First Home Steps

First Home Steps

Saving up to buy your first home? Buying a place of your own for the first time is exciting but it can also seem daunting, there’s a lot to sort and work out. From deciding where to live, to working out whether you can actually afford it, and then how to get a mortgage on it, let alone which mortgage. And that’s before even starting the paperwork and legal bits. 

With all this to consider, whether it’s just you getting on the property ladder, or you and your partner or friend, it’s important to know you don’t have to figure it all out on your own. At Principality, we’re here to help you every step of the way, just like we have for Members over 160 years.

First Home Steps app

This workout covers how to start the house buying process:

  • Where do I want to buy? 
  • What’s the average house price in my chosen area? 
  • How much could I borrow?
  • Schemes and products to help get me there 

It’s all about the balance! How to live your life and also save at the same time.

This workout covers:

  • Deposit sizes
  • Why is Loan to Value so important?
  • Hidden costs