First Time Buyers

You're a first-time buyer, you'll need all the help and incentives you can get, whether its financial or practical help to buy your first home. So just how should you go about making that all important first step onto the property ladder?

Can You Afford to Buy Now?

It's not an easy time to be a first-time buyer - struggling to save for a home in the current financial climate. Unfortunately, now it's almost a necessity to have a deposit of at least 10% - and frequently one that's substantially larger than this - to get a mortgage (there are some 95% deals still around, but the interest rates may put monthly repayments out of reach).

Don't forget the deposit isn't the only money you need to raise - you'll need to consider all the costs associated with buying (Stamp duty, legal and removal costs, survey and mortgage arrangement fees and buildings insurance).

For More information, see our guide here.