Taking that first step on the
property ladder is simultaneously exciting and terrifying. No matter how old
you are, buying your first property will make you feel like a proper grown-up.

Before you even find the
right property, there’s lots to learn, so in this quick read, we’ve pulled
together our top five tips for first-time buyers.

Be
mortgage savvy

There are so many different
options when buying a first home – whether you’re getting a loan from the bank
of mum and dad, wading through Help to Buy admin, or going it alone. In every
case, a mortgage is the first step you need to take.

For a rough estimate of how
much you’ll need to borrow, there are plenty of online tools that can help. You
could also speak directly to your bank or high-street lender about their
mortgage deals. If you need some extra help, speak to us about a financial
adviser or mortgage broker. We work with plenty of first-time buyers and have
all the info you need.

Be
real

When you first start looking,
it’s important to be realistic about your budget. By looking at properties way
outside your price range, you could find it harder to see the potential in
those that suit your current financial situation. Get yourself a vision board
and focus on the things you really need from a new home.

Be
in the know

Newsflash: not all properties
are on Rightmove or Zoopla. While these sites give you a good idea of what’s
available and for how much, by registering with agents such as ourselves, we keep
you in mind (and updated) before something even goes online.

There’s nearly always competition
for a property, so it’s best to speak to experienced agents and register what
you’re looking for instead of just relying on the internet.

Be
open

You might have a very
specific list of requirements, such as area, parking, outside space, and so on.
However, it’s important to be flexible when you view a property. It might not
tick every item on your list, but it may also have tonnes of potential. Always
view a property before you rule it out.

Be
calm

Once you’ve found a property,
stay calm. If you’ve got your mortgage sorted, you’ve got a conveyancer, and
you’re regularly in touch with your agent, there’s no need to worry. We
understand there’s a lot to get done before you exchange; our job is to help you
take any stress away.

We have served many
first-time buyers at CWB Propertyover the years, and we’re ready
to help you get your feet on the property ladder. Contact us on 01634 304326
today.