This is a collaborative post. There’s plenty to consider as a first-time buyer. Despite the challenging financial conditions illustrated by the cost-of-living crisis, now could still be a good time to buy a house. After rising by an average of £55,551 in just 24 months, house prices are projected to stabilise this year. However, if interest rates continue to rise, this could lower the demand for mortgages, making it easier to find a better deal. If you think now’s the time to purchase a house, then it’s worth reading on to find out the essential considerations when buying a mortgage. …
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