Can Fife First-Time Buyers Still Afford Their First Home?

The affordability figures may surprise you…

Ask anyone whether first-time buyers can still afford to buy their first home in Fife and you will often get the same answer: “Not these days”.

You can understand why. The typical first-time buyer home in Fife costs £158,787. For someone trying to save a 5% deposit (£7,939) while paying rent and everyday bills, that is an intimidating figure. But the price of a home does not tell you, on its own, what it costs to buy one. The question every first-time buyer faces each month is simpler: how much of our take home pay will the mortgage payment use?

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EP 243: The Wealth Creation Show: Protection vs Exposure

Every investment decision involves an element of exposure. Without exposure, there is often little opportunity for growth. But without protection, everything we’ve worked to build could potentially be at risk.

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