May 26, 2024

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Advice You Need If You’re a First Time Buyer

Buying a house is a huge deal- especially when it’s your first time! Becoming a homeowner is a huge milestone in a lot of people’s lives, and although it’s an exciting time, it can also be quite daunting as there is a lot of things to understand and do. Here at We Buy Any House, we have compiled our top advice you need if you’re a first-time buyer. 

Decide if Buying a Property is the Right Move:

According to statistics, almost 86% of people in the UK would like to purchase their own home at some point in their life. Most of the time, we grow up with an ideal that buying a house is a milestone that we must reach in our lives. However, this isn’t always the case. Although buying a house may seem like a staple goal to reach, that doesn’t necessarily mean it’s for everyone. Therefore, a good place to start is by assessing whether buying a house is truly the right thing for you to do as an individual, or as a couple if you are buying with a partner. 

Agree on the Basics:

Whether you’re moving in with a significant other, friends or colleagues, it’s important that you discuss the basics first. To buy a home usually takes around two to three months, and there are lots of steps you have to take. Therefore, at this time, it’s a good idea to decide upon some basics. These include factors such as the type of house you’re looking for, your price range and the amount of money you are willing to spend.

Discuss and Decide on a Budget:

When it comes to buying a house, money is going to be a huge factor. It’s vital that you decide on a budget beforehand, as you don’t want money to come as a shock later down the line. It’s important to not to only accommodate the price of the house, but also all the ongoing costs you will have, such as mortgage payments, utility bills, council tax and stamp duty payments.

Hire a Solicitor Pretty Early On:

Throughout the property buying process, it’s a good idea to be prepared and hire a solicitor. After hiring a solicitor, they will then carry out all the legal work that comes with buying a house, in addition to dealing with the solicitor of the sellers. 

Be Prepared for Delays That Are Unexpected:

If you are buying a property in a chain, then essentially you are relying on the people in front of you to have a smooth sale so that you can too. However, this also means that sometimes, things may unexpectedly go wrong and it’s outside of your control. It’s important that you have a plan B in place, just in case things go wrong and you need a quick alternative. 
This article was written by a quick house sale company We Buy Any House. If you’re wondering “how can I sell my house fast?”, head to the We Buy Any House reviews page for more information relating to all property related enquiries.