Buying a house

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I wanted to write an easy quick guide on things you need to know about buying your first home, extra charges you will encounter and a rough step by step guide of what to expect. It can all be so daunting and new and honestly i don’t believe anyone even if they are on their 10th house fully understands all the ins and outs.

And one of the most common ways we respond to stress is to bury ourselves with things that distract us from our ailments and our fears.

So what did we do from March 14th to today?

We shopped online, constantly. We had countless Amazon packages delivered to our door. We responded to excess stress the only way we knew how: with an excess of everything else.

Our previous reality has crumbled to pieces and we are still no near a return to normal.

But part of accepting this is comforting, as we can accept our circumstances and open the door to a better way of life. We can benefit from that extra nudge to change our habits and choose to embrace a minimalist lifestyle.

Minimalism counter-acts our stress and helps us revert back to a healthier way of being. It helps us boil it down to the essentials and make way for what truly serves us — not useless junk we purchase to fill a void and bury our fears.

Minimalism is the tool that will change your life for the better.

4 Key steps when buying a house.

1. Mortgage broker

The first thing i would absolutely recommend anyone does is get in touch with a mortgage broker. They are worth their weight in gold. They have connections to mortgages that the general public don't have access to along with matching your criteria to the most appropriate lender.

Things they will need from you;

  • Details for you & your partner if it is a joint application
  • Salary
  • Passport, Driving License & Utility Bill
  • 3 Months payslips, 3 months bank statements
  • A rough monthly coasting this will include things such as, hair & nails, holidays, electricity, private health care, pets etc etc it is worth getting an idea of these things ready.

2. Register with a solicitor

It is key to get yourself registered with a solicitor so when you are ready to make an offer IF it is accepted you can move straight onto the next step without having to try and find one in a hurry. If you are a first time buyer then it also shows the sellers that you are ready to go and that in itself makes you more of an appealing buyer.

3. Spread Sheet.

I found this a really helpful step for us to work out exactly what was really important to James and myself when purchasing. For example we would have; Location, Price, Condition, Aesthetics, Garden etc etc and it became very apparent that for us personally location was above all else key - after all you can change the home but not the location of it.

4. What to look for on viewing.

Important things to look for when viewing a house especially in an older property is the condition. Things like watermarks on ceilings, brickwork, cracks, subsidence...

5. Offer.

When deciding if you want to make an offer or not can be quite scary as its a big choice. Having the spread sheet can help you choose between houses you have seen it also can help you to see how much work a property will need. For us we wanted something structurally sound regardless of the Interior style or renovations we would need to make it how we wanted it, this being the case it isn't realistic to knock off money from the asking price for this alone. If the house seemed structurally unsafe (this would also show on a survey at a later date) you could then offer less and give this as a reason.

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Words & Photos by Becky