When a house goes to best and final offer, the stakes are high, and requires some tactical and strategic planning to win and secure your dream home.
Once your offer has been agreed with the seller, the Road to Exchange race is on! A key part of that process is to get a formal mortgage offer. However, the mortgage timeline can vary by mortgage lender, how complex your financial situation is, as well as whether you are prepared with all the documents required.
All First Time Buyers need to get an Agreement in Principle at some point in the process when buying their first home. But do you need to get an Agreement in Principle before viewing properties?
At some point during the process of buying your first home, an estate agent will ask you for Proof of Funds or Proof of Deposit, as part of their buyer checks. What information should you provide?
If you are buying a house on your own, one question you might have is: when one partner owns the house, what are the rights and risks for the other partner?
Every First Time Buyer will face a dilemma of whether buying a house on a main road is an acceptable trade-off. Should you consider buying a house on a busy road if it ticks all your boxes and the price is good?
Most First Time Buyers will be buying their first home in a house chain. However, what happens when the top of the chain pulls out?
Before you start house hunting, a crucial thing you need to know is the minimum deposit for a house that you want to buy. Answering the question “how much deposit do I need?” should be one of your first steps.
A key to FTB success is finding all the properties for sale that meet your criteria. Rightmove is a good place to start, but what about properties not on Rightmove?
Now that you are a homeowner, one of your key responsibilities is making the mortgage payments. And you do not want to fall behind on your first mortgage payment and ruin your good credit score that got you a mortgage in the first place!