Buying a house is the biggest investment that most people will ever make. Let’s take a look at some of the common stumbling blocks, which can cause frustration, delay and disappointment, to enable you to avoid them.
1. Not sticking to your budget.
A mortgage advisor will issue an agreement in principle based on your income and outgoings. You should stick to this budget and not be tempted to think that you can squeeze more out of your income for a more expensive property.
2. Letting your heart rule your head.
Whether you are fed up with looking at houses or are blown away by a particular property, make sure it ticks your boxes and that you can afford any refurbishments needed. Maintenance is expensive.
3. Not accepting professional advice.
A homebuyers survey cost is minimal when compared with the cost of unexpected repairs. Likewise, the cost of hiring a conveyancer pales in comparison to discovering your dream property has unresolved boundary issues. Choose your experts with care and trust their advice.
4. Not doing your research.
If you want your child to attend a particular school, only look at properties within its catchment area. Similarly, if community spirit is important to you, spend time in the area to make sure it feels right. The house you buy must satisfy your current lifestyle and future plans.
5. Forgetting important costs.
When you hire a conveyancer, such as https://www.samconveyancing.co.uk/news/house-survey/homebuyers-survey-cost-9958, they will not only be able to provide advice and guidance but will also remind you of the costs you must budget for, such as stamp duty and moving costs.
By accepting professional advice, thinking rationally and planning your budget, you will be well-placed to enjoy your dream home for many years to come.
+ There are no comments
Add yours