Buying your first home is exciting – but there are a few common mistakes that can turn the dream into a stressful experience. Knowing what to avoid can save you money, time, and hassle.
- Not getting a mortgage in principle first – A mortgage in principle gives you a realistic idea of what you can afford and shows sellers you’re serious. Without it, you risk falling in love with a property outside your budget.
- Underestimating extra costs – The deposit is just the beginning. Factor in legal fees, surveys, stamp duty, and moving costs. Unexpected expenses can cause delays or disappointment.
- Rushing into a decision – It’s easy to get swept up by the first house that feels right, but take time to view multiple properties and compare them. You’ll be glad you did.
- Skipping the survey – Even if a property looks perfect, a professional survey could uncover costly issues like damp, roof damage, or structural concerns. Don’t skip this step.
- Forgetting future needs – Consider how long you’ll stay in your first home. Will you need space to grow? A second bedroom, home office, or garden might be more important than you think.
Buying your first home should be a positive experience. With the right preparation and support, it can be! We’re here to walk you through every step.
