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Pennies To Pounds Podcast
104. Homeownership 101: The First-Time Buyer Guide ft Dan Knott
Mar 19, 2024
Learn about buying your first home with expert tips from mortgage advisor Dan Knott. Discover the importance of credit checks, navigating the timing of home buying, and schemes available for first-time buyers to boost savings. Explore different mortgage options and understand the costs associated with buying a home.
19:11
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Quick takeaways
- Consider personal readiness and market conditions when deciding to buy a home.
- Prepare for additional costs like solicitor fees, property surveys, and moving expenses when buying a home.
Deep dives
State of the Property Market
In 2023, there was a decrease in first-time homebuyers, possibly due to pandemic-related uncertainties, high property prices, and increased interest rates. However, towards the end of 2023 and the beginning of this year, there has been a positive trend with sales and demand increasing, indicating a brighter outlook for buyers.
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Discover
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