First Time Buyers

Getting on the property ladder in today’s market can seem a daunting and impossible task, the main message we want to convey is - don’t give up hope! There are a number of ways for first time buyers to get on that first rung, but before going any further there are a number of things to consider including the costs involved and routes open to you.

Remember to be realistic when searching and be prepared to compromise, as a first time buyer purchasing that great big house of your dreams may not necessarily be achievable. With the popularity of property investment and development TV programmes it is extremely common for people to view properties with the potential future profit at the forefront of their mind. Try to look beyond this and remember you are viewing what will possibly be your new home, take the time to enjoy the excitement that naturally comes along with this.

The other topics within our Purchasing section offer information that can assist you as a first time buyer but in addition we have decided to include this category with advice and tips aimed specifically at first time buyers.

  • Negotiations as a First Time Buyer

    Buying your first house can be daunting and once you’ve found a property you like it is difficult to know how to go about negotiating. The amount of time and effort that people put into finding ...

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  • Mortgage Incentive Schemes: Are they worth it?

    Whilst it can be tricky to get your hands on a mortgage in the present economic climate, it is far from impossible. Indeed, many mortgage lenders will court your business by offering you incentives to...

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  • The Role of the Conveyancer

    Transferring the ownership of your dream home from the vendor to you is a legal process known as conveyancing. As it’s a role that requires in-depth knowledge and practical training, it is esse...

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  • Shared Equity/Ownership

    In the present economic conditions it can be tough to get on the property ladder. Finding the spare cash to put a deposit together is perhaps the hardest part, and even then you have to convince a mor...

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  • Home Insurance: When, How and How Much

    You’re getting closer to finally owning your first home - and what an exciting time it is! Once all of the legalities are in place, now is the time to be thinking about insuring your new pride ...

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  • New Builds vs. Older Properties

    If you have not yet been lucky enough to find the home of your dreams then fear not – you are not alone. It can take months for the right property to be listed on the market….which gives ...

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  • Freehold, Leasehold and Commonhold

    Each property that is on the market and available to purchase falls into one of three broad categories: Freehold, Leasehold and Commonhold. These classifications can have a number of implications on ...

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  • Deposit Do's and Don'ts

    Perhaps the hardest part of getting a foot on the property ladder is the deposit. Finding a large lump sum of money to put down can be tricky – especially in the current economic climate. But i...

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  • Exchanging Contracts and Solicitor's Searches

    So you’ve had your offer accepted on your new home – yay! Now you will have to go through the motions a bit, complete all of those pesky administrative tasks and wait for your solicitor to...

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  • Making An Offer

    Purchasing your first house is an incredibly exciting time, and once you’ve found the property of your dreams your instinct will be to put an offer in pronto. But don’t be so hasty: there...

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