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If you’re in the market for property and getting a Mortgage, there are a few basic things that you’ll want to keep in mind. First, you’ll want to consider what the long term value of the property is likely to be, particularly if most of your assets will be tied up in it. Is the area surrounding the property relatively stable, or is it likely to become less valuable in the future? If you’re not sure that the property will retain its value and give you a solid return on your investment, avoid buying it. Similarly, if you’ll need to strain your budget for a number of years to afford the property, consider buying a cheaper property, or delaying your purchase for a few years. It can be miserable to have a great property repossessed because you took out a mortgage that you couldn’t handle.