Buying a property can be easy when you get into it with both eyes open. Do your research, seek for advice. Dig into the mishaps of other homebuyers, while you’re at it; it can help you see where pricey problems can be avoided.
With mortgage rates being low and housing affordability high, more renters are recognising they can get a better deal by buying their first home and beginning to build their investment. Read on to find out what some tips on what to look out for so you can have a successful experience.
I’m from north London but my partner was living in south east London and we both work in the city so the commute in from south east is much easier from here!
We had just moved back to the UK from a couple of years in Australia and had recently had our first child, so decided we wanted to be fairly close to family support in south east London. Beckenham is also a good commute in to town, which was a factor for my husband. Thinking ahead we knew that the area was great for families, with access to good schools and lots of green spaces, and was more affordable than some other areas we’d looked at.
I grew up in Camden and my husband grew up in Croydon. We wanted somewhere in between but to be in London. Our friends had moved to Surbiton and we liked that the Overground was direct to Waterloo but as we wanted to be more central, we started looking around Earlsfield and found Southfields which was a lovely area and also on the tube line. We purchased a 1/2 bedroom maisonette in Southfields where we had our first daughter and moved one stop down further along the tube line to a 3 bedroom house in Wimbledon Park when we were expecting our second.
We both grew up here and most of our family live here too. We relocated back from Oxfordshire, where we had previously lived for Sy’s job, three years ago.
We had quite a long list of features we wanted in a house and location, and Telegraph Hill ticked all the boxes: good primary and secondary schools, parks, several travel options into central London, large houses with basements and gardens and a village feel with a diverse demographic.
I grew up around here and a lot of my family live close by, so it was a natural place to gravitate back to when buying a longer term home.
I’m a Lewisham girl – I was born and raised here and absolutely love it so I wanted to stay local. I ended up buying in Catford which is a more affordable part of the borough. There’s something about being in South East London that I just love. We’ve got loads of lovely parks, independent shops and restaurants, but most of all I love the people!
As if getting onto the ladder wasn’t hard enough, this couple took on the challenge of buying their home in the middle of the COVID-19 pandemic and renovating it to their own satisfaction.