Buying a property with someone else can have major practical and financial advantages – including saving up for a deposit, getting a mortgage and paying household bills.But what exactly is joint ownership or co-ownership? What does it mean? What are the pros and cons?
If you thought the property market was due for a Brexit crash or at least another year of prices going nowhere, you would have got an almighty shock when the Halifax House Price Index for February 2019 was released recently.
So you are not a homeowner now and you want to become one…Have you ever thought that it’s impossible to get on the property ladder – due to obstacles such as lack of affordability and difficulties in saving the deposit? Of course you have!
How hard is it really to buy a property? Given thought, effort and application, it is not some huge difficult thing to buy a house…to live in or to rent out as an investment.
Looking to buy a property…perhaps your first home? Are you worried about making mistakes in what may be your biggest purchase ever? Consider the following 10 factors to minimise the risk of serious mistakes that can cause problems, heartache or financial loss