One day we report that the government has launched a new scheme aimed at helping distressed homeowners remain in their homes. The next day we report that studies and statistics show that the housing market is picking up. This can be very confusing. Dare you buy a home in today’s market, or not? Should you wait a few more months, just to make sure the recession is indeed easing? The key is to look at the lenders. Are they loaning money now? With excellent mortgage plans, especially for first time buyers? Then now may be the time to buy your new home. Even if you have bad credit, credit repair, sub prime and nonconforming lenders can help you now.

Before you undertake any financial transaction, but especially anyone so large as buying a home, you need to educate yourself about every aspect of what you’re doing. Your solicitor should be able to help you in this regard, but in addition, you need to compare mortgages offered by all lenders, to find the one best suited for you.