Hello
I'm a ftb and an offer I made has been accepted. The offer is £109,750, I'll have a deposit of £70,000 which will give me a ltv of 36%. I was given an aip of £40,000 a few months ago when I first started searching for a house, I could of got more but I didn't want to over stretch myself. Anyway I am looking for a good mortgage offer, I'm thinking a fixed rate of 5 yrs - I'm hoping to pay the mortgage off within 8-10yrs. My monthly net income is £1800.
Could anyone please advise me on what are the best offers for ftb's with such a small ltv, also including that I want to pay the mortgage off with the next few years.
Thanks