Archive for November, 2019

How much do first-time buyers need to earn to buy a home?

how much to buy a house

If you’re a first-time buyer, your first concern will understandably be whether or not you can afford to buy. You may have found the house of your dreams, but do you earn enough? Recent findings by Zoopla have shown that the average first-time buyer needs a household income of £54,000 to secure a mortgage. Further [read more…]

Help To Buy ISA vs Lifetime ISA: Which is best for you?

help to buy vs lifetime isa

If you’re thinking about taking an ISA out, you’ll want to be fully informed on what is best for you. For first-time buyers, there are plenty of ISA savings options out there, and some will work better for you than others. Depending on your financial situation, lifestyle, habits, and other variables, a Help to Buy [read more…]

The government’s proposed changes to shared ownership explained

shared ownership guide changes

Good news, first-time buyers! You have more of a chance to step onto the property ladder due to the recently proposed changes to the UK’s shared ownership Government scheme.  This guide will outline what these shared ownership changes are and how they will work, as well as who can benefit from these changes in Manchester.  [read more…]