“Wouldn’t it be nice” sang Brian Wilson and the Beach Boys back in 1966. It’s about a young couple looking to the future as adults and the freedom they are going to get and to be together. You might be feeling the same way but about how to buy a house instead. It probably seems like a daunting task and it is in many respects. However, if you are thinking about getting into the house buying game Information on buying a house is available by some helpful people at Sam Conveyancing. They provide an up to date news service that will keep you abreast of all the comings and goings in the mortgage and house buying market.
Being prepared is one of the most important things that you can do when looking to buy a home. Have an idea as to the place you want to buy and do a bit of research first, possibly by using the news updates that Sam Conveyancing provides. You need to have a deposit in place to be really serious and this is usually ten percent of the properties value as a minimum. However there is nothing stopping you from getting a Mortgage promise.
This is an indication of how much the lender can look to give you based on your income and initial outgoings. It’s not an actual agreement to lend but it does give you an idea of what you’ll need saved up and what you can reasonably look at buying.