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How to Get on the London Property Ladder by Lina Bourdon
Wed, March 22, 2017, 6:30 PM – 9:00 PM GMT
Getting on the property ladder in the UK is hard, with London being especially difficult. This talk is for those who want to learn about how to get a mortgage and get on the property ladder here in London.
This is a purely content talk where you will find out what you need to do in order to get a property. This is not an investmentopportunity or sales event.
They say buying a property is one of the most stressful experiences people go through in their lives. I neither agree nor disagree with it - however I do know from my day to day dealings with my clients how stressful it is for those who buy a home for the first time. Stress and pressure starts from the very moment my clients or potential clients start looking for a property.
What you will learn in this talk:
- Shall I buy or shall I keep renting?
- My estate agent does not return my call - does it mean we have lost the property to another buyer? Shall we offer more?
- What if the valuation goes wrong?
- Can we get a mortgage? What shall we do to make it happen?
- What if the vendor changes their mind after we have the mortgage offered?
- There are different government schemes on offer - how do they work? Are they any good?
- Are there any properties we should avoid?
- What shall I do to improve my credit rating?
- What is involved in buying a property?
- What do lenders take into account when making decisions about lending?
- What are the hidden costs?
- What pitfalls do I need to be aware of?
Those are just a few of the many questions I hear from people daily. The property market in London is challenging and fast moving. And when you wish to buy a property in this city you really need to get prepared - especially with all the recent changes in the mortgage industry. There are many things which can go wrong during the process of buying a property, but there are so many ways you can get ready in advance so you will have the best chance to be the proud owner of your new home.”
Lina Bourdon, MD of City & Country Financial Services
Lina has been working with London First Time Buyers for over a decade now. Through this work she has learned that with all the information available out there future home owners can and do get overwhelmed. This is why we have put together a talk for those who wish to buy their first home – both now and in the future. During the talk Lina doesn’t sell anything, she does not push anyone to commit to anything - she simply shares her knowledge, expertise and lots of useful and valuable information.
“I joined the Financial Services industry in 2006 and saw it through both the good and bad times. Throughout my work as a Financial Professional I have met, spoken and provided my services to hundreds of clients which has led me to discover something very interesting and powerful about people and their finances:
People don’t actually have financial goals and objectives - they have life plans and dreams which require financial solutions so those plans and dreams can be achieved.
At City & Country Financial Services we believe that our job is to learn and to discover our clients` goals, plans and inspirations and help them make their dreams come true using Financial Planning tools, solutions and strategies.When selecting a mortgage there are many things to consider. For example, the three-year fixed deal you saw advertised may have an attractive rate, but if the upfront fees are too high it could prove comparatively expensive over the term of the mortgage.
And cost isn’t the only consideration. Flexibility matters too if your income is irregular or if you may need to move in the near future
Of course there’s plenty of information out there, but not all of it is reliable and not much of it will relate to your specific circumstances
As whole of market mortgage advisers, we explain how each loan relates to our clients` particular needs and preferences. We’ll then search the whole marketplace for a deal that best matches their situation and needs. We work closely with all parties involved – from estate agents and valuers to solicitors and lenders – to make sure that everything goes smoothly and as hassle free as a home buying process can be!”