Tips for Buying your First Home!

I’m slightly nervous about posting this because in a way, it could be seen as boring. But this is something that would have helped me out personally and if this helps even one person, that’s good enough for me!

1. Save up much more money than you think you will need. There is always little extras and sneaky payments you need to make that you just don’t account for.
2. If you are buying a new build house, look around older ones too. We did this and I’m so glad we did. You are able to see if you could perhaps get a bigger but older property and if you might get more for your money or not. This works visa versa too, walking around older houses confirmed that we wanted to start with a complete blank slate and pick our own kitchen etc which a new build offered.
3. Use a Mortgage broker. I was determined to do all the searching for our mortgage myself but a broker really is invaluable. This is their job and what they are trained to do, so trust them. The majority of the time you won’t pay for them either. It also takes a load off your back. Also make sure you go for a broker who searches across all mortgages, not just a select few.
4. Don’t get down if you get refused a Mortgage as there are so many still out there. Certain companies require certain things from you, whether that be a higher deposit or something you just can’t offer. Your mortgage broker will help in finding other companies that might suit your needs better. You WILL get a mortgage, just keep patient.
5. You can start buying stuff for your home from as early as you want. We started three years before we actually started searching for a house. It’s actually really exciting to pick up bits now and then and it’s really helpful because you underestimate just how much stuff you have to buy! It also allows you to buy better quality (and sometimes much nicer!) stuff because you aren’t having to purchase loads of things at once. Try not to go for any sort of theme or anything with your items just yet as you will be surprised how quickly you can change your mind about what you want! Don’t buy electronics or anything with a warranty either as you will want to make the most of this when you are actually in your home in case anything breaks. Food is a really good thing to store if you have the space and they have a long day as the first food shop you do is always so expensive so it’s always good to start picking up bits now and again like sauces or pasta.
6. Try not to get your heart set on a particular date to move into your house as quite often you will just get disappointed. Our moving in date changed a total of four times and it was so upsetting because we built ourselves up about it and got excited.
7. Don’t rush into anything. Buying a house is such a huge deal and you really need to take the time to consider why you are doing it and if you are in the right place in your life. By the same token, don’t let anyone pressure you into buying a house when you might not be ready. If you are buying with another person, you both need to be ready and just because they feel they can take this big step, doesn’t mean you necessarily are. Co-owning somewhere together will also mean you are financially linked to that person for a very long time, so you need to be sure they are someone you can trust.
8. Everyone knows how difficult it is for people to get on the property ladder, getting that huge deposit has to be the most difficult part. But there are now plenty of schemes available that have helped thousands of people secure their first home. Help to buy works in that you only need a 5% deposit to secure a home. You will still need to pay back the rest of the 95% with mortgage payments, but this just makes it easier for you to buy. This isn’t something we personally did, but I would recommend taking a look here for more information. As with everything however, there are drawbacks to these so do your research and talk to people who have experience of these schemes before committing to anything.

9. Before you do anything – and this applies for both renting and buying – you need to sit down and work out what your incomings and outgoings for a month would be. As an idea, this would include petrol, electricity, water, internet and TV, council tax, contents insurance, groceries, chocolate, social life, savings and so much more (it’s depressing, I know). I would recommend talking to your parents or anyone who have moved out and are in a similar situation to yourself (e.g. a couple of a similar wage if you are moving out with your partner) to find out what the situation is life for them. We deliberately overestimated slightly because there are often occasions that arise that you don’t expect, a birthday or a broken fridge perhaps – and you will need money for that too. I think this step is really important because sometimes you don’t realise just how little you’d be left with at the end of the month and it’s better to know this now rather than when it’s too late!

10. I’m lumping this all together – but if you don’t ask, you don’t get! By this I mean, never take the first offer price, you want to haggle. In new builds, you can even ask for certain things to be included if you buy that house, for example money towards white goods, having your stamp duty or solicitor fees paid for. Always try, after all what’s the harm? I’m lumping this together slightly but also don’t be afraid to ask questions. Whether that be to estate agents or solicitors, through calls or emails, never feel like you are badgering them. Especially if this your first experience of buying, there is a lot you won’t know. If there is something you are unsure of or aren’t happy about, SAY IT!

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So there you have it – all that I gleamed from my experience of buying our home. I’d love to hear what you could offer to anyone wanting to move out – how did you find it? What would you change if you did it again? When are you hoping to move out?

Emily x

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  • Au contraire – I think helpful/advice type posts are always worth a read, you never know what you might pick up! I'm unfortunately a long way off from getting my own place but these all sound like great tips – I hadn't considered things like a mortgage broker.

    Congrats on getting your own place!

    SinΓ©ad xo β™₯ fabuleuse, toujours β™₯

  • Thanks for this post. My hubby and I are currently staying at my mum in laws to save some money for somewhere new. Thanks for all the tips. They are so helpful.

    Mich
    howshe-seesit.blogspot.co.uk

  • This is such a useful post, something I hope I can refer back to in the future x

    http://thriftyvintagefashion.blogspot.co.uk

  • Not at all boring! i am still living for rent, which isn't unusual, as we tend to buy pretty late here in Germany, but you have made some great points there.

