{"id":10998,"date":"2023-02-08T12:22:08","date_gmt":"2023-02-08T12:22:08","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/tomd\/?p=10998"},"modified":"2023-02-08T12:33:04","modified_gmt":"2023-02-08T12:33:04","slug":"looking-to-buy-in-2023-get-planning","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/tomd\/2023\/02\/08\/looking-to-buy-in-2023-get-planning\/","title":{"rendered":"Looking to buy in 2023? Get planning"},"content":{"rendered":"
\n

Even in times of economic turbulence, the fundamentals of house buying remain mostly the same. For those looking to make a purchase in 2023, it\u2019s never too early to start planning.<\/strong> <\/p>\n<\/div>\n\n

\n

Why buy now?<\/strong> <\/p>\n<\/div>\n\n

\n

House prices have stayed high over the past year thanks to sustained buyer demand and restricted supply. Trying to predict future price movements is close to impossible; if you are in a position to do so, now could be the right time for you to take a step onto (or up) the housing ladder. <\/p>\n<\/div>\n\n

\n

Preparation is key<\/strong> <\/p>\n<\/div>\n\n

\n

It\u2019s important to think about the whole timeline of house buying as soon as possible. Before applying for a mortgage, for example, it\u2019s a good idea to check your credit score. Likewise, securing a mortgage in principle early in the process can give you a good idea of how much you\u2019ll be able to borrow. <\/p>\n<\/div>\n\n

\n

Know your price range<\/strong> <\/p>\n<\/div>\n\n

\n

Using all this information can help you set your budget. When you start searching for properties in your chosen location, it\u2019s useful to have a realistic estimate of what you can afford. Remember that the true cost of buying includes Stamp Duty, surveys, solicitors\u2019 fees, removal costs and any extra furnishings you\u2019ll need, as well as the headline house price. <\/p>\n<\/div>\n\n

\n

Start saving<\/strong> <\/p>\n<\/div>\n\n

\n

One of the most important steps towards homeownership is to save enough money for a deposit. Generally, you\u2019ll need to have saved at least 5% of the property\u2019s value in order to secure a mortgage. Start early and make the most of any help available, such as the 25% government bonus that first-time buyers can get with a Lifetime Individual Savings Account (LISA). To find out more about how you can make your home ownership dreams become a reality, please do get in touch. <\/p>\n<\/div>\n\n

\n

As a mortgage is secured against your home or property, it could be repossessed if you do not keep up mortgage repayments.<\/strong> <\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

Even in times of economic turbulence, the fundamentals of house buying remain mostly the same. For those looking to make a purchase in 2023, it\u2019s never too early to start planning.  Why buy now?  House prices have stayed high over the past year thanks to sustained buyer demand and restricted supply. Trying to predict future […]<\/p>\n","protected":false},"author":12,"featured_media":10999,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,91],"tags":[],"hd_content_source":[],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/10998"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/comments?post=10998"}],"version-history":[{"count":5,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/10998\/revisions"}],"predecessor-version":[{"id":11005,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/10998\/revisions\/11005"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media\/10999"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media?parent=10998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/categories?post=10998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/tags?post=10998"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/hd_content_source?post=10998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}