Why buying you first home may not be as out of reach as you think.

You want to buy your first home, but everyone is telling you that you can’t afford it – you hear it from friends, your family and the media, so why should you try? You feel that giving away your hard-earned cash to your landlord each month is the norm and you just need to get on with it. Does this sound like you?

Here is a question then, how do those people manage to do it, when for you it might seem unattainable?

Inevitably, all those people that tell you that buying a house is out of your reach probably don’t know that much about your financial situation, and probably aren’t trained mortgage or property professionals. So why listen to them? If you want to own your own home, then you just need to know how to do it by speaking to a professional, and with Fenton Simpson it doesn’t need to cost you a penny

What is the solution?

The first thing to remember if you want to buy a house is that you need to understand your financial position. All mortgages are based on affordability, so understanding your income and outgoings is critical.

Arrange to speak to a Fenton Simpson mortgage adviser, an initial chat is free and will show you what you are able to borrow now, or alternatively what your financial situation needs to look like in order for you to borrow the amount of money you need.

This will now give you an actionable plan which will lead you to your first home.  More importantly, you may also discover that you can afford more than you thought so you might be able to get out looking at property straight away!

If you would like to find out what you need to do to buy a home, arrange a free appointment with one of our experienced mortgage advisers today