Well its official we pick up our keys on the 24th of June..we are homeowners. It’s been a long time coming but we made it. So I thought I’d share some tips we learnt along way with you guys so you can find your dream home.
Calculate what you can afford
Knowing how much to spend is obvious when buying a home, but you’d be surprised how many buyers miss this or find that dream home that’s over their budget and go for it anyway.. We knew we wanted to have a little money left over to be able to decorate the place and buy some new furniture..so when we went looking, we actually looked at properties slightly below our budget. We were lucky enough to find one too leaving us a little bit of spending money.
Head to your local estate agent and ask to speak to an independent mortgage advisor. They’ll be able to provide you with all the information you need, and help you find the best deal. They are completely unbiased and will do all the hard work for you. You’ll need to pay a small fee, but it’s a small price to pay for the savings you’ll gain in the long-term. Also check to see if your work offers any benefits. Richards work came with a benefit of getting free mortgage advice which was great.
Location, location, location
The location is one of the most important decision you’ll make when buying a house. Where do your friends and family live? Will you have to jump in a car every time you want to go somewhere? Is there a school nearby? It’s not always affordable to live where we want. we were given the tip that you can change a house you can’t change where you live. So if your dream house isn’t in the nicest area. Maybe go for the smaller he good neighbourhood which you can expand and decorate to make it your perfect home.
Consider your needs and wants
Writing a list of things that are essential, and a list of things that are desirable. Depending on your budget, you could put stuff such as ‘a full bathroom’ in essential. Perhaps ‘off-street parking’ in desirable. This will depend on what is a deal breaker for you. Keeping notes is a good way to stand your ground when you see a property that you love but isn’t right for you.
Remember to be patient
Choosing a home isn’t easy. Being patient doesn’t just apply to people on a budget either. There are so many options on the market, and especially when housing is selling quickly. It’s difficult to know where and when to put your money. Remember to stay calm, take some time out and appreciate that it might take a bit of time.
Being a first-time buyer isn’t easy, by any means. But sometimes, as you invest more it can get even harder. If you’ve got a large family and needed more space, it’s not always easy to find. Also, if you’re looking for something modern, but live in a village, you might not have many options at all. Perhaps it’s time to consider a bespoke home. Here are 10 signs you should invest in custom home designs.
Use your head, not your heart
With that in mind, you need to stay head strong when buying a property. It can be a hard, long process. Sometimes you might feel like giving up, but keep going. Finding a property miles away from where you want to be with lots of space for a good price can be difficult. Do you want to be there? Think about it in the long-term. Are you going to end up spending hours in the car every day to get anywhere?
Using your head, instead of your heart is crucial when choosing a property. If you decide to go for something that isn’t a wise decision, you may regret it in the future. Avoid a costly mistake by thinking rationally, and having support from friends and family.