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 mortgageĀ - 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 onĀ various aspects of renting - including how you can still invest in property whilst renting!

Renting Guide: Rent to Buy l Part Buy Part Rent 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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Prospects for first time buyers in 2010...

Do you think mortgage lenders will be more generous in 2010?

yes
no

Is 2010 a better year to step onto the property ladder?

yes
no

If new houses were the same price as old ones would you be more likely to buy one?

yes
no

Do you fear that landlords will start snapping up smaller properties again?

yes
no

Are you losing hope of ever getting onto the property ladder?

yes
no

 

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