With the change in Stamp Duty and interest rates at an all time low, many would consider this to be the prime time to get on the property ladder.
However, whilst buying your first home is exciting, it can also sometimes be stressful.
As a first time buyer, it can be confusing to know what you need to do and when.
With such high figures being discussed, it can also be easy to pay more than you need to for a range of services. However, the additional cost can sometimes be worth it.
Whilst making use of comparison websites can be very helpful in finding you a good deal, it’s important that you speak to the people who will be involved in your purchase.
You may be able to find a cheap solicitor but if it’s hard to reach them and you have the estate agents on your back and the sellers getting inpatient; the lower cost may not be worth the hassle!
Similarly, having a mortgage adviser can take away a lot of headache.
Whilst your bank can only offer you their rates, a mortgage adviser is able to conduct a whole of market review to get you a competitive rate from any lender, whilst also giving you an easy point of contact to discuss your mortgage requirements.
They will liaise with the lender on your behalf and are able to be objective, acting in your best interest at all times and assisting you throughout the application process to minimise delays or issues.
In summary, as with most things in life- you get what you pay for…