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Mortgage & Property Advice Centre for First Time Home Buyers

Help for First Time Buyers

Looking to Rent

It may be that this is a good time to rent - or is it a good time to buy? At least with renting you can have some degree of flexibility - unitil your landlord turfs you out!

The difficulty is weighing up the pro's and cons of renting and buying. Whilst renting you have no real ties, but you are paying off your landlord's mortgage - but when you own, you pay for an expensive mortgage of your own - but at least when you've paid it all off, you won't need to pay rent or for a mortgage after then.

In our Renting Guide we have more information on various aspects of renting - including how you can still invest in property whilst renting!

Renting Guide: Rent to Buy l  Flat or house sharing sharing l Invest whilst renting l Buying property abroad l Making the best of renting l Right to Buy Schemes

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Quick Poll - Current Thinking

Does summer 2009 seem like a good time to step onto the property ladder?

Yes
No

Has the Government done enough in its HomeBuy schemes to help first time buyers?

Yes
No

Do you have the feeling that the mortgage lenders have funds to lend but are just not lending to FTBs again yet?

Yes
No

If new build properties were priced at the same levels as other older properties, would you prefer to opt for new build?

Yes
No

 

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