It is often said that buying a house can be one of the most stressful times in our lives. From spending ages searching for our dream property, to having to go through the entire legal process. And don’t even mention all the stress that comes on moving day! But before you get to your moving day, you will need to jump through many loops to help you bag the house of your dreams. So what exactly do you need to do? Here are five key steps.
Think About What You Want
You need to think about everything you need from your new home. If you don’t have kids but are considering them, you need to remember this when you think about the size of your new home. You will also need to consider factors like school catchment areas and the proximity to open green spaces, like parks. If you aren’t planning on having children anytime soon, you’re at an advantage. You will have the relief of having slightly less to consider when looking for a property!
Shop Around
Just like with buying clothes, a car, or groceries. You need to shop around to see what the current market is like and the kinds of properties available to buy now. Take a look on property websites, such as Linden Homes. It is also a good idea to pop into your local estate agents to see the properties that they are selling right now. This will also give you the chance to speak to experts about the property market and what you can expect to get with your budget.
Get Your Mortgage
In order to sign on the dotted line, you will need to prove that you can finance the house. So you need a mortgage. When looking for a one, it is worth going into different banks to speak about their different deals and offers. Before you decide to buy a house, it is a good idea to save up a sizeable deposit for a mortgage. This will then make your monthly repayments smaller. And you will also take less time repaying the loan.
Inspect The Property
You will, of course, view the house before you decide it is right for you. As well as this, you should arrange for a full survey to take place. Getting a professional in to check out the house will flag up any potential structural problems. Things that you might not have noticed yourself, like damp. Surveys can be expensive, but they will save you money in the long run. If you buy without one, you might end up having to spend a lot of money repairing your new house.
Get A Lawyer
Once you are completely happy with the property, and the seller has accepted your offer, you need a lawyer. A law professional will prepare all the legal papers that you have to sign. They will also ensure the entire sale process is completely above board and legal.
Congratulations, you are now the proud owner of a new home!