One of the most popular subjects when it comes to buying and selling is how to get onto the property ladder. Unfortunately, while there is no definite way to achieve this instantly, there are ways you can give yourself a try at getting onto the property ladder.

In this article, we are going to be sharing our top suggestions for how to get onto the property ladder.

1.       Make sure your finances are in order

While this is probably one of the most obvious pointers, making sure that you can financially support yourself through the moving process is vital. If you don’t receive a regular income or you have any outstanding debts, that needs to be addressed as soon as you’re planning on contacting an estate agent when planning to put your property on the market. Make sure that you are aware of your financial records so you can receive the maximum benefits of selling or renting out your property.

2.       Check your credit ratings regularly

By regularly keeping an eye on your credit score, you are responsibly checking how you will be viewed by estate agents and lenders when you’re applying for a mortgage. You will also be able to identify any concerns that may flag up. There are several different rating agencies where you can check your credit score. 3 of the most popular credit score companies are Experian, Credit Karma, and ClearScore.

3.       Research governmental guidance and help

After the pandemic and the current cost-of-living crisis, housing has become a huge concern for the British government. There are new schemes and guidance information popping the last year or so, things like the recent energy bill discount scheme and the Help to Buy scheme are worth taking some time to explore what you are eligible for.

4.       Search for a reliable mortgage broker

Mortgage advisors are great for helping you take your first steps. They can help you get a better understanding of your price range, advice on getting a mortgage, and how to face any oncoming obstacles.

For more information about the best estate agents Whitefield has to offer, get in touch with a member of the Philip Ellis team today!