aims to help first time buyers

Written by on 3rd May 2018

A workshop in Sunderland next week is hoping to help first time buyers get on the property ladder.

Buying your first home is a massive life event. If you get these decisions wrong it could mean your first home might not be as happy an experience you hoped for.

Next week an event is being held in Sunderland City Centre to give first time buyers the knowledge and insight in what getting onto the property ladder is all about.

Paul Hampton of Approved Mortgage Solutions said;

“When our adviser sits with first time buyers and explain things to them, discuss the choices they need to make and the pros and cons of those decisions, so many of our clients say, “I wish we could have learnt this in school”

At the workshop next week, Approved Mortgage Solutions will talk about saving for your deposit, credit profiles, different types of interest rates and the risks and rewards of each of them.

They will be discussing things like affordability and how to plan properly, and how your mortgage term effects how much you pay and dealing with estate agents amongst other things.

Paul Miller from Sweeney Miller will be on hand to talk buyers through what the solicitor does, what searches and disbursements mean in simple terms and what goes into a contract.

Bob Mills from Connells Surveyors will be attending to give some pointers on what to look out for when viewing properties. He will also discuss what he looks for when he surveys a property on behalf of a lender.

Natalie Bridges from Skipton Building Society will be on hand to give first time buyers an insight into what checks the lender does when you submit your application.

The free workshop is on Wednesday 9th May and will take place 6.00pm -7.30om at the Business Innovation Centre Sunderland, SR5 2TA

There is still currently places available on this course and can be booked at this link.

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