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From: mogga 
Newsgroups: uk.finance
Subject: Re: First time buyer
Date: Tue, 23 May 2006 20:19:59 +0100

On Tue, 23 May 2006 10:52:10 +0100, "newcastle" wrote:

>I am a potential first-time buyer - currently looking at apartments in
>Leeds or Sheffield.
>I have no experience of this at all and no-one to turn to for help.
>
>I will be looking to buy somewhere about 100k.
>
>I am going to go to my bank initially to get advice from them - and
>then go to a couple of building societies to see what sort of mortgage
>they will offer.
>
>I think I need to know about :
>

You need to realise that 100k for a flat in sheffield is insane.
www.housepricecrash.co.uk


>the different sorts of mortgages.
>pitfalls of apartments
>any special insurance arrangements for apartments?
>do I arrange the mortgage in essence before I find the apartment?
>is it worth paying an IFA?
>
>(I've looked at various web sites : motleyfool, moneysupermarket etc)
>
>Can anyone suggest any good sources of advice/information. 

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