First Time Home Buyers Simple Guide To Understanding Mortgages in the UK

Fogg Financial has released a new how-to guide on understanding mortgages in the UK. First time home buyers in Brighton, Cambridge and other areas of the UK can find the guide online at https://www.foggfinancial.com/mortgages-uncovered/.

Cambridge, United Kingdom - June 12, 2019 /PressCable/ —

This recent how-to guide from Fogg Financial contains precise and detailed advise designed to be used by people who are serious about entering the real estate market and buying their first home in Cambridge, Brighton or other areas of the UK, to help them feel confident that they understand what they’re getting into. To get the right mortgage, first time home buyers need to know what they can afford what they’re really signing up for, so that they end up with an affordable home instead a huge debt around their neck.

First time home buyers and other interested parties are welcomed to download the how-to guide, in full, from the website: https://www.foggfinancial.com/mortgages-uncovered/

The inspiration for creating this guide came from a desire to provide useful, actionable information to anybody struggling to understand all the intricacies of mortgages in the UK – from how they work to what applicants need to know before signing up for one.

The in depth yet simple and straightforward guide goes over the following points:

Understanding how to most effectively USE a mortgage – get clarity around financial terms like “interest”, “capital repayment”, “loan to value” and “fixed vs variable” rates

Learn what it means to “qualify” for a mortgage – learn what lenders are going to want to know before they’ll be willing to accept new clients

Understand how to get the most out of a mortgage & it’s limitations – a basic understanding of how affordability is assessed and what borrowers can do in order to make themselves appealing as a mortgage candidate

Damien Fogg, Mortgage Adviser at Fogg Financial spoke at length about the guide, excited to share the details and the reasons behind creating a guide on understanding mortgages in the UK and what Fogg Financial hopes to accomplish with it: “Mortgages are a complicated beast. At least that’s what it often seems. There are so many options, literally tens of thousands that you can choose from. The vast majority won’t be right for you, and most you don’t need to know about. But of the remaining few hundred that might work for you, how do you pick the most appropriate one? Well, this mortgage guide is going to try and educate you on the options available, what you need to do to get one and why getting the biggest mortgage possible might not be the best thing in the world.”

First time home buyers in Brighton or Cambridge or anybody interested in understanding mortgages in the UK are invited to review the how-to guide online directly: https://www.foggfinancial.com/mortgages-uncovered/

More information about Fogg Financial itself can be found at https://foggfinancial.com

Contact Info:
Name: Damien Fogg
Email: Send Email
Organization: Fogg Financial
Address: 20 Station Rd, Cambridge, England CB1 2JD, United Kingdom
Phone: +44-1223-900104
Website: https://foggfinancial.com

Source: PressCable

Release ID: 523659

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