Getting a mortgage is a serious commitment, and buying property is often rife with unforeseen costs, no matter how carefully you plan. But the rewards of owning your own place can make it all worthwhile.
In this guide, we explain:
Call Which? Mortgage Advisers for expert guidance on when and how to buy a property.
Your home may be repossessed if you do not keep up your mortgage repayments.
Before making a major financial decision like buying property, it's worth stopping to ask yourself if you have all the necessary information.
These questions can help you work out how ready you are to buy a home:
First-time buyer videos: things I wish I'd known
In the videos below, first-time buyers share what they wish they'd known before buying their properties and give tips on how you can avoid the problems they faced.
Next steps to becoming a homeowner
While owning a home can be wonderful, the buying process is expensive, stressful and time-consuming.
Home ownership isn't for everyone, and you shouldn't feel pressured into buying a property – only do it if you really feel ready for the commitment and plan to stay put for at least five years once you've taken the plunge in order to make the expenditure worthwhile.
Once you're ready to take the plunge, our guide to buying a home can help you understand the next steps.
- If you do think you're ready to become a homeowner, we'd recommend calling Which? Mortgage Advisers on 0808 252 7987 to find out how much you might be able to borrow. The team of friendly, impartial advisers can help you work out the best mortgage and deposit options based on your personal circumstances.
Correct as of date of publication.