Buying your First Home of your Own

December 12, 2020 4:30 am

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Buying your first home can be a difficult thing to do in this day and age. Many people are finding that they feel it will be almost impossible for them to get onto the property ladder. Although it can be difficult however, it is not impossible. Here are the steps that you should take if you want to be the proud owner of your own home…

First things first – you will need a deposit. There are lots of ways of getting to this point, many people choose to stay with family in order to save a deposit. You will need to save around 10% of the value of the property that you want, but there are government schemes which will enable you to put down a smaller deposit on your home, so it is worth looking into these options.

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Don’t be too limited when considering the home that you want – try to think outside the box a little bit and broaden your thoughts. There a\re probably more options than you think – for example, many first time buyers find that a good option for them is a self build home – this self build home Solihull based company is one example of a place you can get some more information on this if you are interested in a self build property.

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Once you have found the property that you want, it is time to think about the things that you will need – you may need to make sure that you have budgeted well for other things such as furnishings and decorative costs, as well as removals charges and fees to solicitors and surveyors.