Step Onto The Property Ladder At The Swale

From Beal Homes

Buying your first home may seem like a daunting experience, but you’ll only buy your first home once so enjoy it!

Step onto the property ladder stress-free with this straightforward guide. Let’s get started:

Step 1: Decide on your budget

It’s no surprise that the first step in buying your first home is to figure out what you can realistically afford. Speak to a mortgage advisor who’ll let you know how much banks will be willing to lend you. You’ll then be able to combine that figure with the deposit you have saved up to know the total budget for your first home.

The Help to Buy scheme is available to all new build home buyers (when buying a home under £600,000) which allows you to purchase your dream home with just a 5% deposit. Take a look at this short video to find out more about how the Help to Buy scheme works.

Keep in mind that there will be additional legal fees to pay, including Stamp Duty Land Tax. You won’t pay this tax on residential properties worth up to £125,000, however there will be tax to pay on homes over that price - find out more about Stamp Duty Land Tax.
Once you have a mortgage in principle in place, you can start making offers on your dream home!

Pssst - don’t forget Beal Homes offer a forces and key worker discount.

Step 2: Finding your new home

Now it’s time to search for the right home to suit your budget and lifestyle - whether you’re looking for a bachelor pad or a place for your growing family.

Beal Homes' Gainsborough development, ‘The Swale’, is ideal for first time buyers with homes available to buy with less than a £6,000 deposit with Help to Buy.

Homes at The Swale have been built with the first time mover in mind with a range of 1, 2, 3 & 4 bedroom homes available at this vibrant and contemporary development.
Visit Beal Homes' marketing suite for a chat with their Sales Executive, Heather, who’ll help you to find your ideal first home. Find out more about The Swale.

Step 3: Reserving your plot & exchanging

Once you have decided which home you’d love to see yourself living in, you’ll need to secure your reservation with a deposit of £500.

Once Beal have reserved your property, they'll keep in regular contact and advise you of both the legal and structural progress of your new home.

When you reserve your new home, Beal will give you their best estimate of when it will be ready. This will depend on the construction stage of the house at that time. They'll confirm your actual moving-in date when they receive the Warranty Provider Cover Note.

Step 4: Customer Selection Lounge

At this point, Beal will remove the property from the market and invite you into the Customer Selection Lounge, where you can choose how to personalise your home.

The beauty of a Beal home is in the way it reflects who you are and how you live. With their Customer Selection Lounge, Beal give you the freedom to decide on the elements that make up your home. Whether you want to upgrade your home technology or even move walls, their designers are on-hand to make your dream home a reality.

Find out more about Beal's selections lounge experience here.

Step 5: Finish the build

Beal will work hard to incorporate all of your selections into your new home throughout the build so it’s ready for you to move into as soon as possible.

Step 6: Complete & move in

Once your home is ready, you will be invited to carry out an inspection, be given a demonstration of your new home before your moving in day and Beal's legal advisor will be given formal notice.

Finally, all that’s left for you to do is to pack your things and move into your new, customised Beal home.

Beal Homes put you, the buyer, at the centre of each step. Their customer-led processes ensure they create the perfect home that suits your lifestyle perfectly.

If you’d like to speak to Beal about buying one of their homes, don’t hesitate to contact Beal today. 

Publish date: 02/08/2018

Publisher: New Home Finder