Vicky's Story
As I bought the flat with my brother and sister, we decided the flexible mortgage provided the latitude should things change in any of our circumstances and we needed to take a payment break, say.
Flexible mortgages seem savvier, especially when interest rates are low. We've got the place for the long term.
Property's better than stocks and shares, plus we can live in it or rent it out.
Vicky's thoughts
Do as much research online as you can. Mortgage information is all there, and if you know the facts before you talk to any mortgage suppliers you're in a much stronger position. It's also worth using the mortgage calculators you find on many sites. Knowledge, as they say, is power.
Also don't feel you have to go with the solicitors you've been recommended. Again, you can research ones that pride themselves on conveyancing from the comfort of your chair in front of the computer. Their prices and services do vary quite a bit.
And finally, buying a home is a big investment, but a good one. Do the research and it's not as risky as you might think. The net is a good place to start, but also talk to as many people who've been through it as you can.
