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Navigating Mortgages for Homebuyers
Exploring the importance of seeking advice from whole-of-market mortgage advisors, the chapter emphasizes the drawbacks of relying solely on one's bank for a mortgage. It delves into the various costs associated with buying a home, including deposits, solicitor fees, and additional expenses like stamp duty and arrangement fees. Highlighting the significance of credit in the home buying process, the chapter stresses the need for first-time buyers to understand their credit history early on to secure the best mortgage options.