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Where can First Time Buyers afford to buy?
- Speak to an independent mortgage broker or IFA to find out exactly how much you can borrow and what your new monthly outgoings would be
- Be clear on all the associated costs of buying: stamp duty, survey, legal and finance fees, removals, etc.
- Most people live within 30-60 minutes of where they work – in London it’s up to 90 minutes
- Check property portals, like Rightmove & Zoopla to research different areas and understand what you can afford and where
- Wherever you’re buying and whatever your budget, there will always be a compromise on space versus location
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