Buying a home

If you can afford it and you can get a mortgage from a lender, buying a home might be the right choice for you. In today’s housing market anyone wishing to get a mortgage will need to provide a deposit of between 5% and 25% of the value of the house.

There is a wide range of local estate agents and search engines such as Rightmove and Zoopla which can provide details of homes for sale.

Private housing developers often offer incentives to purchasers as part of their sales process, particularly first time buyers. Incentives can include:

  • free white goods
  • 5% deposit paid
  • legal fees paid
  • property part exchange
  • shared-equity schemes
  • HomeBuy Direct
  • Equity loans
  • FirstBuy.

If you can’t afford to buy a home outright you might want to consider low cost home ownership or other affordable housing options.