When buying a house, there are several methods to finance your purchase, but the most common way is through a mortgage. Mortgages provide financial flexibility as you make only a small payment towards your investment every month for a specified period. With mortgages, it is also easier to acquire the house of your dreams, which makes them so popular today. 

The Coronavirus pandemic made a lot of changes to multiple companies and the way they were functioning, and with these changes came a lot of uncertainty about the future. There were a lot of companies who were not meeting their deadlines and target, which automatically meant letting go of a lot of their staff or shutting down some of their branches. With so much uncertainty, people were not sure how they were going to get by, while banks and other financial institutions were not open to providing the loans with ease.

If you’re looking to purchase a property for the first time, it can be exciting to search for your dream home. However, securing a mortgage to buy your house can be tricky, and there are many rules and regulations to get your head around.

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