10
You are here: Home » Investment » Five Things to Renovate When You Buy Your First Home
Five Things to Renovate When You Buy Your First Home

Five Things to Renovate When You Buy Your First Home

Now that the government has brought in the Help to Buy scheme to assist people who want to get their feet on the property ladder, there’s a good chance that you’ll be interested in applying. It is hard to save up for a deposit, which is why these five percent schemes can be really helpful for people like you and I. Of course, they’ve run similar schemes in the past but these were simply just for new builds, whereas any (mortgage possible) property is now included. Residential property investments is always a wise decision instead of paying rents as in this you can have your own property but in rented property you just have to pay and did not get anything
That means we’ll be buying the type of houses that haven’t seen a change of wallpaper since the 1970s; they’re a bit of a challenge but it does sometimes result in added value to the property when we do make the updates. So what kind of things will need to be changed?
property investments

General decoration

It’s unusual to find a property that is exactly to your tastes, even more so when you’re buying an older one. You can expect to strip off old wallpaper (sometimes even layers of the stuff), remove dodgy heaths, and even knock down walls. Luckily for me, my dad said he’d buy wallpaper from Dulux Decorator Centres and help me to put it up properly which means I can look forward to pretty walls.

Your bathroom suite

Out of all the properties I’ve looked at so far, only one has had a white bathroom suite. That means you can expect to have to rip out what’s there already and replace it with something modern and clean. Of course, you might like retro avocado or turquoise, which would save you a bit of cash…

The kitchen

There are some pretty interesting looking kitchens out there too. However, it may be workable for a short amount of time, and simply be something you update when you have enough cash to do so. My dream kitchen is all about a useable space, no matter how big or small it actually is. Think about the process of cooking a meal when you plan your new kitchen.

Windows and doors

When you start making payments towards your mortgage, you won’t want to be wasting cash elsewhere. That’s why it can be important to check how efficient the windows and doors are on your new property; you won’t want heat to escape and cold air to come inside. It might be the case that you want to install double glazing windows if they aren’t already in place; get a quote from a few well-respected companies.

Heating systems

Finally, don’t forget about the heating system. Does the boiler need replacing? Do the radiators work? Get a gas certified engineer to come and do some checks and let them know if anything needs to be changed. It can be an expensive job to resolve, but think of it as a long-term investment into your own home. It’ll be worth it when you’re warm and cosy during the colder months of the year.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

shared on wplocker.com