Hi, I'm just wondering if anyone has an advice on where to start when wanting to apply for a mortgage.
DH and I currently rent and feel like we would like to buy our own home, especially now as we have 2 young DC. The problem is that as we are renting it doesn't leave a lot of spare money for us to save for a deposit.
We live in Northern Ireland so have been looking into the Co-ownership Plan which means we would not need a deposit if we borrow up to 75% of the property's value.
I just don't really know where to go from here, do we just need to speak to a bank and see if we qualify for a mortgage or do we look at properties first?
Any advice would be greatly appreciated! Thanks 