Simple House Buying Tips

When you are ready to buy your first home, there are a lot of big decisions to make. It can be a nerve-racking period, with a lot of unknowns going on. However, these tips might just make the process a little bit easier for you. 

Mortgage and Deposit

You need to save for your deposit as soon as you even have a flicker of an idea about buying a home. Commonly, you will need up to 20% of the value of the house. You can look into first buyers’ perks, and see what you might be entitled to via the government. Even something like a 5% deposit can be much higher than you think. 

Look into different mortgage types, if you find this gets confusing, you can use a mortgage broker like Just try to remember that the higher the deposit you put down, the lower your mortgage payments will be in the long-run. 

Affordability, while you might want a 12 bedroom mansion, your budget might tell you, you need a 2 bedroom apartment. So always be as realistic as possible with what you comfortably spend. 


Once you have the finances sorted and maybe a mortgage in principal offer, you can finally really start shopping. You might want to work exclusively with one estate agent, or you might opt to work exclusively with one agent. Whichever you decide on, try to make sure that you get along with the person, they understand what you are looking for. 

Think about what your non-negotiables are. Because you’re going to live there for some time, so if the house isn’t exactly what you want, or at least almost exactly, you’ll find yourself resenting living there pretty quickly.

Try to remember what you might need in the future. You might need school options, or high-school options, ease of access to the local shopping center. Check and see if there is meant to be any work in the area that will improve roads or bring more jobs to the city. This is a reasonable indicator that money is being invested in the area and that the house prices may rise. 


You might be tempted to go over budget, and not by a small amount, but stay true to what you can afford and the offers from the bank in terms of mortgage size. House costs soon add up, and if you aren’t careful, you might find that extra 100-200 a month for the mortgage becomes a squeeze. 

You should also factor in the fact you’ll need to move, and all of that comes with some high costs. Try to leave room for a few thousand pounds to help you cover it with ease – and leave you with some change. 

Spend as long as possible, looking at the house for the first time, the second time, and another time you can negotiate into the transaction. And visit the area multiple times in the day. What is quiet and relaxing during the day might be hectic and noisy once the sun goes down. 

2 Responses to “Simple House Buying Tips”


  1. […] much to do and think about, from actually buying a house to sorting out your packing boxes for moving day, you can be forgiven if you forget a few minor […]

  2. […] you’re buying a home, there are a lot of useful tips that you should know about the process of buying a house, like setting a budget and applying for a […]

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