Subway_surfer
New Member
- Messages
- 1
Hi,
I am a complete newbie to all of this - I have been saving and am hoping to be in a position to buy soon but I am completely clueless to be honest and don't know where to start.
Is a financial advisor a good person to speak to or is it a mortgage broker? if you speak to a mortgage advisor in the bank, can it really be impartial?
I am thinking I could be eligible for a Local Authority home loan and so I am not sure if I should speak to someone there first. I know I'd have to be refused a mortgage from the bank first but what if I do that and then do not want to go ahead with a LA loan -can you go back to the bank straight away?
I try to get information from people/friends/colleagues etc but find a lot are cagey!
just to add im not looking for people to recommend brokers/advisors etc to me just general direction on how to get advice
Thanks
I am a complete newbie to all of this - I have been saving and am hoping to be in a position to buy soon but I am completely clueless to be honest and don't know where to start.
Is a financial advisor a good person to speak to or is it a mortgage broker? if you speak to a mortgage advisor in the bank, can it really be impartial?
I am thinking I could be eligible for a Local Authority home loan and so I am not sure if I should speak to someone there first. I know I'd have to be refused a mortgage from the bank first but what if I do that and then do not want to go ahead with a LA loan -can you go back to the bank straight away?
I try to get information from people/friends/colleagues etc but find a lot are cagey!
just to add im not looking for people to recommend brokers/advisors etc to me just general direction on how to get advice
Thanks