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Buying a house is a daunting thing, especially for first time buyers – even if you’re moving it can be a headache too! For some, the process is alien, even some secondary buyers have no idea what’s going on when it comes to buying a new home. In this guide, you’ll find all the information from the process of buying a house, to landing a mortgage and all about the fees entailed in buying a property too.

So, whether you’re a first-time buyer or moving to a new house, we’ve got some information to help you understand the process. This guide is your step by step to buying a house.

The most important question to ask yourself before you buy is: “is this right for me?” Many first-time buyers may think that they’re ready to buy, but many considerations need to be taken into account before you take the keys. One of the biggest factors is the housing market. The current economy and housing market dictates the price of houses, so it’s important to know the right time to buy.

Some houses may be more expensive in a prosperous housing market, but despite what you may think, there is a right time to move. Sometimes, it takes a little patience and a little market research. Moving house in a bad market period means your home could not fetch as much as you thought, so it’s important for both movers and first-time buyers to consider the housing market before pulling the trigger on a purchase.

Also, consider your savings. The same goes for both first-time buyers and movers. For buyers, your savings are most likely to be for your mortgage. The best mortgage rates are available to those with a bigger deposit. So, the more you save, the better off you are in the long run. Also, consider the costs of furnishing your home too – it’s no small thing, it’s costly.

The same goes for movers, do you have enough to spend on fees like surveying fees and moving costs? It all adds up, so just be sure before you jump ship for a new home. The more time you have, the more you can save – so think before you decide.