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How to Avoid Buyer’s Remorse When It Comes to Your New Home

How to Avoid Buyer’s Remorse When It Comes to Your New Home

In this two-minute read, we look at avoiding regret when
it comes to buying or renting a new home.

We’ve all had it – that gnawing sense of buyer’s remorse
when we’ve made a purchase.

It could be the make of that new car you’ve ordered. Or the
colour of that dress that looked good online, but will it have a wow factor
when the delivery driver drops it off?

Or something as simple as ordering a dish in a restaurant
that you suddenly wish you hadn’t as your friend’s requested meal sounds infinitely
more appetising.

On a more serious (and expensive note), according to
research by insurance company Aviva, over a quarter of people who bought a home
during the pandemic now have some regret linked to it.

It was either the cost, location, or the property itself
that created the nagging feelings of doubt.

The good news is the risk of buyer’s or renter’s remorse can
be reduced by following these nine simple steps.

1) Have
a realistic budget and stick to it.

2) Work
out what you want from a home and what you actually need.

3) Think
ahead, will this home be providing what you need in five years’ time?

4) Consider
all the moving costs like removals, storage, legal fees etc.

5) Consider
any commute time, transport links, and even broadband speeds.

6) Research
the area if it’s new to you. The steps below are worth following.

7) Consider
speaking with people who already live in the area you’re looking at. If you’re
brave enough, knocking on doors in the neighbourhood and asking direct
questions can be priceless and very revealing.

8) Jump
on social media and ask in Facebook (other social networks are available) community
groups what the area is like to live in.

9) Speak
to us. As local property experts, we’ll give you an honest opinion on areas and
the types of property you’re interested in.

And remember, it’s natural to have second thoughts about
something as big as moving home – so don’t beat yourself up about it. But by
taking a little more time and applying some more research, you’ll be more
confident and comfortable about moving.

We’ve been helping people in Kent move home
since 2016 and having a chat with us is something you won’t
regret. Call us on 01634 304326.