R&G #40: UK First Time Home Buyers Guide

Rants & Gems Real Estate Podcast

EYL Network

Business, Investing

4.9 • 1.3K Ratings

🗓️ 23 March 2022

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode we talk about first time home buying in the UK. Matt Garland and Quiana Watson sit down with UK’s very own mortgage guy Sebastian Newby in London. We unpack financing, down payment requirements, and why voting can increase your credit. This is the ultimate guide to starting your homeownership journey in the United Kingdom.

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Transcript

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0:00.0	If I'm a first-time home buyer, what's the interest rates for that?
0:03.4	Good clean credit. You're looking at about 1.4%.
0:06.3	1.4% on a 25-year mortgage.
0:09.8	Hmm. Oh, shit.
0:10.8	You got to be kidding me.
0:11.8	You can put little things, you can booties, you know,
0:13.4	get registered a moment on the electric road.
0:15.4	That bumps up your school straight away, you go sky high.
0:17.6	So a homeowner, I just want to make sure we got this project.
0:19.5	Yeah, because, you know,
0:20.8	voting in America is very important,
0:22.8	but it's not increasing our credit.
0:24.5	No, it's definitely not.
0:25.7	That's kind of different.
0:26.8	Hey, yeah.
0:28.8	Speed my rants and gems.
0:30.8	Speed my rants and gems.
0:32.8	Gems.
0:33.8	Y'all can do it with a shovel.
0:35.8	Peace door to kings and the queens.
0:37.8	Word to mother life.
0:38.8	Speed my rants and gems.
	...

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