There’s a lot to think about when you buy a property, from mortgages and deposits to homebuying schemes and hidden costs. This month Andrea Fox joins Andy Webb, broadcaster, money expert and founder of personal finance blog Be Clever With Your Cash, to find out everything you need to know.
How can you find more information? Royal London recommends you seek professional independent financial advice before making financial decisions. You can learn more about the value of financial advice on our website, or visit Unbiased to find a trusted professional in your area. You can also find lots of helpful information on mortgages and home buying on the following sites: Preparing to buy
Money Advice Service: moneyadviceservice.org.uk/en/articles/saving-money-for-a-deposit
Money Advice Service: moneyadviceservice.org.uk/en/articles/how-to-improve-your-credit-rating Homebuying schemes
Help to Buy: helptobuy.gov.uk/help-to-buy-isa/how-does-it-work
Shared Ownership: helptobuy.gov.uk/shared-ownership
Equity Loans: helptobuy.gov.uk/equity-loan/equity-loans Mortgages
Money Advice Service: moneyadviceservice.org.uk/en/categories/mortgages Other housing costs
GOV.UK: gov.uk/stamp-duty-land-tax This episode was recorded in March 2021 during the coronavirus outbreak. For the latest information on financial support and benefits, visit gov.uk/coronavirus. Please note that all topics discussed in this episode can vary depending on your personal circumstances. Any figures quoted were accurate at the time of recording.