Surprising Property Incentives First Time Buyers Have To Know

If you read all the stories about property you would think first time buyers have no chance. Okay, the market isn’t a good today as it was a few years ago. The prices are a lot higher and outstrip the average cost that an average family can afford. Sounds bad, right? Well, it isn’t all doom and gloom. Did you hear that first time buyers? There might be ways that you can afford a property after all; you just need to know the tricks of the trade. Better yet, you need to know the incentives that banks and sellers use to get more buyers to invest. Fortunately, you have come to the right place.

Buy Down Interest Rates

Almost every first time buyer needs a mortgage to afford a property. Unless you have a rich uncle or are related to royalty, you will need to take a trip to the bank. Mercifully, banks know this and have measures in place to make the process cheaper. The main one is known as a ‘buy down interest rate’, and it locks in cheaper repayments over the course of your mortgage. It does that by giving you the opportunity to pay more upfront for lower repayments in the future. So, if the bank offers you 3%, you can pay 1% upfront and get a locked in rate of 2.75% for the mortgage’s duration.

Credit For Maintenance

It is not just the banks that offer incentive schemes. Private sellers will also consider the right incentive if it is in their interest. Taking money off the final price doesn’t sound like it would be in their interest but that isn’t always the case. Selling a property isn’t easy work, and they will consider giving you credit if it makes their life easier. For example, you will want maintenance work carried out before you sign. They don’t want to do it, of course, but you can ask for credit and make it your problem. The extra money is worth the lack of hassle as well as pushing through the sale.

High Bonus Or Commission

A letting agent has a duty to their client, but they are also motivated by money. It isn’t a bad thing because everyone wants more money, but it is something to note. If you are aware of the properties with high commission rates, you can use it to your advantage. These are the properties that agents want to sell more than most because they stand to make a fortune. As a result, you can bargain harder in the knowledge that they won’t scare as easily. Why would they? They stand to make a lot of money even if they have to give you a better deal. Everyone wins in this situation, which is why you should keep your ears to the ground.

Comes Included

Letting agents will provide you with plenty of extras if it helps push through a sale. McKee Homes will help you decorate your home with no closing costs while other companies help you move, for example. The reality is that they have a lot of properties and they want them gone. To do that, they will throw in extras that make a difference to the average buyer.

As you can see, it isn’t the end of the world for first time buyers.  

The 4 L’s Of Greater Business Success

If you have ever tried your hand at business, you will know that it is the kind of challenge which can hold many mixed blessings. On the one hand, when it goes right it is one of the most exciting things in the world. But if things are going less favourably, it can mean a period of great stress and disappointment. It is helpful for anyone in this position to know what it takes for a business to achieve greater success – and in this article, we are going to look at that very matter. Here are four things which any business needs to ensure greater success in an ongoing sense.


In other words, there needs to be a key understanding behind everything that you do. Everyone who has an involvement in the project, yourself included, need to know what they are doing, as fully and as well as possible. If there is not enough understanding on this basic level, then you can’t readily expect the business to boom in any significant way. So if your employees are lacking this vital quality, provide them with some learning. Boost their training, tell them what it is that you expect of them, and how they can achieve it. It is only by communicating this that your employees will become the kind of employees you need.


There is something else that your employees need of course, and we kind of touched upon it in that last sentence. Above all, your people need some kind of leadership. When they feel they have a leader who they can trust, you would be amazed at the sheer difference it can make to the business’ overall success. Of course, to achieve that, you need to be a confident leader yourself – and that takes a while for many people to achieve. You might find it beneficial to take an organizational leadership bachelor’s degree, or another similar qualification, as this way you can learn the skills necessary for leading groups of people within your organization.


No matter what it is that your business is doing, there needs to be a good sense of logic behind it. If your processes are subject to the whims of fancy instead, it is unlikely that they will be as effective in bringing your business to greatness. Instead, work hard to ensure that at the smallest level, everything that happens in your business happens for a reason – and that you can explain what that reason is.


If you have no love for the company, it is unlikely that it will reach the kind of success you hope for it. It doesn’t matter what else you might have in place, but if there is no love there, the business is more or less doomed to failure. You need to think of your business as though it were your child, care for it in the same way – this will ensure that it carries on and sees the kind of heights you hope for it.

Consolidating Debts The Easy Way

When you have large amounts of debt, it can be a worrying and stressful time in your life. There is some useful information available free of charge on the internet to help you deal with these circumstances, such as that which can be found on the website. One way to address mounting debts is to get a consolidation loan; and if this is something that you are considering, here is some information to make the process a simple one.

Address The Problem

The first thing that you will need to do is work out your total monthly expenditure including all of your monthly outgoings.

  • Rent/Mortgage
  • Car
  • Loans
  • Bills
  • Food
  • Travel
  • Entertainment

The main reason that people get into debt is that they spend more than they have coming in, so this is something that needs to be addressed. You will need to work out a manageable budget that you can live with and see how much you can afford to pay off your debts each month. When you consolidate multiple debts into one, you can often save money each month by making only one payment. Many people find that a single payment each month is a lot simpler and means that you are a lot less likely in missing or defaulting on a payment. When you know how much you have to work with, it is then time to start looking for a consolidation loan provider.

Finding A Loan Company

Using the internet, you can find many companies that offer a debt consolidation service. You should also take note that not all of the companies are the same. It is important that you shop around and speak to as many different lenders as possible so that you can find the best deal possible. When you talk to each company, it is important that you understand their terms and conditions, as well as read all of the small print. Look at the online reviews of the companies that you are dealing with and see what their customers are saying about them. Doing this will give you a real insight into how the company deals with their clients, as well as the satisfaction of the customers who have dealt with the company previously.

A Change Of Lifestyle

Ultimately, what is needed to get your head above water is a change of lifestyle. When you have managed to secure your loan, and have put all of your debts into one easy and manageable payment, you will want to make sure that you keep on top of things. Often, people can fall back down the slope and get themselves in even more debt as they carry on spending more than they have coming in. If you tighten your belt for a few months and keep on top of your expenditures, you will be able to get your head above water and keep it there.

Debt is a common problem, and you are not the only one that has to deal with it. Deal with the problem head on, and you will be able to see the light at the end of the tunnel and keep your debt at a level that you can manage.