First Time Buyers

If you are buying your first home you may find yourself baffled by the amount of information there is to know.  Don't panic, help is at hand!

Advantages of a First Time buyer
You may feel that the struggle to get on the housing ladder is not one to be envied, but there are exclusive benefits to being a first time buyer.

• lenders compete strongly for your business, offering special “first time buyer” deals and discounted rates
• you won’t be part of a chain which will make you more appealing to sellers

How much can you afford?
The first thing to think about is the amount you can afford.  A mortgage is a long-term commitment so it’s important that you can afford your monthly payments.

Online calculators are a good way to work this out. 

Costs of home-buying include;

• legal fees
• surveys
• stamp duty
• removal costs 

Budget for living expenses such as;

• council tax
• utilities
• insurance
• food and drink
• transport
• entertainment

Get Professional Advice
With so much information to digest and important decisions to be made, it’s worthwhile getting professional financial advice when buying your first home. 
These experts are fully aware of the market trends and products available, and will help you to secure the right mortgage for you.