    Linda, Libra, Loca: Beauty, Baby and Backpacking

  • This is a really amazing and super useful post! We found our perfect home and bought it last summer but then we had to relocate because of my hubby's work situation. So now we are renting and deciding what to do. Not an easy decision that's for sure. I couldn't agree more with these tips! Thank you so much for sharing your experience and giving such a great insight into things concerning buying a house. Loved this post & how it hit home πŸ™‚
    xox Nadia
    http://mielandmint.blogspot.co.uk/

    • Thank you Nadia, I'm glad you liked it! Hopefully you'll decide what you and your husband will do and get more settled soon! x

  • I didn't find this boring at all! It made a pleasant change from reading beauty reviews etc. πŸ™‚ My boyfriend and I are currently house hunting, with a view to moving out before mid 2017. I am in my last year of uni, but between us, we have saved a pretty hefty deposit and have wise heads on our shoulders! Thanks for the tips!xx

    Laura | Lala London: Beauty & Lifestyle

    • This is exactly what I did, saved whilst I was at Uni – it was a big help! Best of luck to you! xx

  • This is not boring but is really informative for those who are looking for houses and I liked the "Don't rush into things" part because deciding about houses is tough and a thorough job, one should do it with patience to achieve the best results. Nice post:)

    Chaste & Beautiful

    • Couldn't of said it better myself! πŸ™‚ xx

  • I have legitimately bookmarked this for when I need it, such good life advice Emily! At the moment my priority with my job is just to save, save, save!!!

    Raashi
    http://raashiagarwal.blogspot.com.au

  • amazing tips ! πŸ™‚
    please follow my blog : THE COLORFUL THOUGHTS

  • This is something i need to think about.
    Buying a house is kind hard and it takes a lot of plan

    The Bandwagon Chic | Instagram | Bloglovin | Snapchat: bandwagonchic

  • This was interesting to read.

    Nina
    http://www.ninasstyleblog.com

  • Oo can't wait to buy my first home! This is handy!
    Jabeen x
    http://www.spilling-the-beans.co.uk/

  • This was a really helpful post, even for someone like me who isn't even thinking of moving out yet. You're advice here is amazing, this would definitely be really good for somebody who is buying a house!

    The Velvet Black | UK Style & Beauty Blog

  • This is such a great and helpful post but not boring at all! I am sure these tips will be useful for many, at least I know I will remember some of these. I totally agree with looking for older houses too, after watching homes under the hammer, I know that old would change and look great!

    http://www.elabellaworld.com

  • Great tips, I'll have to keep them in mind for when the time comes for me!

    Anika | http://www.anikamay.co.uk

  • I haven't got the money yet, but I'm on my way and hope some day I'll owe a house. Thanks for the tips, Emily. Have a blessed week! πŸ™‚

    missymayification.blogspot.co.uk

  • This just makes me want to move into my own flat/house even more! Such helpful tips! And you have a lovely blog πŸ™‚ xxx
    http://www.samanthafrances.co.uk

  • I shared this post because it's so well written and filled with really good advice. I bought my first home when I was 27 and I was so damn proud of myself. And I can't agree more on no.10, always negotiate!

    Shireen | Reflection of Sanity

    • Thank you so much, that means a lot! An damn right, you should be, it's a real achievement! xx

  • I feel like we will never have a house

    http://www.queenhorsfall.com/

    • We felt like that too, we really did. However longer it takes you, it WILL happen. xx

  • This is such a lovely post,
    i adore your style so much!
    Keep up that great style
    with love your AMELY ROSE

  • So many wonderful tips!!

  • Despite not being at this point in my life by far, I found this incredibly interesting and captivating to read. Good job!xx

    Check out my latest blog post?
    http://hannahporterx.blogspot.co.uk/2015/10/beauty-on-budget-5-amazing-products.html

  • This is actually a great post, as I'm looking at buying a property soon (it's never too early or late, I guess!) Bookmarked for future reference πŸ™‚ Thanks xx

    Pop over to my blog!

    Sarah
    https://everydayconcepts.wordpress.com

  • Helpful tips! I know nothing about buying property and am far from that step. But I think there is a lot to say about planning ahead. This gives me food for thought πŸ™‚

    xx Yasmin
    http://banglesandbungalows.com

  • Not at all boring, very informative in fact! I'm not looking for anywhere right now, but when the time comes I've no doubt this would be super helpful! πŸ™‚

    Gabrielle | A Glass Of Ice
    x

  • Great tips and good planning ideas, thanks!
    Have a lovely day πŸ™‚
    Rosanna x
    Rose's Rooftop

  • Thanks for the helpful post, I'd absolutely love to live with my boyfriend now but saving the house deposit is such a struggle especially when you want to save as much as you can!

    http://www.laurenashleighbarden.blogspot.co.uk

    • I totally identify with this, especially knowing what it feels like when you desperately want to be with someone! Definitely keep at it though, you'll get there! x

  • Oh you got that right for sure! I'm into realty finance and we do give these a thought always πŸ™‚

    Style.. A Pastiche – Fall Colours & Acro Yoga

  • Congrats on buying your first home, so exciting. This seems like a distant dream for me at the moment as we only moved to London over a year ago & spent all our savings in the process. I don't think I could ever own in London anyway as it's ridiculously expensive haha x

    Beauty with charm

  • Excellent and helpful post! Thank you for sharing with us! πŸ™‚

  • This post is really helpful and interesting! I am dying to buy but it's just far too expensive for me at the moment, especially being single so I need to cover the whole cost myself. I've been saving loads though so I'm hoping to be able to afford to buy in the next five years or so. I just can't wait to have my own space to make exactly how I want it. Renting is so rubbish for that, you always feel like it's not your own home, no matter how homely you make it! I love your tip about starting to buy things early too – I never would have thought of that but it makes perfect sense so thank you for that!! I loved this post πŸ™‚
    Nicole xxx
    Life in Ginger