Mortgage advice for young people

This week I was invited to give a talk to a group of young men and women who no doubt will become first time buyers in the not too distant future.

I was invited to Flour Daniel, one of the largest local companies.

The talk was centred around “Getting Your First Mortgage”.

I gave a powerpoint presentation, along with Matt Penfold a former Estate agent who now works with me in the Frimley office.

Matt showed using a graph how the value of property had performed over the last 50 years. He showed that despite having some decreases in value, property could be seen as a long term investment with property prices nationally having doubled in value every 8-10 years. He also gave examples of property prices in Yateley over the last 10 years.

I gave a presentation with the latest information on mortgage rates, types of mortgages available and amongst other thing, where to get your deposit from…

After lunch we had a lively question and answer session and these young people really had some great questions lined up for us.

Matt Nicola and Yours Truly

I must say that I have given many talks in my time, but this one with these young people who really were interested the subject, was a very pleasant experience.

If I can give a talk to your group on any subject relating to the mortgage business, please contact me via the office number or blog.

Michael

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