Buying a new home is an exciting experience. But it can also be stressful. We’ve put together five simple steps to help you find your perfect new home.
Find out how much you can afford
To ensure you don’t get carried away, it’s important to figure out how much money you can comfortably afford to spend on a property. You should also consider whether you have enough savings to pay for LBTT and other fees associated with buying a home.
Calculate your monthly costs with our handy mortgage calculator.
You should also consider other costs associated with buying a property, such as solicitor fees. These costs could be substantial and could impact what you ultimately decide to borrow.
It’s a good idea to take these costs into account early on since they could impact what you ultimately decide to borrow.
Finally, it’s worth thinking about how much the property will cost to run each month – this includes things like utility bills and council tax as well as regular maintenance costs. How much money do you want to have left over each month after paying your mortgage and other bills? This will help ensure that you aren’t left short regarding unexpected repairs.
Set a budget and stick to it
If you’re like most of us, you probably don’t have much money to work with. But that doesn’t mean you can’t set aside some cash for emergencies.
The first step is to make and stick to a budget. Once you’ve got a realistic picture of how much money you’re bringing in and where it’s going, it’ll be easier to see whether or not there will be enough left over after paying all your bills—and setting aside some funds for emergencies—to put away in savings.
Know which features are most important to you
As you search for a new home, it can be tempting to get caught up in the excitement of choosing a great new place. But it’s important to stay true to your priorities and remember what you really need and want.
Location: Is this home close to where you work, play and go to school? If not, how far is the drive? Do you want to be near parks or other amenities? Is there easy access to public transportation?
Garden size: How much space do you need? Will it give you enough space for gardening, entertaining and more?
Bedrooms: Do all members of your family need their own room? Or can some share?
Bathrooms: How many bathrooms does each member of your family need? Will there always be enough privacy for each person when using the bathroom or taking a shower?
Kitchen: Is there enough counter space for preparing meals and storing groceries? Can people move around easily without bumping into each other or getting in each other’s way while cooking or cleaning up after meals?
Find a new home community you love
Finding the right home community is a big decision, and it could be the most important one you make. After all, if you pick the wrong area, you could live in an area that doesn’t suit your needs or interests. And if that happens, you’ll either be unhappy with where you live or face the costs of moving again.
You’ve heard about a particular area, and it sounds like a great place to settle down. But before you start packing your bags, we recommend you take a step back and do some research.
The UK housing market is highly localised, and only by thoroughly researching individual areas and streets can you ensure you don’t make a mistake and confidently make the snap decision needed to put in an offer quickly if lots of people are interested in your chosen property.
Stay in touch with your new home builder
As you get ready to move into your new home, we want to make sure you have the best experience possible. That starts with a standardised and desirable communication strategy between you and us. Our sales advisers will keep you informed throughout the build process and let you know the expected dates for your completion.
Congratulations on finding your dream home.
All that remains for us to say now is congratulations on finding your dream home!
Your new house is a place where you can make memories, a place to share love with family and friends. It’s also a place where you can be yourself and relax after a long day at work. Your house is an extension of yourself—it’s an expression of your personality, dreams, and desires.
