There are deals that’ll give you up to £5,000 in cashback for signing, which certainly sweetens the cost of rinsing your savings account.
It’s not all doom and gloom if you’re looking to get on the property ladder Autumn is one of the busiest times of year for the property market, as people hunt for new homes between summer holidays and the festive season. Getting a foot on the property ladder is expensive and stressful, with figures from Gov UK putting the average property at £282,000 nationwide, a figure that increases to £689,245 in London.
And if you’re a first-time buyer, some developments will actually pay you to buy. Take Royal Docks for example, where some building associations will offer cash incentives to encourage first-time buyers to move in. Prices are cheaper because there are more homes to choose from Aqua Gardens offers a £5,000 cashback of one, two and three-bedroom shared ownership homes – but only if you use their recommended solicitor and broker, and exchange within 28 days.
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