First-Timers Can Say 'No' to the Nasties ; Confidence Is the Key in Playing Off Lenders When It Comes to Negotiating the Finance for Your Starter Home

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First-time buyers are being urged to get tough with mortgage lenders this summer and refuse unnecessarily expensive and outdated loan choices.

'When buying your first home you are normally so worried about being turned down for a mortgage that you just accept the first offer your bank puts to you,' says Louise Cuming, head of mortgages at price comparison website moneysupermarket.com. 'However, new buyers are in a strong position because they are still thin on the ground and lenders want to attract them.

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First-Timers Can Say 'No' to the Nasties ; Confidence Is the Key in Playing Off Lenders When It Comes to Negotiating the Finance for Your Starter Home

'When looking for your first mortgage you should be confident and shop around across the whole marketplace.

Make it clear what you do and don't want in your loan, and if your first choice of lender can't match your needs then a rival almost certainly will.'

Experts say first-...

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