🏡 When moving house, buyers should consider the following 3 factors:
1. Mortgage Options and Affordability: Understand the different types of mortgages available (fixed-rate, variable-rate, etc.) Sit snd go through a budget planner so you can see how much you can afford in monthly payments. Look at getting a mortgage in principal.
2. Location and Neighborhood:
Do some research in to the area where you would like to move to. Consider driving around at different times of the day. Look at factors such as proximity to work, schools, public transportation, and amenities.
3. Future Growth and Resale Value:
I know it’s exciting when you think you have found the house you want to buy but research potential planning applications around the area incase you wish to sell the property in the future. This could impact future value and re-sale. 🏡