Rising house prices and rents are adding years to the time needed by first-time buyers to save money for a deposit on a new home, with most now typically requiring almost seven years to set aside.

The vast majority of those first-time home buyers need to get a home loan to do it. Here are 5 things that first-time home buyers need to consider first. The last few years has seen some potential first-time home buyers shy away from buying their first home due to concerns over stagnant wages, rising debt, and hesitancy to make a commitment.

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Getting ready to buy your first home is an exciting time – however it can also be quite overwhelming if you’re not adequately prepared. There are many factors that go into purchasing your first home, and you should ensure you’ve taken some time to list out what you’re looking for, what you can afford and what the long-term priorities are for the property.

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First-time buyers in LA altering criteria to achieve homeownership Smaller lots and communities further away from the city are becoming a reality for new homebuyers by Rochelle Maize

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The Everything Guide to Buying Your First Home In Buy a Home: Step-by-Step. How to find exactly what you want, and how to work with the experts who’ll help you get it.

Post Office Money’s research into the Scottish first time buyer (FTB) market provides interesting insight as to the thoughts and opinions of those struggling to secure their first home. Interestingly, 12 per cent of respondents reported the most frustrating aspect was a lack of clarity about the house buying process, while for 11 per cent, it.

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