Can you actually afford to buy a home right now? And if you can, should you? Eddie Ross is co-founder of Tembo Money, a mortgage broker built to help first-time buyers get on the ladder. He answers your questions about affordability, how mortgages actually work today, what’s happening with LISAs and covers some of the lesser-known options that most people don’t talk about. *This episode was recorded in March 2026 so some data might have changed since then 🏡 Here’s the link Eddie mentioned to check your affordability online: https://makingmoney.email/tembo 🎉 Sponsors Vanta - Get your company secure and compliant: ⁠https://vanta.com/makingmoney Xero accountancy software - get 90% off for 6 months: https://referrals.xero.com/makingmoney - If you purchase a product or service using one of the links above, including Tembo, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. Chapters: 00:00 - Good News For First-Time Buyers 06:32 - What Can You Afford? 09:33 - 100% Mortgages 13:08 - Could You Buy Earlier Than You Think? 17:30 - Family-Supported Mortgages 23:17 - Xero ad 24:22 - How Affordability Has Changed 27:50- Equity Release 31:59 - How To Understand The UK’s Property Market 36:27 - Is Your Home an Investment? 40:02 - Vanta ad 41:10 - Should you Rent vs Buy? 45:57 - House Building 47:32 - First Home Scheme 57:08 - What % of take home pay should your mortgage be? 01:00:24 - Should You Limit Spending Before Buying? 01:04:47 - Biggest mistakes first time buyers make 01:06:24 - What’s Happening To LISAs? 01:13:19 - Credit and Mortgages