1St Time Buyer Were Happy To Help

An All-Inclusive Guide to First Time BuyersAs we spend this month looking at all aspects of property, here's everything you need to know about getting on the housing ladder.Buying for the first time is exciting, daunting and fun. But these days getting yourself on the housing ladder can be hard. Today we'll be sharing our expert tips on how to make sure you're in the best position to buy your house.So here are some basic tips to get you started:1. Save for a Larger DepositThe larger the deposit you offer, the more likely you are to get a better mortgage rate. So start saving. Most mortgage lenders will only lend if at least 10% is paid as deposit.2. Get the Right MortgageGetting the right mortgage based on realistic expectations of payback is important. Use a mortgage calculator to work this out based on your current expenditure and earnings.3. Seek Legal AdviceSeek legal advice, especially around new government schemes like 'Help-to-Buy'.4. Research PropertiesResearching what is the best property for you to buy is a good idea. Jumping in for an unrealistic home is a bad idea.5. Make a Good OfferMaking a good offer on the property you want can ensure you get the house. You don't want to go too low, but you don't want to miss out. Ask for more information about the house and how quickly the seller is willing to sell. Based on those judgements, put together a good offer.6. Hire a LawyerIf your offer gets accepted, it's a good idea to hire a lawyer who can help you. The cost of doing that will save you time for filling in forms and sorting out the legal side of access to the property.7. Get a SurveyUsually these are carried out by the seller, however it's a good idea to get one done yourself, so that you are aware of any problems and prior issues. This can help you deal with any faults in the long run.8. Buy InsuranceBuy insurance. The to-do list of property buying is long and can look daunting. But making sure you are as fully protected as you can be is the best way to go about it. Anything could happen, and the stakes are too high with property to take chances.9. Enjoy Moving InNo doubt this will be the most satisfying part of the experience. Make sure to enjoy it.Need Help with Property Purchase?If you need any advice around buying your property, or simply want to know more, don't hesitate to contact our team on: 0116 2999 199 or email us on: info@d-w-s.co.uk