Lorem ipsum dolor sit amet, consectetur adipiscing elit. In egestas varius massa nec scelerisque. Morbi tincidunt diam sed fermentum pharetra. Ut dapibus, magna sed porta luctus, nulla nunc luctus purus, nec tincidunt odio nisi egestas orci. Pellentesque tincidunt erat ut facilisis rhoncus. Nam odio turpis, gravida vitae tincidunt at, consequat non nisi. Suspendisse congue vehicula dignissim. Quisque euismod sem id posuere rhoncus. Quisque volutpat ut ligula vitae elementum. Lorem ipsum dolor sit amet, consectetur adipiscing elit.
Donec molestie vitae sapien sed rhoncus. Curabitur tristique, arcu in eleifend lobortis, magna tellus porta diam, non venenatis lectus massa sit amet magna. Integer malesuada eros consequat mi vehicula, vel consectetur metus varius. Proin ut lacus libero. Ut sollicitudin ante at varius molestie.
Donec molestie vitae sapien sed rhoncus. Curabitur tristique, arcu in eleifend lobortis, magna tellus porta diam, non venenatis lectus massa sit amet magna. Integer malesuada eros consequat mi vehicula, vel consectetur metus varius. Proin ut lacus libero. Ut sollicitudin ante at varius molestie.
Before you start looking for your new home, it’s worth understanding what you can comfortably afford. Think about:
It’s important to think about these costs alongside your exisitng monthly commitments. If you’re a first-time buyer, becoming a homeowner will often come with additional costs that you may not have had to budget for before.
having a place of your own or moving into the next home you’ve been dreaming of, is incredibly rewarding. But having a clear budget from the start can help you focus your search and avoid surprises later down the line.
It’s worth speaking to a mortgage adviser early, even if you’re not planning to buy immediately. Understanding your financial position and borrowing potential can help shape your plans and prepare you to buy.
Now for the exciting part.
Whether you’re looking for a city-centre apartment, family home, new build development or shared ownership property, having a clear idea of what you want can make your search much easier,
Think about:
Remember, no home is likely to tick every single box. Focus on what’s most important to you and what you can’t change. For example, things like location, a drive, garden size, commute times, how close you are to family and friends, you can’t change them. Flooring, layout, windows, doors, even where your sink is located, depending on the property and planning or shared ownership permissions, you can make the house your own.
Focus on what can’t change and have a list of non-negotiables, this will also help you weigh up your decisions.
Getting a mortgage can feel daunting, especially if it’s your first time, but don’t worry, most buyers feel exactly the same.
The good news is there are lots of options available, and a mortgage adviser can help explain them in oplain English and find a solution that’s right for your circumstances.
A mortgage is a loan secured a against the property, which oyu’ll repay over an agreed period.
Before applying, lenders will consider:
If you’re unsure where to start, we can introduce you to trusted independent mortgage advisers who can help explain your options.
Viewing a property is your opportunity to decide whether it feels like home.
It’s easy to get distracted by fresh paint, nice furniture or a beautiful kitchen, but try to look beyond the décor too.
Check things like natural light, storage space, room sizes and the overall condition of the property. Think about how you’ll use the space day to day and whether it will still work for you in a few year’s time.
If possible, visit the area at different times of day. A street can feel very different on a Saturday afternoon than it does on a Monday morning.
Don’t be afraid to ask questions about:
Take photos and notes during viewings. After seeing several homes, it can be difficult to remember the details.
Found the one?
Once you’re ready, you can submit an offer through Redwing. If your offer is accepted, you’ll be asked to provide additional information and begin arranging your mortgage and solicitor.
At this stage, nothing is legally binding, so it’s important to keep communication open and respond quickly to requests for information.
You can sometimes enter bidding wars if homes are really popular. Offer what you know you can afford.
Always remember too, the property market does move fast and homes can be snapped up quickly. Try not to think another home won’t come up if you don’t get this one, even if it doesn’t tick all your boxes. It’s best to wait for the home that’s right for you than rush into one and regret it later.
After your offer has been accepted, solicitors will begin the conveyancing process.
This includes:
This stage can sometimes feel slow, especially if other properties in the chain are involved, but we’ll keep you updated and help move things forward wherever possible.
Property transactions involve large sums of money, which unfortunately makes them attractive to fraudsters.
To help protect yourself:
Your solicitor and estate agent will never mind you double-checking details.
Need a little helping hand to understand what you can afford when buying a property? Use our affordability tools below to find out what you can afford and whether you have to pay stamp duty.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. In egestas varius massa nec scelerisque. Morbi tincidunt diam sed fermentum pharetra. Ut dapibus, magna sed porta luctus, nulla nunc luctus purus, nec tincidunt odio nisi egestas orci. Pellentesque tincidunt erat ut facilisis rhoncus.