First Time Buyer. So confused

Rosemary7391

Re house vs flat - what do you prefer? Are you sensitive to noise? Do you like gardening? Would you rather be closer to the city centre?

Alan2020

Detached, freehold house with off road parking and garden, all off an adopted quiet road close to excellent schools and amenities will do for me thanks

confusedftb

LydiaTheKind wrote: »

I'm in a similar situation to you - isn't buying for the first time daunting?!

I'd advise going to speak to a mortgage advisor. I did this recently and found it very useful - I'm an NHS worker and have some very confusing payslips. From what I understand, if your wage fluctuates from month to month then they will ask for 3 months worth of wages, and will take into account any earnings from a second job as long as you receive a payslip from them every month. She made everything very clear about costings etc.

In terms of house vs flat - personally, I'd prefer a house. Less neighbours to worry about, more space etc. Saying that, I'd rather have a flat which I can afford without having to rely on lodgers, rather than a house where I'd rely on lodgers and stress about filling the spare room.

it is so daunting, i could have never imagined it was this daunting. but i think its better to go through this process now rather than later at an older age. how is your process of house buying going? my wages fluctuates a very little from month to month, only because of me doing 3-4 hours up or down every month rather than the employer offering me less hours. if you have gone through the process with a changing income, will you please let me know more about how the whole mortgage process went?

ReadingTim wrote: »

Speak to this lot and get a realistic idea of what someone will actually lend you before wasting any more time on idle speculation and crystal ball gazing.

Without a realistic idea of budget, you're basically playing the property equivalent of fantasy football....

the AiP i got is from these guys, but since getting the AiP my earnings have fluctuated a little. i don't know how will that affect the AiP.

Alan2020 wrote: »

Detached, freehold house with off road parking and garden, all off an adopted quiet road close to excellent schools and amenities will do for me thanks

oh, that's a dream.

voonky

yeah, flat is good but still if you get a place for gardening.children gets a place to play it is really preferable.I will really enjoy it.