If the new house you dream of owning is beyond your means, one way to get it within your budget is to buy it before it is built.
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The amount of money you can spend on buying your new home will depend on how much money you have saved and how much a bank or building society will lend you. When deciding how much of a mortgage they are willing to offer you the lender will take into consideration.
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When looking to buy a new home you can choose to buy a new property, to purchase an older house or to build your own house.
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Congratulations! Your offer has been accepted. Now, you need to work through the legal steps to secure ownership of your new home. This guide will explain your legal requirements and how the law is different depending on which part of the UK you are living in.
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When you start the process of buying your first home you will have lots of questions that you need answering. It is an exciting time but it can be daunting as well as it can be hard to know where to start.
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So you have found your dream home, but what next, let us guide you through everything you need to do to turn your dream into a reality.
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Before you can buy your new home you need to arrange for a surveyor to carry out a survey of the property. A survey will tell you whether or not the property you hope to buy is a good investment without structural faults.
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