15 Nov Things to do now if you want to move in 2024
As we enter the last chapter of 2023, many of us start to think about future plans – which for some may include moving home. Having helped people to do this since 2012, at Kaytons, we know it’s never too early to start preparing either. So here we reveal our best advice for those looking to move in 2024 as smoothly as possible.
Financial preparation
Before you start looking at properties, it’s important to assess your financial situation and create a budget. It can be wise to consider any potential changes in your personal life as well as the property market and think about how this could affect your affordability.
It’s also wise to set up a savings plan, if you haven’t already done so, to start putting money away for a deposit. Choosing one with beneficial interest rates can mean your money works harder for you. At the same time, look into your credit score and be sure to correct any discrepancies. Paying bills on time and reducing outstanding debts is a quick and easy way to improve your rating, and will mean you’re more likely to get favourable mortgage deals.
Market research
As well as preparing financially, it’s also important to stay up to date with property trends and market conditions. For example, if it’s believed that there will be a hike in prices, you might want to consider holding off. This is why enlisting the help of an estate agent can be so beneficial as they can help you to digest any news that is relevant.
Begin researching potential areas too as well as what the future holds for them, including future developments, schools and amenities. Keep a close eye on prices in your desired area and don’t forget to visit the neighbourhoods regularly to get a good feel for them.
Preparing to sell
If you need to sell your existing property in order to buy a new one, now is the time to plan this. Consider whether your property requires any updates to increase its value and focus on curb appeal as well as key areas like kitchens and bathrooms. In order to get your property in the best possible condition and ensure it’s more appealing to buyers, it may be that you need to declutter and depersonalise.
Legal and administrative preparation
Buying and selling a property both require lots of legal work. While solicitors and legal professionals will take care of this, it can save time and hassle if you get together everything you need and begin to look into your own responsibilities. Start by organising your documents, including your ID, proof of income and any property deeds if you wish to sell.
How Kaytons can help
The sooner you start to plan your move, the less stress you’ll likely face. Plus, by taking steps now, you’re positioning yourself for a successful move in 2024. For personalised advice and assistance, don’t forget that we’re always here so why not reach out to our experts at Kaytons Estate Agents?
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