Finding a new home for you and your family can be quite the emotional journey. No matter the reason you’re moving, the house you’re leaving is going to be filled with memories. It may be the first house you and your partner bought together, or it may be your children’s childhood home. All in all, it’s going to be hard to say goodbye to it!
Well, it would be if you could find a new property that was actually in your price range! The housing market seems to be more expensive than ever, and trying to find a family home that has room for everyone is quite the Herculean task.
But seeing as you’re already quite emotional at the prospect, the fact that you can’t seem to afford any property you actually like the look of is really not helping at all! Surely there’s something you can do to bring the market back into your price range? We’ve got some good news for you: there is!
Take a Look at Your Credit Score
This is the first place any and all prospective lenders will check to see if you’re the kind of person they should hand money to.
A good credit score is unlikely to be rejected, but it’s always best to try and get it to the optimum position; this is pretty much a guarantee you’ll get pre-approved by a lender before you even have a property in mind.
If you have ‘bad credit’, there will still be lender options out there. However, try to work off any debt you’re still holding, and make sure there’s nothing marring your credit report. Sometimes old debts can still linger there, even long after being paid off.
There Could Be a Better Mortgage Out There
Getting a mortgage that’ll ensure you can pay for your new home is usually the hardest part of property hunting. If you already have a mortgage, that needs to be settled first. If you inherited your current property, you may not have needed one thus far, and you’re only now dipping your toes into the world of home loans.
Either way, the mortgage rates and terms you’re currently being offered are abysmal. If that’s the case for you, remember that better mortgages are out there – you just need to find them.
Be sure to check out these tips on finding better mortgage terms in 2025, first of all. Then, look into getting a mortgage broker who can find the right deal for you. Someone like this is more likely to have the right advice on what you can afford and what you’re likely to be offered, so it’s always worth talking to one.
Finding a new family home is going to be a costly task, but it shouldn’t be impossible for you. If you’re in the market for a new house that fits the bill, make sure you go through your finances and see where things could be going wrong during the process.
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