The real estate market is heating up despite Covid-19, mainly due to the lack of building over the last 10 years, so there is a shortage of supply, and as a first-time buyer, it is only natural that you feel somewhat anxious about acquiring your first property.
Not only is getting a mortgage and buying a home one of the most significant investments people make in their life, but there’s also a lot of specialised terms and definitions to get your head around.
After all, knowing everything that needs to be done when it comes to stepping on the property ladder for the first time can be quite confusing.
If you are about to take that big step and buy your first house, the best route to success is to ensure you have all the vital financial and legal aspects in order. Knowing these facts will save you time, money and sanity!