Get closer to your dream second property move
Ready to make your next property move and trade your first home for a second one?
That's great – upgrading from your first home is an exciting time.
You get to benefit from the experience of having gone through the process before and the improved financial position of having built up some home equity.
Not quite there yet? There are still lots of things you can do to make your next dream property move a reality.
Here are some handy tips:
Bide your time
The great thing about biding your time before making your next property move is that it gives you even more time to plan ahead.
Focus on the positives – while you are saving you'll continue building equity in your first home.
You'll also benefit from more time to weigh up your options. Challenge your first instinct and look into a range of property types in the area you wish to live in.
Get out there and attend open homes. Timing is so often a big factor in finding the right property. You'll have more of a chance of stumbling across 'the one' if you don't rush the process.
If your property valuation was less than you were hoping for, you're not alone. It's a pretty common thing among homeowners.
Yet the world is your oyster when it comes to affordable ways to boost your home's value and attractiveness to potential buyers.
One low cost way to make your home look fab is to put some effort into the garden and other exterior spaces.
A well-kept front and back garden can do wonders for your property and create a memorable first impression – especially if that neat rose bush or well-trimmed hedge can be seen from the street.
Inside your home, it may be good to focus on the rooms most likely to draw attention during a viewing: the kitchen, bathroom and living room.
Even small things like replacing fittings or putting a fresh coat of paint on cabinets and drawers in these areas can give them a new lease of life.
A better home loan deal
An excellent way to improve your second home buying options is to talk to a mortgage expert.
With the right home loan you may be able to take your next step on the property ladder sooner than you thought.
A mortgage broker won't just tell you what your borrowing capacity is – they'll help you find ways to improve it.
They know lenders and loan products intimately. That means they can tell you about special deals and which lenders
You can also be sure that they will help you with all your home finance needs – such as a bridging loan to help you buy a new place before selling your old one.