Buying a house for the first time can be both exciting and daunting, with so many things to consider, it can be hard to know where to begin, Cardiff Mortgage Adviser.
We aim to support you as much as we can, from the initial stages by providing you with a Mortgage in Principle, right through to when you to pick up the keys!
We will also help keep you updated with whole buying process, working with your Solicitor and Estate Agent and to help guide the process from start to finish!
Here are some helpful hints:
Budget
Be realistic about how much you can afford to spend on your house to ensure the mortgage is affordable. Remember to allow for furnishings and to budget for any work that may need doing, such as re-flooring or renewing the wiring. You must also consider any additional expenses such as broker fees, conveyancing and stamp duty.
Second Viewing
Always ask for a second viewing of the property and take an experienced home buyer with you as there may be a few things to look out for, which you may not be aware of.
Bills
Remember to budget for expenses such as utility bills, council tax, home insurance, boiler servicing and other home repairs.
Research Local Area
Look at the local amenities which are important to you, e.g. shops, parks, cinema etc and look at the school catchment area. Even if you do not have children, buying a house within a catchment area of good schools will make properties easier to sell on. Before making any final decisions about where to buy a property, take a walk or bike ride around the local area.
Transport Links
Consider the public transport services. Look at local bus routes and frequency of train services from the nearest train station.
For friendly and straightforward advice contact Premier Financial Solutions: 02920 099 150
Your home may be repossessed if you do not keep up with repayments on your mortgage.
Think very carefully before securing debts against your home. Your mortgage is secured on your home. If you do not make your mortgage payments, you could lose your home.