How to Buy a House in UK if you are on Work VISA | First Time Buyer Scheme 2024 | Jangofied
JangoFied JangoFied
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 Published On Aug 23, 2024

In this video, i have shared information in easy way to understand to buy a house in UK. Property in UK is high in demand due to mass immigration and population increase. Whereas lot of people demanding for new houses or flats but have no clue how to start the journey to buy dream house. Buying house in UK requires you lot of hurdles and essential checks. Today i am going to share such paths ensure you to buy your own house in UK. So lets get started -
1. First of all, you have to be clear about what kind of property you are looking for and at what value. Property prices in UK varies according to county or regions. Moreover size of the property matters as well for example two bedroom house or more. So you have to sure what kind of house you want.

2. After the selection of property, now you need money to buy. And as in most of cases, people has to get mortgage money from the bank to support their buying process. Here comes the flashlight, if you have selected a house then you need to ask for Mortgage Advise from an expert. They will evaluate your current financial status as well the ability to buy particular property. They can guide you they way to arrange mortgage for your house.

3. After concerning to a mortgage adviser, you will be asked for the deposit money. The money you can pay as down payment of the house referred as deposit money. In the most of area in UK, one would be ask to manage deposit of upto 20% of the entire value of house. It may or may not be included the stamp fee, solicitor fee and advisor fee, depends upon the estate agents.
For first time buyers, you can get extra benefits as well as low deposit ask on your house. It means if you are going to buy your first house, you may be ask to deposit 5% to 10% of the entire value of property. Sounds good!!

4. After this all sorted out, you are ready to buy the property. Now you can pay the monthly instalment of the house upto the period of time you agreed. If in case, you want to pay more money off the principal amount, do make sure to wave off the interest as well the time period of mortgage plan too. It can save you lot of pounds.

So this is all about the ways to buy your own house in UK. If you need further help in this subject, do let us know at [email protected] or you can drop a comment in section below the video.
We really hope you like the video, do Subscribe to our channel and share the video who is looking forward to buy property in UK.
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