Saturday, Jul 19, 2008
Relentless ramping from the Scotsman
Scotsman: There's nothing like the first time
First-time buyers do have one thing going for them – falling house prices.
For buyers with deposits, this is great news, according to Scott Brown, of Warners estate agents.
"As long as you can afford the asking price, it makes sense to buy just now," said Brown.
"There is less competition for properties, you have a wider choice and there is a chance to negotiate with sellers. But the upturn in prices will be quick, so if you sit and wait for mortgage rates to improve you will miss your chance."
Here are the options:
BANK OF MUM AND DAD
GUARANTOR MORTGAGE
MULTIPLE APPLICANTS
SHARED OWNERSHIP
Posted by little professor @ 04:23 AM (225 views) Add Comment
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