I have to say that, at the moment, I am perfectly happy and content in my home. It is cosy and homely, in a nice area, and has the perfect school for Joe just on the doorstep. But in September next year, Joe will be at High School and the time maybe right for a move, and an upgrade.
Funding For A First Or New Home
When we bought our first home, in 2003, we were right in the middle of the housing boom, and you could still get 100% mortgage in the UK, which was handy if you had not been able to save for a deposit. Now it is getting harder to get onto the housing ladder, particularly if you are a first time buyer, even more difficult if you are a first time buyer with a low income. But if you live in the US, you may be able to get help through an affordable housing programme like the Chenoa Fund, which helps help credit worthy families to realise the dream of home ownership by providing hopeful home buyers with the financial tools to purchase a home. It takes away the problem of having to have a deposit ( a minimum down payment) which can often be a barrier, and is helping more and more families to get on the housing ladder. When combined with your first mortgage, qualified borrowers can receive a second mortgage or grant to purchase a home with little or no cash investment.
If you are able to obtain your funding for a mortgage, or through an affordable housing programme, the real fun starts as you are able to look at what you require in your new home. For me I would look for somewhere that would be both practical as a family home and yet large enough for family and friends to stay over, and there are certain features that would definitely make a home more attractive.
What to look for in a new home
1. A double garage
We have both a car and a van. One is currently parked at the back of the house, one on the road. A double garage would be both practical and a security measure too.
2. A dressing room.
I have a lot of clothes, more than a couple of wardrobes can handle. And despite the fact that I cull my clothing items regularly, a dressing room with some walk in wardrobes would be just lovely. I’d be happy to share it with the hubby too – he’s a bit of a clotheshorse too!
3. Period features.
I am not a fan of modern and new build houses, I currently love in a Victorian terrace that has lots of its original features, and would definitely be looking for something similar – a Victorian villa or a Georgian townhouse are two styles of house I truly love.
4. An exposed staircase and entrance hall.
One of the things about living in a Victorian terrace is that you literally walk straight into my dining room once the front door is opened – there is no entrance hall. I would love a proper entrance hall with a beautiful winding staircase exposed. Our stairs are currently hidden behind the living room door – they are steep and literally just a staircase, with no hall space.
5. A large garden with lots of grass.
We have this currently – almost 100ft of garden with a large grassy area . The garden would need to be big enough for two sets of goals – we play a lot of football in our current garden so this is probably the most important space in the whole house and garden.
What would you look for in your next home?