Buying your first home can be exciting but for many it can also be a nervous time as you are potentially taking on a a lot of debt and making a lifelong commitment. You need to think carefully about what sort of home you are looking to buy, how much you want to spend and how you are going to buy it. You first need to find out how much you can borrow based on your income or joint income if you are applying to get a mortgage with someone else. You also need to consider what deposit you have as this will have a massive impact on what property you can afford. If you have a small deposit or ca only borrow a small amount then you may need to opt for a shared ownership house where you own half and someone else owns the other half. This is a great way of getting on the ladder.

There are a lot of new houses being bult up and down the country at the moment, so you may decide that you want to invest in one of those. You often do not get quite as much for your money with a new build in terms of actual space but you would hope to have less hassle in terms of the building itself. Many new builds also come with a warranty that covers a lot of things should a problem develop over the first few years.