If 2025 is the year when you are aiming to buy your first ever property, then before you start you need to do some planning to make sure that you are well prepared for the process – after all this is the biggest purchase that you will make so you want to make sure that it all works well for you.
The first thing that you will need to do is get a mortgage offer, also known as a mortgage in principle. The mortgage that you can get depends on many things – from your current financial situation, your credit history as well as how much deposit you have. It is a good idea to speak to a professional like this mortgage advisor Gloucester based company who will be able to help you find a mortgage that suits you best.
As well as buying a house outright, it is also worth looking into the shared ownership options too, as this could be a good way to get onto the property ladder, especially if you do not have a large deposit.
You also need to make sure that you have all the documentation that you need for an identity check and also a record of your finances, as this is a legal check that must be done to prevent money laundering.
As well as your finances and your documents, now is also a good time to decide on your solicitor who will do the conveyancing process for you when you are purchasing your house.
