Purchasing a property can be a momentous and memorable occasion for those involved. It can signify the beginning of people’s lives together, or it can simply be a source of income for the buyer. However, while purchasing an asset such as a home is an excellent idea, it can also be a highly stressful process that needs careful consideration, planning and professional help. Ensuring that you are financially prepared and ready for the commitment is vital.
At Hones Lawyers we have created an infographic with the aim of providing helpful tips for those thinking of purchasing a home, such as valuable features to look out for in a property that can save you money in the long term. We have included interesting information on home ownership rates around the world, as well as thought provoking facts on the legal work involved in purchasing a home.
Lately, I’ve been looking at different houses that I might consider buying, but I haven’t thought about using a conveyancer just yet. However, I could definitely see how it might be important to check for flood risks. Yet, I’m not too sure about why I need to know about local authority searches, and so can you please explain why that would be necessary to have done before I buy a home?
Thank you for the chart! I think the best idea you gave was to hire a conveyancer to handle the paperwork. I’ve always struggled with legal work and think I would mess everything up otherwise!
This is some great information, and I appreciate your list of valuable home features to be aware of. My husband and I have decided that we’re ready to move out of our apartment and into our first house, so we’re excited to start our search. We’ll definitely keep an eye out for features like well insulated windows and high energy ratings so we can choose a good quality house. Thanks for the great post!
I really like your advice to have a significant amount of money available for a down payment. I think that a lot of people don’t understand why you would want to have some money prepared for such a purpose. I really think that a home can be important to have, but you have to be sure that you can afford it. Do you have any other tips about buying a home?
I like that you point out that it is important to be financially prepared when buying a house. I can see why knowing how much you are spending monthly and earning could help you decide if you are ready to make a huge investment. I am wanting to buy my first house in the next year or so. I’ll definitely keep this in mind while I am out looking.
I love the infographic you have here for buying a home. I especially like the section that talks about valuable features to look out for. I hadn’t even thought about looking for well insulated windows! When my wife and I go house hunting, I will look at all of the windows.