Here at Letters Group we help lots of home buyers in Peterborough find their dream home. We love taking the time to understand what a first time buyer wants from their next home. We can then show them homes in their budget that fulfil their requirements.
However, as a first time buyer in Peterborough there are a few things you may want to do before you start looking for your next dream home. We have listed some top tips for first time home buyers below so you can be prepared for a successful house buying process.
Get Approved In Advance
Before looking at homes online or guessing the amount of mortgage you can get, get pre-approved. Book in for a chat with our team and we can help you get the best rate for your mortgage so you know the house prices you are looking at. We will talk you through all the additional costs involved in buying a house too, some of which you may not be aware of. If there are any relevant government schemes or grants we will let you know about those too.
Choose Your Territory
There are good and bad parts of all areas. Take the time to think about where you want to live. You may get more for your money in some parts of the city. However you may prefer to live in a quieter neighbourhood which could cost more. Do you need to be near to public transport or need a local shop for last minute essentials? Would you like to be near to a good primary or secondary school? Before looking at homes, think about where you want your next home. This will then make the house hunting process easier for you.
Think About Preferences
If you are buying your first home with a partner sit together and decide what you want from your dream home. Would you like a driveway that fits 2 cars or are you happy with a communal car park? Do you need a spare room for guests or an area to turn into a home office? How big would you like your garden to be, and should it be high or low maintenance? Think about the preferences you have for your dream home in Peterborough, and then you can give your estate agent a clear idea on the sort of home you want.
Good homes in Peterborough sell fast. If you see a home you like online, book a viewing with your Peterborough estate agent as soon as possible. The home you see online Monday may not be available by the weekend so get in there as quickly as you can. As a first time buyer with no chain you will be an extremely attractive bidder to home owners, but you still need to get in there quickly.
Are you a first time home buyer in Peterborough? Call us now and we can go through the steps with you, helping you through the process of buying your first home.