How Do You Jump Straight Onto The Property Ladder?
The property situation in the UK has been steadily rising for many decades now, but finally it seems slowing down and possibly the reverse happening. Currently the market is very unsteady, some experts predicting a slight recession whilst others saying it’s merely a slight hold up before continuing to rise again. Either way it is making everyone a little nervous and more reserved than usual. Due to the unease it is the perfect break for the opportune developer looking to jump on the ladder. As less people are investing, you will find more attractive offers that you can seize and capitalize on. However before you jump straight in and start manically house hunting, bear in mind the following factors first, and in particular the hidden financial costs that can ruin any potential development by sapping up the whole budget! Firstly decide on a suitable mortgage that will allow the cash needed to buy a property and do it up, if necessary, but does not cripple you with excessive repayments. A