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Do not make these expensive house-hunting mistakes

Lovemoney Logo By lovePROPERTY team of Lovemoney | Slide 3 of 43: This goes hand-in-hand with knowing your budget. Applying for preapproval from a lender is a way of proving that you can afford to borrow enough to purchase a property, so it's a good idea to get this before you start house-hunting. However, you'll still need to officially apply once you have an offer accepted. Get your credit score sorted out beforehand and you will prove you're a viable buyer when it comes to putting in an offer, especially if you're a first-time buyer. 

Not getting preapproval

This goes hand-in-hand with knowing your budget. Applying for preapproval from a lender is a way of proving that you can afford to borrow enough to purchase a property, so it's a good idea to get this before you start house-hunting. However, you'll still need to officially apply once you have an offer accepted. Get your credit score sorted out beforehand and you will prove you're a viable buyer when it comes to putting in an offer, especially if you're a first-time buyer

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