Home Buying Tips

Buying a home is probably the biggest financial commitment you're ever likely to make. At HomeStart, we want to help you make an informed decision, so here are four handy tips to get you started.

1. It doesn't have to be your 'dream' home
   Most people buy more than one home in their lifetime, so don't think you absolutely must find the perfect house the very first time you buy. Getting into the market is a great first step.
2. Think about your future lifestyle
   The home that's ideal for you right now might not be in a couple of years time. For example, will you be needing more or less room in the future?
3. How much can you borrow?
   It's a good idea to find out exactly how much you can borrow, and what sort of deposit you need, before you go out house-hunting. Find out more on our Deposit Information or via our Borrowing Calculator.
4. How much are you willing to borrow?
   Consider carefully just how much you can afford to repay. If you choose to borrow the maximum loan amount, you are then eligible to make repayments which may be significantly higher than what you are currently paying in rent or board.