Taking your first step onto the property ladder is one of life’s most exciting – and often nerve-wracking – milestones. From mortgages and paperwork to choosing the right area, the process can feel overwhelming at times.
At Elivia Homes, we believe first-time buyers deserve clear, practical advice that empowers and inspires. That’s why we’ve created Elivia’s Essential Eight – a guide to buying your first home from our expert sales team.
1. Know Your Budget
Before booking viewings or scrolling endlessly through property websites, it’s essential to establish a clear and realistic budget. Speak to a mortgage broker or advisor to get a ‘mortgage in principle’ – this gives you a clear idea of what lenders are willing to offer and sets expectations early. Knowing your affordability helps narrow down your search and avoids disappointment later on.
2. Understand the Costs Beyond the Deposit
Many first-time buyers focus on saving for the deposit but forget to account for the other costs involved in purchasing a home. Legal fees, valuation and survey costs, stamp duty (if applicable), removals, and initial furnishings can all take a chunk out of your budget. By planning for these costs in advance, you can avoid last-minute financial stress and ensure a smoother transition into your dream home.
3. Choose the Right Location
Location is everything. It’s not just about where you want to live today, but where your life will grow in the years to come. Consider local amenities, schools, transport links, green spaces, and even mobile signal. Spend time exploring potential neighbourhoods and visit at different times of day to get a feel for the community. Our Elivia developments are handpicked with lifestyle, quality, and longevity in mind.
4. Research the Developer or Seller
When buying a new build home, you’re not just investing in the property – you’re placing trust in the developer. Do your homework: read reviews, look at their past developments, and speak to existing homeowners if possible. At Elivia Homes, we take pride in our exceptional build quality, architectural detail, and customer service – because your new home should feel right from the very beginning.
5. Don’t Skip the Small Print
From mortgage agreements to contracts of sale, the paperwork involved in buying a home can be dense and confusing. Don’t be tempted to skim through – these documents define your legal and financial responsibilities. A good solicitor or conveyancer will help you understand every clause and flag anything unusual. Take your time, ask questions, and make sure everything is crystal clear before you sign.
6. Think Long Term
Your first home may not be your forever home, but it’s still a significant commitment. Think about your lifestyle goals over the next 5 to 10 years. Will you need extra space to work from home? Could your family grow? Is there potential to add value? Buying with a long-term view helps ensure your home continues to serve your needs for years to come.
7. Be Prepared to Act Quickly
Desirable properties, especially in sought-after areas, don’t stay on the market for long. Once you’ve done your research, have your mortgage in principle, and know your preferences, be ready to make an offer swiftly. This is particularly important for new build homes, where phases can sell out fast. Being prepared puts you in a stronger negotiating position and helps avoid missing out.
8. Celebrate Your Success
Buying your first home is a huge achievement – one that should be celebrated. Whether it’s enjoying your first takeaway in your new kitchen, or planting flowers in your first garden, these moments matter. Take pride in your accomplishment, and don’t be afraid to make your new space your own. Your first home is more than bricks and mortar – it’s the start of a new chapter.
Buying your first home is a big decision – but with the right information and a little confidence, it can be one of the most rewarding experiences of your life. At Elivia Homes, we’re here to support you at every step with helpful guidance, and a team who genuinely care. Find out more.