Are you buying a first home but confused by jargon? Let us explain

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So here’s a quick guide to house-buying jargon and a breakdown of what it all means. Don’t Let Confusion With mortgage jargon cost You – Home. – Don’t Let Confusion With Mortgage Jargon Cost You. A recent study of US and UK home buyers, conducted by the London based nationwide building society, found that more than 40% of people buying.

Anyone in the process of buying a new house or flat would be helped by this guide to ‘understanding the jargon behind buying and selling your home’. The First time buyer jargon buster. Home Insurance for your New Home

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From the outside, the house-buying process is a minefield of red tape, legal knots and a cascade of money leaving your pocket. It can all be a little overwhelming. But if you break it down into stages, things aren’t as scary as they seem. Here’s our 10-step guide to buying your first house.

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U.S. News and World Report provides the top 10 terms for first time home buyers:. fees related to buying a house that your lender charges you, or you rack up from various third parties, such as.