You may be able to use housing benefit to buy your first home, according to government reports

We'll keep you updated with any future developments. In the meantime, here are some practical tips to help you get on the property ladder.Getting your time-frame right is important. You could end up frustrated and disappointed if you rush yourself, but a time-frame that is too long can start to feel abstract and unachievable, too.

Then, take a look at your budget and work out how long it’s likely to take you. You might want to play out a few scenarios, especially if you’re anticipating a pay increase, or if you want to see how plans like holidays or other big expenditures will affect your progress.Even if you’re very early in your career and perhaps earning a lower salary as you gain experience, there are things that you can do to maximise your chances of home ownership in the not-too-distant future.

Because the habit is already in place, all you need to do is increase the amount when you can, and you’ll quickly build a decent savings pot. Mortgage lenders also love to see regular, well-establishing saving habits, as it shows them that you’re conscious about your money.

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mortgages will be able to be paid using housing benefit under sweeping reformsBRITS will be able to use their housing benefit to pay for their mortgages under sweeping reforms to get millions more on the housing ladder. Boris Johnson will today announce the radical shake-up …
Source: TheSun - 🏆 64. / 61 Read more »

'Baffling, Unworkable And Dangerous': Experts React To Boris Johnson's Housing PlansThe prime minister wants to extend right to buy and allow benefits claimants to buy their own homes. He only wants to go to a lot of house warming parties. What on earth is the point of working anymore? This guy is really a clown leading a circus. Let's just give benefit claimants the property. You know as well as I do, they would not be able to afford the mortgage, and repossession would take place. Making them homeless.
Source: HuffPostUK - 🏆 108. / 51 Read more »

Boris Johnson proposes using housing benefits to pay for a mortgage\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t Is he drunk again? That’ll sit well with taxpayers 🤣🤣🤣 Maggie part 2 BorisJohnsonOut BrexitHasFailed So if myself & husband 'loose our jobs' does that mean we can claim housing benifit and pay off our mortgage? Aound like a plan to me..🤪
Source: FT - 🏆 113. / 51 Read more »

AnOther Magazine 15 | Scarlett Johansson by AM HomesScarlett Johansson and AM Homes collude in a unique interview for AnOther Magazine A/W08; one that combines truth, fabrication, surrealism, wishful thinking and a lot of driving
Source: AnOtherMagazine - 🏆 97. / 51 Read more »