What is an administration fee?

Navigating your finances as an aspiring first-time home buyer can feel like a minefield - from maintaining your credit score to saving up for your deposit - but knowing the money mistakes most first-time buyers make and how to avoid them will help smooth out the process.

Buying a home is both exciting and stressful - determined by an infinite number of factors that vary depending on the lifestyle you want or the needs you have. However, everyone’s journey starts at the same place - how much you can afford to spend on a home.

House-hunting is always stressful, especially so for first-time buyers worried about making a mistake that could end up costing them a lot of money. However, they can easily take the strain out of the situation by following some basic guidelines.