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How do I know what I can afford as a first-time buyer?

Buying your first home is an exciting milestone for many people, but it can be hampered by confusion around the process, unexpected costs and a lack of understanding about how much you can afford to spend. Salary, deposit amount and regular expenditure will affect how much you can borrow, so how do you know how much you’ll be able to secure and what schemes are out there to help first-time buyers get that crucial first step on the property ladder?

Novello Team ― 4 Jul 2022