Owning a home is often seen as life defining moment! A milestone in someone’s life. Setting the goal to own a home in 2024 is a fantastic objective and a great goal to have for the new year, so here’s how you may go about it!
Firstly, consider the responsibility that comes with homeownership. Are you ready, do you have the financial means to start looking for a mortgage deal and properties? Aare you going this alone, moving in with a spouse or buying with a friend? Buying a property is a big commitment and not a decision to be taken quickly!
Financially, owning a home offers a sense of stability and is a great investment in your future. While renting can provide flexibility, homeownership means that you are investing your money. In many cases, mortgage payments can compare to rent or are even less than monthly rent, but they contribute to your asset, rather than funding someone else’s investment.
The current market conditions often work in favour of buyers, meaning it is a great time to step onto the property ladder. Putting off buying may mean navigating prices or interest rates, making 2024 an ideal year to seize the opportunity. A huge positive of owning a home offers a sense of security and stability. You can also paint and decorate and make the property your own.
Owning a home isn’t just about signing papers and obtaining keys. It requires commitment, responsibility, and ongoing investment in maintenance and upkeep. In essence, the decision to own a home in 2024 is a big one but is a fantastic thing to do.
Look at our Buyers Guide which is a step-by-step process detailing what you need to do to start your journey.
First Time Buyer is an exciting bi-monthly glossy which takes a stylish and comprehensive look at all the options available, setting them out in an entertaining and informative way, and helping potential customers navigate their way through what is often a daunting and complex process. We dispel the myths, reinforce the facts and arm the reader with the tools necessary to make their homeownership dreams a reality.
