New Year, New Home: Here’s Why You Should Quit Waiting & Start Looking
Have you been dreaming of owning your own home but that always seemed like an unachievable goal? Well, with the housing market “running hot” and the stamp duty holiday still on the table, it might now be the best time to take your homeownership dreams off the backburner and start building your equity – just like thousands of others already did! And, honestly could you think of a better way to bring in the new year than by moving to the house of your dreams?
Read on to find out why now really is the best time to get your first foot on the property ladder and make your dream house a reality.
Remote Work Is Here To Stay
Generally speaking, December tends to be a great time to reflect back on the year we’ve had and start making changes for the better. Never more so than now that the pandemic has fundamentally reshaped the way we live and work, potentially forever. In the current context, for example, working from home has become the new normal for many of us. Despite this shift having taken place since the first national lockdown in March, one in five Britons are still not happy with their working set up, with only 23% of them having a study or home office. Can you relate to this? If you, just as many others, are struggling to work from home with no separate space properly outfitted for this purpose, now is the time to quit waiting and start taking steps forward to adapt to the new reality.
The Key to Building Wealth
It’s easy to assume that making the jump from renting into homeownership requires a great amount of time, energy, and of course money. You’re certainly not the only one. Many people are hesitant to take that step for a variety of reasons, which can admittedly feel overwhelming at times (e.g. student debt, the down payment). But the truth is the longer you wait, the longer you deprive yourself of the long term benefits that come with the decision of buying a house (e.g. increasing your net worth).
You Can Pay Less Tax & Save More Money
And, if you’re still on the fence about buying a home right now, let’s take a look at what is so special about this December specifically. Judging by the surge of activity that has taken place across the UK property sector over the past few months, the stamp duty tax break as well as the government incentives provided for home buying, such as the Help To Buy Scheme, and last but not least the new 5% deposit mortgage scheme announced by Boris Johnson, objectively speaking you now have one of the greatest opportunities to step onto the property ladder.
Ready for a fresh start this year? We can help you kick the year off with a bang!
Speak to one of our expert property consultants today – whatever your housing needs, we have a wide selection of brand-new apartments and houses across Nottingham and a wealth of local knowledge to find you your dream home – a place that perfectly fits your needs, budget and lifestyle!