If you’re looking to set down your roots this year, it’s well worth knowing the various options available, so here are some of the best ways to buy a home in 2022.
Best ways to buy a home in 2022
If you are looking to buy a home in 2022 then you want to know all the options available. And with plenty of ways to now buy a home you can get your hands on your dream property at a price that suits you perfectly. With a range of homes from bigger family houses in the suburbs to smaller city apartments in central locations, buying a home through the various schemes available is a great way to get on the property ladder.
One way to get on the property ladder is through shared ownership. Shared ownership allows you to part buy, part rent your property and buy your home through shares. As you only buy shares of the home rather than getting a mortgage for the entire property, you only have to put a deposit down on the portion you want to buy. This can be a deposit on just 10% of the value of the property, making those upfront payments considerably low. You can buy more of your property overtime and with shared ownership homes in Surrey amongst other London Suburbs, shared ownership is a great way to go. With a smaller mortgage and an even smaller deposit, all the usual hurdles when it comes to buying a home are cut out with shared ownership. And with many of the homes being new builds you can get a brand new shared ownership home in Cheshire at a low deposit and with a great investment secured for the future.
Help to buy
Another great way to buy a home is through help to buy. Help to buy ensures you only have to put down a 5% deposit and you can obtain a 20% equity loan from the government. While not only cutting down those initial costs, help to buy ensures you have plenty of time to get your finances in check as this loan has 0% interest for the first 5 years. Help to buy also offers brand new homes with bespoke interiors and a wide variety of properties from family homes in Kent to apartments in London.
If you’re looking to get on the property ladder while cutting down on the commuter time and saving money, moving to the London suburbs is a great idea. London suburbs have a number of homes all offering shared ownership and help to buy as well as regeneration programmes with brand new town centers and amenities. Young professionals are at the heart of London Suburb life and with great schools, top transport links and some brilliant places to eat out and dine in, a move here is perfect for any busy commuter or work-from-homer. With the city just 20 minutes from most suburban areas and the perfect balance between city and rural life, London suburbs are a great spot to set down your roots. And with many areas including shared ownership homes in Bedfordshire boasting some beautiful outdoor areas, you can’t go wrong with a move here.