Purchasing a home is a major investment, but that doesn’t mean you have to overspend. With the right strategy, you can cut costs. Here are five simple ways to save money when buying a home in Northampton or Rugby.
1. Research fixtures and fittings
When sellers are preparing to move, they’ll let you know what fixtures and fittings they’ll be leaving behind. Sometimes, they’ll leave more items if you pay a little bit extra (for example made to measure blinds). This could be a good deal - but it also might not be! Before paying extra, research online to see how much the same items cost second-hand. If you find a better deal, you can negotiate with the seller or politely decline to save yourself some cash.
2. Make a thoughtful offer
Buying a home in Rugby or Northampton is an exciting step, and making a carefully considered offer is part of the process. By researching the local market and understanding the property’s value, you can feel confident about putting forward an offer that feels fair to you. If you're unsure how to proceed, ask us for helpful guidance to ensure your offer aligns with the market while giving you the best chance of success.
3. Compare conveyancers
Choosing the right solicitor is an important part of buying a new home. Instead of going with the first option that responds to your request, take the time to gather a few quotes. This will help you gauge whether the fees are reasonable for the service provided. Keep in mind that the cheapest option isn’t always the best. For peace of mind, ask us for a trusted recommendation to ensure you receive quality service throughout the process.
Read 'Do I Need a Solicitor to Buy a House?'
4. Switch energy tariff immediately
When you first move in, your home will still be with the previous owner’s energy provider. But they won’t charge you the same rate the previous owners had! They’ll likely put you on their standard tariff, which can be significantly higher than their other rates. When you first move into your Rugby or Northampton home, take a meter reading and shop around for a new deal as soon as possible to save some cash.
5. Check removal quotes in both areas
If you’re moving somewhere completely new and need to hire removal services, get a quote from a company in your current area and if you are moving some distance away, your new area too. You could find that a company closer to your new home has a better deal than the one just up the road.
Get help from the experts
Looking for more ways to save money when buying your new home? At Horts, we can help you find the best home for the best price. Get in touch for a chat about property for sale in Northampton or Rugby.
You can reach us on 01604 639933 or via email at northampton@horts.co.uk.
OR
01788 550044 or via email at rugby@horts.co.uk.
Frequently Asked Questions About Saving Money When Buying a Home
How can I negotiate a better price on a property?
Do your research on the property's value and recent sales in the area. Present a well-thought out offer and be prepared to negotiate further.
What are some other costs to consider when buying a home?
Other costs can include stamp duty, legal fees, survey fees, and moving expenses. Be sure to factor these costs into your budget.
How can I reduce my moving costs?
Consider hiring a self-drive van or renting a moving container. You can also save money by packing your belongings yourself and using recycled boxes.
What are some tips for saving money on home insurance?
Shop around for the best deals, increase your excess, and consider bundling home insurance with other policies like car insurance.
