When it comes to realising their homebuying dreams, most first-time buyers are swept away with the thought of their new property.
Only 18 per cent visit an independent financial adviser (IFA), compared to 43 per cent who visited a bank or building society, according to IFA Promotion.
Only and IFA or mortgage broker can advise on a range of mortgage products to find the best deal.
Karen Barrett of IFA Promotion, said: Its perhaps understandable that first-time buyers focus more on securing their first home than the best value homeloan than more experienced homeowners. But arguably, it is the first-time buyer who needs the benefit of independent financial advice most, so we urge first timers to make their mortgage choice a priority and ensure they visit an IFA for advice.
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