The government’s Help to Buy scheme was launched in 2013 to offer people financial help towards buying a newly built home in England. Since it was launched, over 270,000 people have used the scheme to buy a home, of which 82% were first-time buyers.
Pitfalls that first-time buyers should look out for
One of the biggest financial commitments you’ll make in your lifetime is buying your first home. If you’re nervous about making a mistake with this major purchase, here’s how to avoid some of the most common pitfalls for first-time buyers.
7 steps to give you the best chance of having your offer accepted
Making your first offer on a property can be a nerve-wracking experience. If you go too low, you could miss out on the home of your dreams. If you go too high, you could take on more debt than you need to. To help you decide how much to offer and give you the best chance of having your offer accepted, here are some tips.
In the process of buying a property, you may encounter technical terms that you’re unfamiliar with. We’ve translated some of the common phrases that come up in conveyancing into everyday language, so that you can easily understand how they affect you.
Since most home sales take place while the current owners are still living there, buyers can be a little wary of viewing empty properties. There’s really no reason for this trepidation if you’ve considered the advantages and disadvantages in advance and know what to expect.
Receive a free 25% savings bonus towards your first home
Saving a deposit to buy a home can take a long time, but there are ways you can speed up the process. One of those is to use an Individual Savings Account (ISA) that’s designed for homebuyers so that you can receive a free 25% bonus from the government.
Which is the best type of property survey for you?
After you’ve made an offer on your new property, but before you’ve signed the contracts, it is usually advisable to appoint a qualified surveyor to look at it and identify any major repairs or alterations needed. There are various survey options available with different levels of detail.
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