by A553tH4rbour | Feb 14, 2022 | First Time Buyers, New Mortgages
For the final article in our series aimed at helping First Time Buyers, we offer the top five tips when looking to buy your first home A bigger deposit means the best rates Whilst it is possible to put a minimum of a 5% deposit down on your first house, if you are...
by A553tH4rbour | Feb 7, 2022 | First Time Buyers
Before applying for your first mortgage you will typically need to have done the following: Checked your credit file and credit rating with one of the main credit reference agencies.Saved up a cash depositEstablished how much you can borrowIdeally have an...
by A553tH4rbour | Jan 31, 2022 | First Time Buyers, New Mortgages
Stats recently released by the Halifax, state that there were more than 400,000 people buying their first home in 2021, up 35% from the previous year. That rate dropped by 13% in 2020, when the number of Halifax buyers was about 300,000. A stamp duty holiday that...
by A553tH4rbour | Nov 1, 2021 | First Time Buyers, New Mortgages
It’s a contradiction for many aspiring first-time buyers that what they’d pay in mortgage repayments is often less than their monthly rent, yet it remains difficult to get onto the property ladder. It’s not as if the desire to own a property is not there. In fact, 49%...
by A553tH4rbour | Oct 22, 2021 | First Time Buyers, Mortgages, Uncategorized
Lifetime ISAs (also known as LISAs) are a type of ISA created to help people save either for their first home or for retirement. If you take out a Lifetime ISA, the government will give you a bonus worth 25% of what you pay in, up to a set limit, every tax year. Find...
by A553tH4rbour | Sep 27, 2021 | First Time Buyers, New Mortgages
Obtaining a mortgage and buying your first home can be quite a daunting experience but how much do you need to save up for a deposit to buy a house? House deposits are usually between five and 20 percent of the cost of the property, which for first time buyers can be...
