Essential Things You Need To Do Before Buying Your First Home


Taking your first step onto the property ladder is both a scary and exciting process. While you’re eager to own your first home, the process can be overwhelming when you’ve never experienced it before. From viewing properties to dealing with legal fees, there’s a lot to take in and it can make buying your first property very stressful. But it doesn’t have to be so challenging if you know how to get started. To help you feel more prepared for this life changing process, here are some essential things you need to do before anything else.


Image: Flickr

Do your research

Research is something you will become excellent at during the home buying process. Without it, you could end up with a property that is entirely wrong for you. Plus it’s always beneficial to do some research to make sure that buying a house is the right choice for you. Research the potential costs and fees you will need to pay throughout. These will include mortgage, legal and removal costs. Think about what your needs and requirements are such as nearby transport links or city centre location. Then use sites like Linden Homes to find suitable properties that are in your price range in the area you want to move to. This is a vital step and will give you valuable insight that will assist you in making a more informed decision.

Check credit score

Nowadays mortgage lenders will use your credit score to determine whether or not they should lend you the money to buy a property. So if you have any late payments or debts on record, it could prevent you from getting the mortgage you require. So use sites such as Equifax to get a free credit check to find out what your current score looks like. There are plenty of things you can do to improve your score so don’t worry if it isn’t as healthy as you had hoped. Doing this before you meet a mortgage advisor will give you time to sort out any issues and make the process go a lot smoother.

Hire a surveyor

Many first time buyers will be conscious of saving money where they can. But not hiring a surveyor to inspect a potential property could result in further costs and issues. So if you think you’ve found your dream home, always hire a surveyor to get their professional opinion on the condition. You may find that it requires a more maintenance or repair work than you first realised to get it up to a suitable standard. Which may make you realise it’s not the property for you after all. So never overlook this essential step and save yourself money in the long run.

The important thing to remember when buying a property is to take everything one step at a time. While there is a lot to organised, try to stay relaxed and always ask for help if you’re unsure of anything. That way you reduce the risk of making and costly or time-consuming mistakes. So use what you’ve learned and take some positive steps towards owning your own home.