New First Time Home Buyer Tool Launched by Leading Mortgage Broker

EDINBURGH, Scotland, June 29, 2016 /PRNewswire/ --

Scottish-based independent mortgage broker, First Mortgage, has launched an interactive infographic called "How to buy your first home". The infographic is the first of its kind in the UK, with an interactive element that allows viewers to "walk" through the process of buying a home.

The infographic is aimed at helping first time buyers understand what to expect from the home buying process, and to address a lot of the questions that arise prior to speaking to a mortgage advisor or lender.

Ian McGrail, Managing Director of First Mortgage, stated "We wanted to help first time buyers understand more about the mortgage process. The information available can be overwhelming when you're first starting out, so this infographic presents it in a much more manageable format. It's a visual representation of the service First Mortgage offers, so people know what to expect before they've even made an appointment."

With a "virtual mortgage advisor" guiding the way, the infographic covers everything from budget planning and deposits required, expected mortgage fees, moving and other associated costs, as well as insurance, types of mortgages and property hunting.

The tool is expected to not only be useful for first home buyers, but also students, who could benefit from its simplicity and breakdown of commonly used terms in the mortgage industry.

First Mortgage is one of the UK's longest established independent mortgage brokers, providing free mortgage advice for over a quarter of a century. Their constantly growing team of advisors serve Scotland and England through branches in Edinburgh, Glasgow and the Lothians, Aberdeen, Dundee, Newcastle Upon Tyne and the newly opened Manchester.

The infographic can be viewed in full here: http://www.firstmortgage.co.uk/mortgage-advice/buying-a-house

For further information, please contact Aaron Hill at [e-mail] or [phone].