Get Taken Seriously As A First-Time Buyer

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Wherever you go, you can find tip after tip on how to save up the deposit as a first-time home buyer. There are articles to teach you how to cut your budget down to the bare bones to make additional savings and there are articles to explain the legal side of buying a home. The problem with all those articles, is that there are so many out there! You have to look in more than one place to get the information that you need, which can lead to confusion in what step to take first and when.


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So, to break the trend, we have a few tips to make your home-buying easier, and everything you need to know is all here in one place. You want the lenders out there to see how serious you are about buying a home, and to do that you need to show them that you know what you’re doing!

Know Your Budget. The first thing you need to think about is your budget and what it is you can afford for both your deposit and your home. Be realistic about your budget – you won’t necessarily be nosing around million-dollar homes for your first one, but you can still be looking at homes that fit the budget you have. You’ll have to do a few housing calculations and work out what you can and cannot afford.

Pay Down Debt. While we’re talking about budget, check out and see how you can manage your debts and improve your credit. This can help free up some of your monthly income and give you a little more leeway when it comes to your mortgage ability. Old debt should always be sorted out before you go for pre-approval with the lenders; other than student loans! As long as you can show that you are making repayments on time for student loans you should be accepted.

Don’t Settle. When you are buying a house, you need to be clear about what you want, look for it and go for it. Don’t pick up the first house you buy unless it literally is the perfect home and you can see yourself living there for a good few years. All that you will end up doing is putting yourself in a position where you will have to start all over again in a few months’ time!


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Buying a house isn’t an easy process. You need to do a lot of research before you get to that final signature. You need to search the market and enter it at a time that works well for your budget and you also need to know how much you need to save up. buying a house is more than having just a deposit; you need stamp duty and solicitor’s fees and money in the bank for home insurance. As a buyer, these things are so important to know about so take your time and don’t rush the process. It’ll make a difference in the long run!

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