Step onto the property ladder at The Swale, Gainsborough
Buying your first home may seem like a daunting experience, but you’ll only buy your first home once so enjoy it!
Step onto the property ladder stress-free with this straightforward guide. Let’s get started:
Step 1: Decide on your budget
It’s no surprise that the first step in buying your first home is to figure out what you can realistically afford. You can speak to our independent mortgage advisor, Richard Hall, who’ll let you know how much banks will be willing to lend you. You’ll then be able to combine that figure with the deposit you have saved up to know the total budget for your first home.
The Help to Buy scheme is available to all new build home buyers (when buying a home under £600,000) which allows you to purchase your dream home with just a 5% deposit.
Don’t worry about stamp duty, if you are a first time buyer, you no longer have to pay this fee if the property you would like to purchase is under £300,000 - saving you a chunk of money that could go towards your other home buying fees such as solicitor fees. If you would like more information on this, please feel free to give us a call and we can help clarify the costs involved.
Pssst - don’t forget we offer a forces and key worker discounts too
Step 2: Finding your new home
Now it’s time to search for the right home to suit your budget and lifestyle - whether you’re looking for a bachelor pad or a place for your growing family.
Our Gainsborough development, The Swale, is ideal for first time buyers with homes available to buy with less than a £6,000 deposit with Help to Buy.
Homes at The Swale have been built with the first time mover in mind with a range of 1, 2, 3 & 4 bedroom homes available at this vibrant and contemporary development.
Come down to the marketing suite for a chat with our Sales Executive, Heather, who’ll help you to find your ideal first home. Find out more about The Swale.
Step 3: Reserving your plot & exchanging
Now it’s time to decide which home you can see yourself living in, you’ll need to secure your reservation with a deposit of £500. You can do this once you have a mortgage in principle in place. At this point, we’ll remove the property from the market.
Once we’ve reserved your property, we’ll keep in regular contact and advise you of both the legal and structural progress of your new home.
When you reserve your new home, we’ll give you our best estimate of when it will be ready. This will depend on the construction stage of the house at that time.
Step 4: Customer Selection Lounge
We’ll invite you into the Customer Selection Lounge, where you can choose how to personalise your home.
The beauty of a Beal home is in the way it reflects who you are and how you live. With our Customer Selections Lounge, we give you the freedom to decide on the elements that make up your home. Whether you want to upgrade your home technology or even move walls, our designers are on-hand to make your dream home a reality.
Find out more about our selections lounge experience here.
Step 5: Finish the build
We’ll work hard to incorporate all your selections into your new home throughout the build so it’s ready for you to move into as soon as possible.
Step 6: Complete & move in
Once your home is ready, you will be invited to carry out an inspection, given a demonstration of your new home before your moving in day and our legal advisor will be given formal notice.
Finally, all that’s left for you to do is to pack your things and move into your new, customised Beal home.
Here at Beal Homes we put you, the buyer, at the centre of each step. Our customer-led processes ensure we create the perfect home that suits your lifestyle perfectly.
Want to know more about where you stand with the scheme?
We’re hosting a Help to Buy evening at The Swale from 3pm to 8pm on Thursday 7th June.
You’ll be able to quiz our independent mortgage advisor, Richard Hall - he’ll be on hand to answer your Help to Buy and mortgage questions. We’ll put on some nibbles and explain all about the scheme and see how we can help you make your dream first home purchase.