Finding the right home to suit your needs can be a tricky business. From working to a set budget to choosing a property type, and deciding on your top priorities, there can be lots to consider.
But is now a good time to buy? With house prices continuing to rocket, 2021 alone saw the biggest annual rise within the property market in 15 years.
In this article, we share a few top tips to consider when it comes to buying a new home in 2022.
Calculate Your Budget
Before you can begin your search, you must come up with a set budget so that you know exactly what you can afford. This will affect everything within your search, from the size of your property to its location. You should also set aside money for added extras such as solicitors fees and stamp duty.
Your chosen property type will ultimately depend on what your budget is, however, it’s good to know what options are out there. If you’re just looking to buy on your own, or in a couple, flats are a great cheaper option. For couples looking to expand their family, detached houses tend to be super spacious with generous garden space. Alternatively, if you’re in search of a project, terrace houses can make great renovation projects – adding lots of value to the property when your project is complete!
Location, Location, Location
When it comes to the location of your new home the main point to keep in mind is to choose an area you can afford. Every postcode has a property price history so be sure to do your research to see what level recent and previous sales prices have been at. Then it’s time to factor in priorities such as distance to work, local amenities, and for parents, what good schools are within the area.
Decide on Your Home Requirements
Finally, it’s important to make a list of your top priorities within your new home. Here are a few common ideas to get you started:
- Open-plan kitchen/living area
- A big garden (great for those who have pets to cater for)
- Large bedroom sizes
- Character features
- A garage
- A private driveway
- A quiet street to live on
- High ceilings
- Modern interior
- A large kitchen
- A playroom for children
Of course, there are many more to add to this list – but these are just a few to spark your imagination and get you thinking about what’s most important to you. One top tip when envisioning your home, is to work out which rooms in the house you spend the most time in. That can help you to narrow down your list to leave you with your top priorities in terms of which rooms to place more importance on when attending viewings.