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10 TIPS WHEN BUYING YOUR FIRST HOME

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Buying your first home can seem at times like a never-ending struggle and can seem to go on forever. It is confusing, and you are more than likely to come across some stumbling blocks along the way.

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Having gone through the process, I want to share tips that helped me a lot with the process – and calmed me through my panic stages!

Do your homework

Google everything! That’s literally what I did – and I found that even different sites offer different opinions, it is better than not knowing anything!

The type of mortgage you choose will make a difference to the amount that you repay every month, so you need to think it through carefully.

Choose the right mortgage

Mortgage affordability rules mean that lenders take into account not only how much you are earning, but how much you are spending.

Budget, budget, budget

If you’re a first time buyer, the government will give you £3,000 towards the deposit on your home, for free.

You don’t have to buy outright

You will turn in to your mother on this point – start making lists and moving house checklists!

Have a moving day checklist

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