Mortgage advice for young people

first time buyers, Personal Thoughts

first time buyers, Personal Thoughts

Mortgage advice for young people

This week I was invited to give a talk to a group of young men and women who no doubt will become first time buyers in the not too distant future.
I was invited to Flour Daniel, one of the largest local companies.
The talk was centred around “Getting Your First Mortgage”.
I gave a powerpoint presentation, along with Matt Penfold a former Estate agent who now works with me in the Frimley office.
Matt showed using a graph how the value of property had performed over the last 50 years. He showed that despite having some decreases in value, property could be seen as a long term investment with property prices nationally having doubled in value every 8-10 years. He also gave examples of property prices in Yateley over the last 10 years.
I gave a presentation with the latest information on mortgage rates, types of mortgages available and amongst other thing, where to get your deposit from…
After lunch we had a lively question and answer session and these young people really had some great questions lined up for us.

Matt Nicola and Yours Truly

I must say that I have given many talks in my time, but this one with these young people who really were interested the subject, was a very pleasant experience.
If I can give a talk to your group on any subject relating to the mortgage business, please contact me via the office number or blog.
Michael

This information was last updated on 27th September 2021. Lenders can change their products and lending criteria at any time, so please contact us for the latest information. 

Group of people who have remortgages, why do people remortgage?
Remortgage
Michael Usher

Why Do People Remortgage?

Remortgaging at the right time is one of the most financially savvy decisions a homeowner can make. Citizens Advice stated that the two-fifths of mortgage

Read More »
Graphic of house and question mark - How does remortgaging work?
Remortgage
Michael Usher

How Does Remortgaging Work?

Remortgaging is when you replace your current mortgage with a new, and preferably better, deal. Doing this at the end of your fixed-rate period can

Read More »
Wills
Michael Usher

How to Make a Will

It is not recommended to make your own Will using a template because mistakes can be made or instructions left out which could invalidate your

Read More »