On this final episode of season one of the ReadytoBuy Podcast I will be having a conversation with two more of my clients – Liane and James – a couple of first-time buyers that have, at the time of recording, been living in their home for three years since getting their mortgage!

Time Stamps

PART ONE

00:00 – Introduction

01:38 – Meet Our First-Time Buyer – Three Years On

02:17 – Interview with Liane & James: Part One

• 02:56 – Situation When Deciding to Buy
• 05:20 – Getting a Deposit
• 06:46 – On Saving
• 09:00 – Going to a Mortgage Broker

INTERMISSION

11:32 – ‘Definitely Not A Silly Question’ Segment

12:01 – Question

12:09 – Answer

12:52 – Contact Info for Questions

13:18 – Risk Warning

PART TWO

13:56 ­– Interview with Liane & James: Part Two

• 13:56 – The House Search
• 15:37 – Finding the Right House
• 18:21 – Offer Acceptance to Moving In
• 20:23 – Furniture
• 21:23 – Working on the House
• 23:19 – Anything Done Different? 

27:10 – Conclusion

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Notes

(00:00 – 01:37) Introduction

Introducing the podcast and providing details for listeners on where to contact.

Website: mhcmortgages.co.uk

(01:38 – 11:31) Interview with Liane & James – Part One

(Note: Points in brackets are mentioned by me)

Situation

• (Tell me about your situation and the first point you thought you were ready to buy?)
• James: We were seeing each other for a year and decided to take it to the next level and dive straight into a mortgage. We thought renting would be a waste of money. But we we’re both living at home and wanted to fly the nest.
• (In regards to knowing each other for a long time, I would advise to all clients that they know who they are jumping into getting a mortgage with.)

Deposit

• (How did you go about getting the deposit together?)
• James: We decided to go 50/50 on the deposit. It was easier to save by living at home and I opened a Help To Buy ISA and was putting £200 a month into it. I was also saving money regularly whilst at uni.
• (Saving as early as possible in case you would need money is a great mindset to have.  Was it purposefully for a house?)
• James: Saving the money was more in general, but the Help To Buy ISA was for a house. I didn’t want to miss the opportunity of...