So you have decided to enter the housing market in the UK, which may sound easy in thought, but it is a bit harder than it seems due to the skyrocketing housing prices. It is not something that the younger generations are looking at, either due to their small wages. However, if you have decided to embark on this endeavor, we applaud you. To make this a bit easier, we have culminated in a list of things that might be beneficial for you to keep in mind.
What Should You Look For When House Hunting?
How big of a net do you need while house hunting? Potentially, a large one. Jokes aside, making sure you know what you should be looking for when you are looking for a home is very important. Things like the age of the house, the age of the roofing, is the house damp, and even which way the house may be facing could all be factored into which home you end up choosing.
Other factors should include:
- Do you need a lot of room for your excess things in your home?
- Electrical outlets
- Few people think about how the electrical outlets are laid out in a home before buying. You should be paying attention to the number of sockets and also the condition that they are in
- Sound Proofing?
- This could be especially important if you find yourself in the market for a townhouse. If neighbors enclose you on each side of the townhouse, will you be able to ear them?
- Is the drainage system for the house adequate in their condition? This is extremely important for things like the gutter systems and outdoor rain drainage systems. If this is not in good condition, you could face potential problems like flooding and water damage to the home.
Online Home Photos
It would help if you did not rely on the photos that you see of the house before looking at it in person. The photographers of the pictures are there to make sure that the home is advertised well to sell. Along with the use of stagers, they may make it look like a stunning property in photos, but the truth may be that there are underlying issues that could potentially break the bank for you in the long run if you went ahead with purchasing the home.
Big or Small?
When you are in the market for a home, you should make sure that you are buying well within your budget, but you should look for a home that is slightly too big than too small if you can afford it. Having a home that is somewhat bigger than you think you may not outgrow it quickly and find yourself back in the housing market too soon. If you are worried about having too large of a space, you could always think about the potential of turning it into either two smaller homes and renting out the additional space or even the possibility of renting out rooms. But buying bigger is helpful if you are looking to expand your family.
A big selling point to many is making sure that you are in the best neighborhood that suits your needs. While looking at a home, drive through the neighborhood to get a feel for the dynamics of that area. Are there a lot of children? Is it close to the schools you would like your child to attend? Are there a lot of younger couples? Are you in what is deemed a “college area” where there are potentially a lot of students? You should be aware of all of these things before moving in.
You do not want to get into a house that is far above your comfort zone in the realm of things that need to be fixed. This could put a significant dent in your budget. Your home is a sanctuary that should not cause you more stress than the average house maintenance needs unless you are looking for a fixer-upper, which can often come with its challenges and rewards. Your home should be a place where you fall in love with you and enjoy coming to the end of a long and stressful workday.
from Peter Plaut | Real Estate https://peterplaut.org.uk/uk-home-buying-facts-you-may-not-know/