Being a first time buyer can be exciting, but nerve wracking at the same time. While there a lot of things we would definitely recommend you doing, there are certainly some things you should be mindful of NOT doing.

Cat King, our newest addition to the Move iQ team, will take you through the 7 things first time buyers should avoid:

1. Starting Your Search Prematurely
Be very clear on your overall budget and what you can realistically afford. Factor in the running of the household after your purchase.

2. Not Speaking to a Professional
Mortgages are complicated - it's important to get in touch with a professional to help you get the best out of your deal.

3. Ignoring Other Financial Commitments
Apart from the mortgage, you need to insure the building and its contents, make sure you're paying the right amount with the right provider, and be responsible for other bills that come with owning a household.

4. Not Being Prepared
Make sure you're the most appealing buyer out there by being prepared. Engage a solicitor and have your deposit and other information sorted in advance.

5. Being Hostile
Estate agents are busy people. Be polite and demonstrate how keen you are - don't be rude and hostile.

6. Taking on New Loans
Avoid taking on new loans before completing a deal on your home. Several checks will be done, and any new loans that are identified may hurt your chances.

7. Not Having a Backup
If you retain some savings for a rainy day, you'll be in a far better position should anything go wrong.

We hope these tips add value to your move and help everything run a little bit easier. Thanks for watching and good luck with your move!

As mentioned in the video, Move iQ can put you in touch with professionals to help make your move run a lot smoother.

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