BELFAST, Northern Island, May 18, 2021 (Newswire.com) - Who doesn't dream of buying a house? But saving for a mortgage can be a little challenging. And sometimes we would think it is better if we get an expert opinion on this.
That is why ThreeBestRated® reached out to Helmut Elstner, a 2021 ThreeBestRated® award-winning mortgage broker from Belfast, to give some tips on how to save up for mortgages by making some small lifestyle changes.
"Most mortgage lenders want to see a deposit of 10% and even after help from the Government with 95% mortgages making a big comeback recently, it still means that you have to scrape together a deposit of 5% if you are to borrow at a reasonably competitive rate," Helmut explains.
Helmut also shares some tips on how you can save for a mortgage:
- Set your goal on how much you want to save.
- Plan your monthly expenses and record everything.
- Make a list of things that you could cut down from your budget.
- Keep an eye out for the government schemes.
About Helmut Elstner - The Mortgage Clinic:
Helmut Elstner has been working in financial services since early 2012. From first time buyers, home movers and self build to remortgages and debt consolidation, he can help clients in all types of mortgages.
He can search and compare deals across the whole of the mortgage market in a wide range of mortgage types, ensuring that you get the best deal available.
Helmut founded The Mortgage Clinic in early 2005 with an aim to provide Mortgage and Insurance advice to the people of Belfast. They have close links to the local property market and estate agencies, so they can find the best deal for each of their clients.
They offer mortgage advice for First Time Buyer Mortgages, Buy to Let Mortgages, Self Build Mortgages, Home Movers Mortgages, Remortgage and Co-Ownership Mortgages.
To learn more about Helmut and his firm, The Mortgage Clinic, visit his website, themortgageclinic.co.uk.