Steps to buying first home

[Captain]

No stamp duty for first time buyers so there’s a bonus.

It’s best to go and speak to a mortgage advisor and see what your maximum limit you can borrow is, then look at houses 10% cheaper than that, gives you room for negotiation then.

 

[byeo]

As daft as it may sound, if I go speak to a broker now, I’ll have just under 15k deposit. Come May it’ll be 18k, they can only advise me on what I have at that moment in time right? Would I have to go and see them again and get another AIP if my deposit goes up?

 

[DeanT77]

If you want a gauge at the moment then just try a mortgage calculator and then see a broker when you are serious?

 

[byeo]

If you want a gauge at the moment then just try a mortgage calculator and then see a broker when you are serious?

Thanks, I’ll do just that.

 

[shiver]

Top first post, would read again