Buying your first home can be daunting, especially with news reports about the increasing house prices and the restrictions on finding a mortgage. However, there are now many more ways available to you when buying your first house such as using family help, government schemes or buying with friends.
Over the next few weeks, Alistair Hargreaves, a financial consultant at Arc & Co., will be writing a series of articles about the different ways that you can buy your first home. He will explain the advantages and disadvantages of the various options. These should help you decide which is the best option for you. The areas that will be covered are:
Help to Buy
Joint Borrower/Sole Proprietor
Buying with Friends