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Falling mortgage rates are bringing welcome relief to first-time buyers. Monthly repayments on the average UK first-time buyer mortgage are now around £355 less than three years ago — easing financial pressure and making homeownership feel more achievable for many ready to take their first step onto the property ladder.
Buying a home is one of life’s biggest decisions. Whether it’s your first purchase or your fifth, the process can feel daunting, with plenty of pitfalls to avoid. From mortgages and surveys to legal paperwork and negotiations, there’s a lot to take on board. By arming yourself with the right information and working with a knowledgeable local estate agent, you’ll be better placed to make smart decisions and find the home that truly fits your needs.
Buying your first home in Attleborough is never easy, but it’s not as impossible as headlines suggest. While prices are high, history shows affordability is improving—mortgage costs now take a smaller slice of income than in past decades, giving today’s buyers more breathing room.
If your home has been sitting on the market with no progress, you’re not stuck. Switching estate agents is easier than you think, if you understand your contract and prepare properly. Here’s the truth, the timelines and the process to relaunch with impact.