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How to Choose the Right Area to Buy a Property.

How to Choose the Right Area to Buy a Property.

House viewings can be an exciting time in anybody’s life. The concept of moving home is an exciting period of time, full of fresh challenges and new experiences. While looking for a property, many potential buyers make a list of things they desire their new property to have. Whether that’s a certain number of bedrooms, a garden or a specific sized kitchen, everyone will have something that is important to them while searching for their dream home. However, one aspect that is important to all prospective buyers is the location of the property. Here at We Buy Any House we have compiled our top tips to consider when you’re looking for a place to live.

Affordability:

Wealth is relative. The location of your property will have a huge impact on the cost of the house, so the question you need to be asking yourself is: can I afford to live here? According to statistics, London has been named the most expensive area in the UK, with houses in areas such as Surrey and Winchester averaging at a whopping £1,436,631. The location of the property can often be the deciding factor as to whether or not you can afford to live where you want. So, before you commit to anything or get swept up in house viewings, take time to assess what you can afford and achieve.

Choose the Type of Property You Want:

Although you may have decided on your perfect area, you need to ensure that you will find the right property in that area. Consider things such as: are you looking for a period property or a new build? What is the minimum number of bedrooms you would be happy with? Answering all of these questions, in addition to taking into account affordability, will determine if you can move to a specific area.

Look at Professional Opportunities:

Depending on what career path you choose, or what line of work you are currently doing, this may impact on the location of your property. Although commuting is an option, sometimes it is easier to find jobs if you live in the catchment area. For example, you may not find a lot of corporate work in small towns, so people often move to cities to be closer to their industry.

Spending Time in the Area:

If you think you have found the perfect area for you to move to, it’s a good idea to start spending time there. Perhaps visit the local parks, pubs and other amenities in the area, to get a feel for the community and resources there. Additionally, take in the type of people in the area- and how affluent or poor does the area seem. Don’t forget to have a look at the local transport to see what it is like in real life, rather than relying on what an estate agent or local people tell you.

Think Futuristically:

Although an area may seem a great location to move into as of now, unless you plan to move again in a couple of years, you may need to start thinking long term. You might want to find somewhere you will grow into, and you shouldn’t concern yourself with what areas are fashionable or expensive at the moment- this could change during later years. Furthermore, you need to apply the futuristic thinking to this. If you’re thinking of staying in the property long term, and starting a family, then you will need to look for things such as local schools, nurseries and family doctors.

If You’re Unsure, Rent!

If you can’t find your dream home to buy but have fallen in love with the area, then why not rent and get a feel of what it’s like to be a resident in that area? It may be a temporary solution, but it has its benefits. It allows you to be involved in the local property market and make informed decisions about moving and selling.

Finding your perfect home doesn’t begin and end with the property itself. There are always other existing factors that can affect your life and journey as a homeowner.  If you’re looking to relocate, invest in a new area, or are wondering “how can I sell my house fast”, then head to the We Buy Any House site for more information.

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