A Liverpool-based mortgage broker has warned people about a type of currency when buying a house.
AL Mortgage Solutions said cryptocurrency - a digital form of currency that operates through computers rather than through a government or bank - won't be accepted by the majority of high street lenders. Cryptocurrency and simple admin errors such as incorrectly spelled addresses could ruin people's chances at owning their first home.
The ECHO spoke to AL Mortgage Solutions for the top five key pieces of advice they can give to first time buyers. AL Mortgage Solutions Director Alex Leppert, 31, said: "With house prices at an all-time high, it's becoming more difficult for young people to get their foot on the property ladder and advice isn't one size fits all as everyone’s circumstances are completely different."
