This is a collaborated post.
Are you buying your first home or attempting to take the next step up the property ladder? If so, you’re probably wondering whether you’ll be able to find the perfect pad. Many of us have a rose-tinted vision of house hunting, but the truth is that buying and selling properties can be incredibly stressful and time-consuming. If you’re on the lookout for your dream home, here are some easy ways to narrow down your options.
Setting a budget
If you have a limitless budget, the world is your oyster when it comes to searching for an ideal home. However, if like most people, you have a budget in mind, this can restrict your options. Before you start envisioning where you’re going to put your sofa or which bedroom you’re going to have in a home that’s way out of your financial league, it’s best to set a realistic budget. Bear in mind that moving isn’t just about stumping up the purchase price. You’ll have to pay fees charged by lawyers, you’ll need to cover the cost of a survey, and there may be renovation or redecoration costs to consider too. Get some fixed mortgage offers on the table, and then you can start your search.
Choosing a location
The next thing to consider once you’ve got a figure in mind is the location of your new home. Some people are adamant that they want to live in a specific area, such as waterfront cottages or inner-city apartments, while others are much more flexible. Your choice of location may depend on many different factors. If you have children, the proximity to good schools and other family members may be your priority. If you commute to work, you may want to find somewhere that doesn’t mean you spend most of the day on a train or sitting in traffic. Consider your preferred location carefully. If you can find something within the search area, that’s brilliant news. If you can’t afford it or there are very few properties available, consider widening your net slightly.
You’ve chosen a location, and you’ve set a maximum budget. Now, it’s time to focus on finding a home that ticks as many boxes as possible. Think carefully about what is most important to you. Do you want a large garden or a spacious family kitchen? Do you need a spare bedroom or would you rather have extra space downstairs? Are you hoping to run a business from home or a garage a must-have? Write a list, and start working you through potential options. If something is essential, this will help you to rule properties that don’t match your requirements out. If you’re willing to compromise on some things, but not others, this should help you to draw up a shortlist.
If you’re hoping to buy a new house, you may be thinking about how you’re going to find that perfect property. Before you begin looking, there are lots of things you can do to rule out unsuitable candidates. Set a budget and choose a location. Once you’ve done this, work out your priorities, and arrange some viewings at properties that seem like they tick most of the boxes. Go back and have a second look if you fall head over heels and look out for the home that gives you that feeling.