Things that you need to know before making a decision of buying a house

Main points that you need to know before making a decision of buying a house: ·    Most lenders require a deposit that is at least 5% of the property price. ·    Genuine Savings are savings you have held for at least 3 months ·    The larger your deposit, the less interest you’ll pay over the life… Continue reading Things that you need to know before making a decision of buying a house

What is home loan pre-approval and should I get it?

A formal pre-approval is a critical step in purchasing property - it's when a lender (bank) gives you an approved amount to borrow based on a full assessment of your financial situation. Advantages of home loan pre-approval: Give you some sort of "bargaining power" (check my explanation as below) You'll know exactly how much you can… Continue reading What is home loan pre-approval and should I get it?