Are You Ready To Climb The Property Ladder?

Are You Ready To Climb The Property Ladder?

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You might be thinking about buying your first home this year. But are you ready to jump onto the property ladder and start climbing? First, you will need some money saved for the deposit. Even small homes need a fairly large deposit. Otherwise, you can end up with a shoddy mortgage deal. The good news is that you can get savings accounts specifically for the purpose of buying a home now. As such, you will find raising the cash for your home is a lot easier. Here are some other things you need to think about.

Bigger Bills

Don’t forget that when you buy a home, you are going to be paying higher bills compared to when you were renting. It’s important that you understand what this means and are sure that you can handle the extra cost. A lot of people end up in debt because they weren’t prepared for the increased cost of home ownership.


Don’t forget that buying a home isn’t the end of your money trouble. You also need to pay for the obvious renovations and redesigns that you’ll want to make to ensure it’s perfect. No one buys a home and then leaves it exactly as it is.

Credit Score

To get a great home mortgage, you need a fantastic credit score. If you have borrowed money and failed to pay it back over the years, your credit score isn’t going to be healthy, so you need to fix it. You can find out more about your score online or in the following infographic.

Infographic Created By MyCreditMonitor

Naomi Isted
Editor in Chief, Naomi Isted is known as The Ultimate Lifestylist to her readers and viewers. She is a TV Presenter and Columnist. Ranked in the Top 100 LFW Social Media Influencers AW14 & SS15, Brand Ambassador for Pears Soap UK. Her Celebrity beauty TV Series currently airs to 27million homes on Physique TV in UAE, previously on Wedding TV in the UK. She brings fashion and beauty advice to her readers and viewers on a daily basis. She is Fashion and Beauty Columnist for Herald Scotland and has a Fashion and Beauty Bridal Blog for HELLO. She can usually be found attending celebrity fashion and beauty events in and around London and sharing the latest fashion and beauty trends with her readers.

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