Once upon a time, joining the property market was a bit ‘meh’. It was a part of that natural progression we call life. You were born, you got semi-educated, you got a career, you bought a house, and so on. But all that has changed.
These days, getting onto the property ladder is about as exciting as anything can possibly be because the odds are completely stacked against you. Why? Because houses are stupidly expensive now – stupidly expensive – which means your excitement will be somewhat marred by stress and worry. Basically, you need to have a plan of attack before you even think about stepping into the ring.
So, without further ado, here is a list of tips that will help you out big time:
- Be Realistic
Yes, we would all love to by a house in Downtown Manhattan, but that’s probably not going to be possible. The best thing you can do is speak to an independent financial advisor about your situation, find out exactly what you can afford, what sort of mortgage will be best and what other factors-slash-fees could crop up.
- Sort Yourself Out
Before you knock on any lenders door, you need to get your financials under control and your credit file looking snazzy. If you’ve got loads of credit card debts, it’s probably worth speaking to https://debtconsolidation.loans/credit-card-consolidation/ to make this look less drastic than it is. If you have missed payments on your file, an accompanying note to explain everything is all good will go a long way, getting yourself on the electoral poll too – all these sorts of things will go a long way in making you more appropriate to lend to.
- Research Everything
To make the right decision, you need to have all the information you can at your fingertips. That means knowing what your ideal location is, what compromises you are happy to make, what the schools are like, the tax band, the commuting distance from work, transport links, crime rates etc. But don’t stop there. Another thing that is crucial is you view any property more than once and at different times of the day. It’s easy to jump the gun and put an offer in as soon as you’ve seen a property. But don’t.
- Picture The Dream
This has to be the most enjoyable part of the process – the dreaming. Think about how many bedrooms you want or need, how many bathrooms you would like, which way the garden would be facing, off-street parking, semi-detached or detached, apartment or house. We all have our own list of criteria when it comes to the actual property, so have your wants listed out, and then circle those you won’t compromise on.
- Get A Good Agent
When you are looking for a home, you need to know the agent is on your side and knows exactly what you are looking for. That means going into the office and having face-to-face conversations with them, discussing everything in detail, and being friendly with them. Trust us, if they know and like you, they will be more likely to think of you when a property comes onto the market.