Friday 16 October 2009

Perfect opportunity for first-time buyers to make their move

Now is the ideal time for first-time buyers to take the plunge and get their foot on the property ladder.

For a long time first-time buyers have struggled to get their foot on even the lowest rung of the property ladder, but now the tide has turned, and it is a great time for them to seriously consider buying a property.

There are some fantastic new mortgage products available at the moment specifically aimed at first-time buyers, property prices are much more realistic and the stamp duty threshold will remain low until Christmas.

It is important that first-time buyers thoroughly evaluate the amount of money they have available to put towards a property,research mortgage deals and familiarise themselves with the different types of loans available. They should also consider the type of property they require and what area they wish to live in.

We are certainly seeing more first-time buyers and are always happy to advise them on the best way forward.

Asking prices are significantly reduced, there are some excellent mortgage deals around and interest rates are low all of which are encouraging first time buyers.

Buying a first home is one of the most important steps anyone will ever take and now is a great time to take that step.

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