First Time Buyers

Buying for the first time is a huge financial commitment for many first-time buyers and you need to be careful not to stretch yourself too far.

Be realistic about just how much you have to spend and take into account rising interest rates. Buying new build for a first-time buyer is a sensible option. Developers, including Colain, have options which can make ownership a bit easier. Second hand homes often require work to be done to get them to a standard that you are comfortable with – this takes time and a money.

Some 1st time buyers are now considering alternative means to get on the property ladder. You could consider buying with friends or family in a shared ownership scheme. This lets you buy a percentage of the house and pay rent on the remaining share.

Have a look at the current Colain developments to see what current offers there are that may ease the process of buying your first home.