First time buyer's guide

Our CCG Homes first time buyer’s guide is here to provide you with information on the true costs of purchasing your new home. We suggest you read through this brochure for information on the “hidden costs” that you may have previously overlooked when attempting to calculate your finances. As a team, we are fully committed to providing you with excellent customer service as well as high specification properties as standard, in alignment with the parameters of the Consumer Code.

Moving home is an exciting but daunting experience, so you will want to make sure you take everything into consideration. We have put together a list of things you may want to think about when searching for your new home. Whether you are relocating to a new town or simply moving down the road, have a look at our top things to consider to help make the transition into your new home and community that little bit easier.

Costs to consider when buying

Deposit

When moving home, there is no doubt that your deposit is the most considerable cost that must be evaluated. However, with the help of assistance plans like Help to Buy, buying a new build property is more achievable now than ever before. Help to Buy will allow you to secure your new home with a 5% deposit, however it is still a good idea to save as much as you can for any unexpected emergencies.

Moving day costs

Even if you don’t have a lot of furniture to move it may be a good idea to set some extra cash aside for any potential moving day costs you may or may not have budgeted for. If you have decided against hiring a removal company for some extra help, you may still want to rent a van for the day or weekend – especially if your new home is quite a distance away from your current location – to reduce the number of trips.

Budgeting costs

Council Tax

You will need to register for your annual payments of council tax which is a fee that your local council charge you for the services they provide, such as road repairs, bin collection and street lighting. You are able to check how much council tax you are eligible to pay in accordance with the band valuation of your home.

Planning for the future

As a first-time buyer it may be in your interest to make your new home your forever home – or, at least this being the case for a considerable amount of time. With this in mind, it is a good idea to research schools in the local area if planning a family is in the near (or distant) future. It is also a good idea to research the healthcare services in your local area – especially for buyers who have long-term health conditions as this could be an important factor in your final purchase decision. If you are not sure of the local schools or healthcare services in the area your sales consultant will be able to assist you and provide all the information.