Sunday, 1 May 2016

Lifestyle | Buying A House.

I haven't really spoken too much about it on the blog, but I'm incredibly proud of being a home owner & the fact I had  mortgage at 24, I think is pretty amazing, especially in this day & age! We've lived in our home almost a year now & I wanted to talk to you guys about how we did it, and any hints & tips we can pass on.

1. Money.
The big one! Even though you can get away with a 5% deposit, we wanted to save at least 10% of the house prices we were starting to look at. That way our monthly repayments would be slightly less and it would also be a bigger chunk taken off of our house price. It's also worth taking into consideration solicitor fees... Because you don't want them to bite you on the bum! As we were first time buyers, we also paid for a mortgage adviser who basically helped us with everything & it's something I'd 100% recommend doing if you're a first time buyer too. She was amazing, especially with regards to contracts & all the technical jargon that comes with it, sometimes you need somebody to dumb things down & tell you exactly how it is.

2. Finding THE house.
Whether it's the first house you see or the fiftieth, I think when you know, you know! Ours was actually only the second house we visited but as soon as pulling into the estate and then onto the driveway, I just knew! I remember saying to Dan before we'd even got into the house that I had an amazing feeling about it & that the house was very 'us'. I found it so easy to visualise us living our life in there and how we could improve the house to not only enhance its' value, but to make it even more suitable for us & to our taste.

3. Never offer the asking price.
Come on... This one's a given. We offered a ridiculous £12k under the asking price for our house, which we knew would never get accepted, but it certainly showed that we were interested. This was of course rejected and we offered another two prices for it to get accepted... Still £5k under the asking price, which doesn't seem like a massive amount in the grand scheme of things, but it made a huge difference with our deposit & monthly repayments.

4. Be prepared for it to take a while.
So you've found the house, next comes the waiting. We were advised that since having our offer accepted it would take between 6-8 weeks for us to receive the keys. For us it took a little bit longer, which at the time was the most annoying thing in the world. But now we're moved in and settled I realise that we were making a huge deal out of nothing. It takes as long as it needs and when you're set up with a mortgage for 25 years an extra month or so before moving in is nothing.

5. Don't stress.
I know it's really difficult not to stress while buying a house, it's probably the most expensive thing you're ever going to buy, so I totally get it. But please if you're feeling the pressure, take a step back, have a brew & look at things again with a fresh pair of eyes. We had a pretty stressless move, and I really think that's down to buying a house with the right person, at the right time. Granted we did come across a few hiccups along the way with timescales and moving out of our rented house, but overall everything went really smoothly.

Are you a home owner? Did you find the buying process stressful at all? What tips have you got to de-stress?

Thank you for reading. Lots of love | Claire.x
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4 comments

  1. This post was AMAZING! I am actually still in the process of saving for a mortgage.. and both me and my husband have set up a Help to Buy ISA .. and will hopefully be thinking of applying for a mortgage/buying a house soon! I will definitely keep this points in mind! Well done on the house lovely!

    Saira
    www.throughtheglitterglass.wordpress.com
    xo

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    1. Thank you Saira!! :-) Glad you enjoyed it. Oooh exciting times ahead for you both then. Good luck!! It's hard work, but it's so so worth it!! X

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  2. Very useful post, Claire! We are saving up for a deposit, although the hubby isn't interesting in buying a house anytime soon, so when we do decide we want to buy, we'll be well on our way in terms of upfront cost. Dorset house prices can be pretty steep, but I do see the odd bargain now and again. I'd much prefer one that I can update to my own personal preference, rather than a brand new one - but there are pros and cons for both. xxx
    www.justemma.co.uk - natural beauty, affordable fashion, everyday life

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    1. That's exactly what we did :) I think we bought at exactly the right time for us. Everything just fitted perfectly into place. It's scary handing over the deposit money, but it's so so worth it :) X

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