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  • Are first time buyers considered a hassle?

    I've always thought they'd be better to have because of the lack of chain, but I've heard from a number of places recently that they've a bit more nervous to deal with, needing more surveys, questions and more viewings etc

  • More nervous, poor managing of the process, more eager to overbid then row back. Worst of all their finance is rarely nailed in and deposits are smaller so banks are much tighter with valuations. If you want to borrow against 40% of a property the bank doesn't care if you overpayment by 10% as the risk is all on you. If you fuck up they still win. On 90-100% mortgages there's more risk on the banks.

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