What To Consider When Buying A Home


Whether you are buying your first home or your fifth home, there is still a lot to navigate and consider when buying a home. The house buying process should be exciting. However, it can be very time consuming and stressful for a lot of people. 

Buying a home is one of the most significant financial decisions that you’ll make in your lifetime. Here at Mandairs we want to be there to support you through it. Below we have listed what you need to consider when buying a home. By being aware of these considerations in advance, it should make buying a home easier to manage.



Before starting your search for a new home, you need to determine your budget. Look at the savings you have to put down as a deposit. Make sure you think about additional costs such as stamp duty, moving costs and legal fees too. Speak to a mortgage advisor and see how much you can get, then look at homes within this amount. If you find a home that you really like but it is slightly above budget, don’t be afraid to view the property and offer a lower price.



The location of your home is just as important as the house itself. Think about what area of Peterborough you want to live in. Would you like to live near the shops, the train station or a certain school for example? Are you happy to live on a main road or would you prefer a quite cul-de-sac or side road perhaps? Take your time to think about what you want near your home and the different areas that offer these. Then drive around to see how you feel about the areas.



One of the biggest things people consider when buying a home is the size of the house. You have a rough idea how many bedrooms you need. However, what about extra living space? Do you want a lounge and a dining room? Perhaps you would like a large outhouse or summer cabin in the garden? It’s important to think about the layout of the home you want too. As you view the floor plan of a property think about how that space could work for you, your family and your furniture.



It’s only normal that you will want your moneys worth when buying a new home. Many homes are sold with the home appliances, fixtures and fittings. Make sure you look at how old these items are and the condition they are in. Will an upgrade be required in the near future? Are they items to your tastes, or will you need to replace them when you move in? These are all things to consider when buying a home and can make a difference to the price you offer for the home too.



What sort of home are you looking for? The great thing about older homes is that they will often have larger living spaces and a charming appeal to. However, an older home may also need more maintenance work which can be expensive. If you’d like a home that you can just move into and not worry about, then you may prefer a newer home. It is also dependent on the look of the home you want too.


Are you looking to buy a home in Peterborough? Why not speak to our friendly team of estate agents? We will talk with you about the home you want and show you the selection of homes we have that suit your needs.
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