http://mycreditdebt.org/first-time-buyers-fail-to-shop-around.php Debt and Credit Blog and Resource Center Wed, 30 Mar 2011 17:42:44 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://mycreditdebt.org/first-time-buyers-fail-to-shop-around.php/comment-page-1#comment-409 Rob@Mortgage Comparison Sat, 13 Feb 2010 21:49:46 +0000 http://mycreditdebt.org/?p=1151#comment-409 Property has become very affordable for first time buyers, however many are still failing to be able to get their foot on the property ladder. While many first time buyers may be able to afford the monthly mortgage repayments, they are struggling to find the deposit for the mortgage. A typical deposit is currently around 20% to 35% of the cost of buying the property. This means that if the property is 100,000 they have to find a deposit of at the very least 25,000. Property has become very affordable for first time buyers, however many are still failing to be able to get their foot on the property ladder. While many first time buyers may be able to afford the monthly mortgage repayments, they are struggling to find the deposit for the mortgage. A typical deposit is currently around 20% to 35% of the cost of buying the property. This means that if the property is 100,000 they have to find a deposit of at the very least 25,000.

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