8 STEPS TO BUYING A HOME! JWD MORTGAGES ADVICE GUIDE

1. 8STEPSTOBUYINGAHOME!JWDMORTGAGESADVICEGUIDE Whether you've done it before or not, purchasing a home may be a very difficult task. It can be tempting to choose the first rental or home in your price range. Discover what to think about before you buy, what to expect from the actual buying process, and some practical advice to make life easier after you move to demystify the process and make the most of your purchase. Your home buying an apartment can be a challenge for a beginner. After all, there are so many steps, tasks, and requirements, and you may be worried about making a costly mistake. However, first-time home buyers enjoy special incentives designed to encourage new entrants into the real estate industry. JWD Mortgages offers you a complete guide of Steps to buying a home. So, if you are looking for a mortgage professional to help you find the home of your dreams, visit our website and schedule an appointment with us. OurSteptoStepGuidetobuyingaHome

2. Step 1: Budget: Our first Steps to buying a home is to have a proper budget so we know how much money is left each month to cover our expenses. Remember that your first property is rarely your final property, so research your current property first and let it take care of itself in the long run. You need to make sure that the property you are buying meets your current needs and is within your budget. As a real estate buyer, understanding your family's most important needs will help you make the right decision. Step 2: Location

3. It is important to choose. Take a good look at the place and location. It is better to try a place near a great place in your city so that the price is not so high. Choose wisely and your home can be the best investment. Step 3: Rental prices in the area If you plan to invest in rental properties, high-rental apartments or densely populated areas are ideal. Knowing the rental price in the area will help you choose the right property and location. Step 4: Good resale value Resale value is an important thing to consider before planning a property investment or purchase. Real estate buyers never consider resale value when buying. They make the mistake of focusing only on the main location or budget of the property. If you choose the wrong property or location, your future sale price will always be lower than other homes around it. Step 5: Loan Eligibility: The right to receive a mortgage loan depends on the loan applicant's ability to pay, income, existing loans or debts, and age. Lending companies or banks offer online services, such as a mortgage loan calculator, to calculate the creditworthiness of a mortgage borrower. The

4. maximum sanctioned loan amount varies from bank to bank and eligibility conditions may vary as per the bank or RBI regulations. As mortgage rates increase, the borrower's creditworthiness decreases. Step 6: Postage and Registration: It is a major expense or tax, just like the sales tax and income tax collected by the government. When planning your budget for buying real estate and deciding to buy real estate, you need to know the current prices and fees in your city. If you want to know the market value of your property and its stamp duty amount, contact JWD Mortgages to estimate your value zone and subdivision. Find out the amount of stamp duty applicable to you based on the market value. Step 7: Additional costs Even if this is not your first home-buying experience, you need help from our team of professionals. Consider the fees or service charges of our Mortgage Advice Guide, home inspector, surveyor, attorney or notary, etc. Find out what the maintenance fee is. Is parking provided and is there an extra charge? If your previous owner did not have a vehicle, speak to the club secretary and ask for a parking space. Step 8: Property insurance Property insurance protects your financial future if certain losses occur to your property. The costs are relatively low and cover if there are problems with ownership, certain damages, or legal problems. There are many different home insurance policies to choose from, with varying levels of coverage. When you decide to protect your most important asset, it's important to have a resource you can trust to guide you along the way. Choosing the right home insurance policy will protect your property and make the buying process easier. HowWillOurMortgageAdviceGuidehelpyoutobuyahome? If you're looking for the perfect place to get a Mortgage Advice Guide, you've come to the right place. At JWD Mortgages, our mortgage is a large loan for your property that you pay off every month. The mortgage lender calculates the appropriate repayment amount each month, which includes the interest on the loan. Most mortgage loans have a longer repayment period of one year, but they can also be obtained for a shorter or longer period. This means that the total amount of the home loan, including interest, is spread over the years to be repaid, and this is how much you pay each month. Our Independent Mortgage Advisor, as we mentioned, does not work for a bank or lender.

5. They won't try to sell you a mortgage that isn't right for you. They are impartial and their service means they are committed to helping you find the best mortgage for you. One that perfectly matches your income, and your situation, and at the fairest possible price, this is a valuable service that can really help you in your mortgage search. Business Name : - JWDMortgages Email :- jamesdawes@jwdmortgages.co.uk Phone no. :- 07590 309324 Website :- https://www.jwdmortgages.co.uk/ Address :- 40 Berkeley Square Bristol BS8 1HP