How to get your 'dream' home as a first-time buyer: The dos and don'ts from Channel 4's Tayo Oguntonade
28.05.2022 - 11:19
/ ok.co.uk
Great House Giveaway star Tayo Oguntonade has shared the dos and don'ts for first-time buyers hoping to purchase their "dream" home.The mortgage expert, 29, bought his first house aged 22 and he now has a portfolio of properties as well as his successful online platform @brickzwithtipz. And with house prices soaring by a "record-breaking" £55,000 since the pandemic began, as well as the current cost of living crisis, Tayo has issued advice for first-time buyers, including how to save for mortgages. Speaking exclusively to OK!, The Great House Giveaway star has givens his dos, don'ts and tips for first-time buyers...
Get exclusive celebrity stories and fabulous photoshoots straight to your inbox with OK!'s daily newsletter. Starting point "One of my main bits of advice for first-time buyers is first of all find out what your starting point is as the moment. What I mean by that is a lot of people really want to buy a property but they don't know where they are at the moment.
You need to work out what you can afford at the moment. "Speak to a broker, which will give you the advice for free, they'll let you know how much you can afford based on your salary and current deposit.Then what you can then do is work backwards from your goal, you know exactly what you need to do in order to buy the property that you want as well." Your first home isn't your forever home "One of our main tips for first-time buyers as well, which benefited me a lot, is to remember that your first home isn't your forever home. "For most first-time buyers, there will be an element of compromise to be quite honest with you, for most buyers in general...
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