I’m thinking of buying a house. What’s my first step?,
20th November 2020
Before anything, your first step should be to establish your budget. Get in touch with your bank and schedule an appointment with a mortgage broker. They will be able to figure out how much you can borrow and at what rates, so you can be better prepared in terms of saving for a deposit.
Once you know how your finances stand, you should begin to look at websites and property portals to get an idea of the homes and the neighbourhoods within your budget. Start thinking about what you’d like in your home, as well as non-negotiables. These are different for every buyer – you might think outdoor space is essential, while another buyer might be more interested in location.