The costs of buying a house
Given the neverending housing crisis, a lot of young people are wondering, will I ever be able to buy a property? Tap that link to learn about all of the different tips and support schemes out there to help you. And remember that buying a property isn’t the be-all and end-all of everything, so don’t put yourself under too much pressure. Whilst it might seem like a distant dream now, you never know where you’ll be in a few years.
Credit ratings
One thing that everyone considering buying a property will hear about at some point is their credit rating. Yes, it’s about as exciting a subject as watching paint dry, but if you don’t look after your credit rating it can make getting a mortgage more difficult and more expensive. Check out our article on how to boost your credit rating for an overview.
Mortgages and the homebuying process
Next up, you might like to check our article explaining everything you need to know about mortgages. That should clear up some of the confusing terms and jargon you hear about interest rates, trackers and so on. Wondering how the homebuying process works in the UK? We’ve got you covered for that too. Find out everything you can expect from start to finish in the article we just linked to.
The hidden costs
And finally, down to brass tax, read our article on the hidden cost of buying a house so you understand what else you’ll need to pay for besides the property itself. Not much fun, but the sooner you know what to expect the sooner you can figure out how to get there.
Useful links
How to boost your credit rating: Credit check advice
What is a mortgage? How mortgages work
Splitting up when you own a house with someone
The process of buying a house explained
Buying a house with a friend or jointly with parents
Problems buying a house and after buying a house
Will I ever be able to buy a property? Government support & other options
Learn more about buying a property
Have a look around this section of our website and if you don’t find what you’re looking for please go ahead and reach out to us. The Mix would love to hear from you and we’re always keen to expand on the information we have available with anything else that young people might want to hear.
How I managed my money living alone
Mike explains how to budget and pay your bills and what you need to look out for when moving into your own place for the first time.
