How to reduce the stress of buying a property

March 30, 2016 by Brendan

Advice & Tips

Buying a property is among the top life events which are believed to be the most stressful. Even with professional help, the process can still be frustrating and create a great deal of stress. However, it is possible to reduce stress levels when searching for your new home, making the process much easier.

Although saving money will be among your top priorities when purchasing a property, it is wise to invest a little more in some services. A property survey is essential for anyone buying a home, and a comprehensive survey will detect potential problems with the property that you would have to deal with once the house purchase is complete. Although you may pay anything between £300 and £1,000 and possibly more, the money could save you having to pay out thousands in the future.

Deciding which mortgage is the most suitable is another area which is complex. Although some deals may seem cheap, they may cost far more over the long term. Investing in professional advice from a CeMAP qualified mortgage adviser will ensure that you get the most suitable mortgage product for your circumstances.

Once you have found your new home, be realistic with targets. One of the most common mistakes is to stretch your borrowing capacity to the limit, causing you financial difficulties later on. Don’t be forced into completing too soon, as this may put pressure on you. If you think you may need more time to organise the move, ask for a couple of extra weeks.