If you are thinking about buying a new home then a number of items are essential. Firstly saving a deposit and sufficient cash to cover the costs of legal services and stamp duty. It is important to think about this as soon as possible and ensure savings are in the right place to maximise tax efficiency, ensure they are secure and will protect the value of your deposit in the short term.
When it comes down to selecting a mortgage the choices are vast and independent advice can help you to apply for the right contract for your circumstances.
Reviewing and projecting new expense that arise when you take on a new property is always helpful and assessing any surplus that may be saved for longer term to reduce or clear mortgages in the future.
Be clear on your numbers and what you can afford.
Ensure you seek advice on the mortgage front and get the most appropriate contract for you and your circumstances.
Ensure savings are tax efficient and secure in terms of deposits.
Please email or call Alison (07496 689 309) or Adrian (07725 343 815) for a no obligation review of your circumstances.
Alison Davis and Adrian James are authorised and regulated through Mulberry Wealth Management Ltd. Mulberry Wealth Management Ltd is Authorised and Regulated by the Financial Conduct Authority (FCA). Our Financial Services Register number is 499351.