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What to consider when buying a new home

Buying a new home is a very exciting time in our lives, however it is not an easy task. With some tips and tricks, you can make the process easier and find a place that is perfect for you and your family. Here are some of our top tips when it comes to buying a new home.

Location location location

The first step is to find the right location for you and your family, depending on the needs that you have. For example, do you need to be in the catchment area for good schools? If you have to rely on public transport then are there good public transport options available?

What about the other things that are important to you and your family, like access to parks and other leisure facilities.

That's before you think about your commute time to work and school, as well as how much money you will spend on your daily commute.

These are all important factors when it comes to choosing the right location for your new home.

Know your budget

It’s important to know what your budget is before house hunting because it will help narrow down the options that are available. to you. In addition, it will give you a realistic idea of what type of property you can afford, which will prevent you from getting in over your head.

As well as your budget for a house, remember to budget for additional costs such as removals, solicitor fees and factoring in any urgent repairs that need to be done before you can move in.

Be prepared for a bidding war or unexpected hurdles

If you are looking in a competitive market then it’s likely that there will be bidding wars going on between buyers who are in competition with each other over properties they want to buy. There is also the possibility of gazumping happening (what is gazumping?).

When buying a house there are so many hiccups that can happen along the way. In the UK the home buying process isn't always a fast one, so stay calm and lean on your estate agent and solicitor to provide walk-arounds or suggestions for the hiccups that do occur when buying a house.

Know what is important to you & compromise

It is very rare that a house manages to tick absolutely everything off your dream list (apart from a lottery win making that achievable for you!) so it is important to have a list of what is important to you.

It is also important to be realistic. You may want a shiny new kitchen, however that is something that you can sort once you own the house. However, if your family needs 4 bedrooms then there aren't many instances where you can easily add an extra bedroom.

Enjoy the process

Last of all, don't forget to enjoy the process. From browsing Rightmove to walking into your new home, you have worked hard to get here and don't forget to enjoy the process and enjoy owning a home at the end of it.

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