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First time buyer.

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Good Evening all,
I'm just after your thoughts and advice really. I am a 21 year old who is in a position to buy my first house.
First off, for a first time buyer like myself at 21, is a 5 year fixed at 3.39% a good start? I have £40,000 to put down for a deposit and I'm looking to buy a place at 80-90k. Would you say this offer in principle is a good one or should I look more?

On a £80,000 house, my monthly mortgage repayment would be £184, I earn £1145 a month after tax. The only other bill I have is my phone bill after clearing my debts recently! :)

In your experience how affordable is that plus average cost of other bills for myself?

Many thanks.
Chris
All views are solely my own and do not represent anybody else nor any companies. Any advice given by me is not legally binding, it is my own opinion and you should seek out advice from a financial adviser, solicitor, lawyer or any other professional relating to your problem if my opinion doesn't help.

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