Do you ever just dream of the future? Dream of what you might be doing in a few years time, plan all the things that you really want to do and probably assume that you’re never going to be able to do any of them because of money. But, as the months or years pass by, we know that there will be on firm thing on your list, and that’s moving into your first home.
Whether you’re renting at the minute, or still living with your parents, moving home should be one of the top things you’re excited about. It’s one of the graceful steps that are needed to be taken into adulthood, and the freedom you get from owning your own home is amazing. So, we want to try and get you moving in as quick as possible, and we think we have a few tips that should get you there.
Getting The Ball Rolling
The first step in all of this is figuring out your budget. There’s no point beginning the buying a home process if you’re only going to spend money that you don’t have. The bigger the mortgage, the bigger the problems, so it’s always best to go through a mortgage calculator website when booking the home. Considering it’s your first home, you don’t want to buy something that’s too big for you either.
If there’s only the two of you at the minute, and you’re buying a four bedroomed house, you might be pushing the boat out a little bit. But, if you know you’re planning to expand your family, then getting a two or three bedroomed one, to begin with, is going to be better. Yes, another move down the line might be annoying, but at least you’re not going in way over your head with your first move.
Of course, you’re going to have financial struggles, everyone who is moving home will. It’s just that the whole process costs so much money, and your past money mistakes might come back to bite you. One thing that seems to hold a lot of people back is their credit score. If there is even just one negative on there, it can really impact your ability to get accepted for a mortgage.
Even if you have a lower credit score, your chances of getting accepted on a good mortgage rating drop dramatically. You can easily find out how to improve your credit score, but we will warn you that it will take you a little bit of work and time, only if your score is really damaged. Your partner’s score will play a big part in it as well, so it’s so important that you are working on that before you even put a deposit down on a home.
Once all the struggle is over, all that is left to do is move into your new home, and decorate! For some, this is by far the most exciting part. There’s so much you could put in your home, and you’re going to have a blank canvas to work with, so you can make it exactly how you would like it to be! Do your research about popular designs, and start buying the items bit by bit!