Making the decision to buy your first home can be as daunting as it is exciting. It’s the biggest purchase most of us will ever make so understanding the ins and outs of the first time buyer market is essential.
Here’s our first time buyer checklist to help you navigate your way to home ownership. Click on each tip for a more detailed guide.
Online – Research sold prices in the area and set up alerts for when new properties go on the market
Traditional estate agents – Good if you like to deal with people rather than computers
Walking the area – Lets you know what the area has to offer and what the local residents are like
Shop around for a mortgage that suits your needs and remember, not all mortgage providers appear on comparison sites so it’s worth looking at individual web sites.
All lenders will have slightly different criteria, but typically these are the documents you’ll need to bring to your mortgage appointment:
What else will you have to pay for?
We’re committed to working with members, local organisations,
and employers to increase financial awareness in the wider community.
For more hints and tips check out our Financial Wellbeing Hub,
which includes articles and guides covering everything from budgeting to getting onto the property ladder.
If you have any questions or would like help with any of our services, please contact us on 0141 274 9933.