The finish line is in sight – your offer has been accepted, the contracts are exchanged, and you’re about to collect the keys to your first home.
You’ve found the property you love, your offer is accepted, and now the real journey begins.
Buying your first home is exciting, but it’s also full of traps that can cost you time, money, and unnecessary stress. The good news? Most of these mistakes are easy to avoid once you know what to look out for.
One of the biggest questions first-time buyers face is whether to buy a freehold or a leasehold property. It sounds like boring legal stuff, but understanding the difference can save you headaches (and money) later on.
If you’re a first-time buyer, the word “mortgage” can sound like a foreign language. Fixed-rate, tracker, standard variable, repayment versus interest-only – it’s no wonder people call it a maze.
Buying your first home can feel like standing at the bottom of a mountain with no map. The good news? You don’t need to have all the answers right away. You just need to take the first steps with clarity and confidence.
Letting privately might seem like the smart option. No agent fees, full control, and a direct relationship with your tenant.
If you’re not ready to sell, letting your home is a great option. But if you’re planning to manage it all yourself – marketing, compliance, referencing, rent collection, inspections, legal notices, tenant disputes – you’re not just letting your home…
It’s every landlord’s worst-case scenario. The tenancy ends, notice is served, but the tenant doesn’t leave. They stop replying. They keep paying late. Or worse – they stop paying at all. Here’s what you need to know when things don’t go to plan.
It starts with good intentions – save money, keep control, and manage your property yourself. How hard can it be?
You’ve found a tenant, handed over the keys, and the rent’s coming in. Job done, right? Maybe not.
Sounds dramatic, right? But it happens more often than you’d think. Good people, renting out their property with the best intentions, end up in legal trouble they never saw coming.