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There are many myths about buying your first home, what to do and especially what NOT to do. Check out our 3 simple tips for potential first time buyers below β¬οΈ
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Get a credit card and use it wisely
Many first time buyers come to us and end up struggling because they have no credit history. To get a , you need to be able to prove you have the ability to use credit in a responsible way. This helps you build a credit rating and footprint. So our advice is always to get a credit card, buy your food or petrol on it and make sure you pay it off each month. This will quickly build your credit footprint π£
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Set out a financial plan
Planning is key in every aspect of life and #mortgages are no different. Plan how you are going to save funds for a deposit. We know this is easier said than done, but with short and long term plans, it is achievable. We can help you create this plan π
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Get in touch with us as soon as possible
Talk to us! There are many more things that can help give you the best chance of buying your first home. Not only this, but there are specific mortgage products which may allow you to purchase your first property sooner than you think. Use our expertise and let us help you π
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