Escape the rental trap in 2018 with home loan advice from mortgage broker, Deal Direct.
Consulting with mortgage broker, Deal Direct, and obtaining home loan advice from us could help you escape the rental trap in 2018.
The onset of a new year often causes financial concerns as many prices go up, including rent. This could leave you worrying about whether you can actually afford your rental payments. The key to feeling secure again would be to reduce your outgoings by taking control of your finances.
One way to do this is to investigate the different possibilities available to purchase a property of your own as, in many cases, a monthly mortgage repayment amounts to less than what you pay in rent. The problem lots of would-be home-owners face, though, is being able to save enough deposit when your outgoings are already stretching your pocket.
Even with a small deposit, there are still options available such as shared ownership and Help to Buy. We could also advise your family members on the different mortgages available that would release equity from their home for you to use as a deposit.
Even when you think that your situation is hopeless, there are always options. Our Deal Direct mortgage experts are available to offer advice no matter what your current situation.