Buying a home is rarely ever straightforward. As a first time buyer, it’s easy to make mistakes while trying to negotiate the process. Some of these mistakes could be very costly and could even prevent your purchase from being improved, so it’s worth being aware of them so that you can avoid them. Below are just a few common first time buyer mistakes to avoid.
Getting a mortgage can seem like an impossible task to a lot of young families starting out, and the pandemic hasn’t made it any easier. Despite the challenges, there are ways that you can improve your chances. You need to make yourself as attractive as possible to lenders if you want to get the best deal on your mortgage.
It’s no secret that having children can be an expensive business. No matter what good intentions you start out with about how they won’t be spoiled or have everything they ask for, your household expenses are bound to increase considerably.
And hand-in-hand with having kids goes the need for a bigger or more suitable house to accommodate you all, which of course is likely to be more expensive as well due to the requirements for more bedrooms, a bigger garden and simply the need for more space.