The home-buying process can be complex for the first-time buyer (FTB). So much so that finding the right home can start to seem like the least of your concerns!
Here are some top tips to prepare financially before you kick off your search:
1. Know what you need. Before you start searching, make sure you separate the essential stuff from the nice-to-have extras
2. Check your credit score. This will be essential during the pre-approval stages
3. Get a mortgage in principle. Knowing roughly how much you’ll be able to borrow will help set a realistic budget and save time as you start searching for properties
4. Know the full cost. Stamp Duty, solicitor fees, removal costs and extra furnishings all add up… when calculating your costs, it’s important to factor in these costs too!