Apologies if this seems obvious to anyone, but as a lone, first time buyer, i'm really finding navigating the mortgage system very confusing indeed. I've viewed a house that i'm quite keen to purchase.
I've so far been using a specific broker (a major fee-free one) after having been reccomended them by a relative who got an exceptionally good mortgage through them about 4 or 5 years ago.
I got the agreement in principal a few weeks ago. Following the broker's website, i waited until I found a specific property i am interested in and then proceeded to try to initialise the process of getting a decision in principal. I was given a phone booking and appointed an advisor. On the phone, my advisor told me I would recieve info about what sort of costs might be involved (i.e. what the projected interest rates, monthly payments etc.) might be. I never got this, and they simply told me to put in an offer, and then when it's accepted, we'll progress down the route of applying.
My confusion here, though, is how the hell am I supposed to make a reliable offer of any sort if I have no idea what the monthly payments might be beforehand!? I emailed my advisor to check and she reiterated that this was how it was supposed to be.
Maybe it is, but that seems all sorts of backwards to me. I'm effectively being asked to fly blind into an offer, and i'm almost at the point of wanting to change broker.
Is this how it's supposed to be? I'm just totally baffled by it.