When approaching the complex journey of purchasing a home for the first time, it's crucial to sidestep common pitfalls that can turn a dream into a financial nightmare. Here's a closer look at those critical mistakes and how to avoid them, ensuring a smoother and more informed path to homeownership.
MORTGAGE experts are warning buyers to beware of negative equity as property prices soar in the scramble to catch the stamp duty holiday.
They fear the value of homes could drop later in the year leaving new homeowners owing more than their house is worth, at least in the short term, especially if they have taken out a 95 per cent mortgage.
