Home Buyer Mortgage Advice in Newcastle
Whether you are local or not, one of the main factors when moving home in Newcastle is the location you have in mind and knowing the area.
Of course, you will have to think about more than just where you want to live, but what the area currently looks like, what nearby facilities are there and what do you want to look out for when looking for your dream property.
To help you get a better understanding of the sort of street you would like to live in, we have compiled a detailed list of the different types of factors home buyers need to look out for when finding their new property in Newcastle.
10 Factors to Help You Decide Where to Live in Newcastle
1. Busy city or relaxing countryside?
Make sure to come up with an idea of the type of area you would like to make your residence in, after all you are going to be living on this property for a very long time.
If you feel more comfortable surrounded by a thriving urban scene, city life is better suited for yourself. Whereas if you prefer the quiet life, living in the countryside might be more suitable for you.
Remember, you will find pros and cons everywhere. Give yourself plenty of time to think careful before you get your heart set on a location that could be based in an area that you might not enjoy.
2. Transport Links
The nearest transport links to and from your potential new home base are important factors to pay attention to, especially if you don’t drive.
If you don’t drive but want to go out and socialise with friends or family, or make your way to work, going shopping for essentials then you will need to know the available transport links.
If you drive your own vehicle, it’s worth making a note of how long will it take for you to reach different places? How much will fuel be? Are where are the closest fuel stations?
3. Schools & Education
For home buyers who have kids, you should take a look at the nearest schools that are close by. Looking at the league tables and Ofsted report can give you a good idea of what schools are like.
If you don’t have any children now, whether you are planning for the future or have no plans at all, it may be beneficial to at least look it up, just to future proof yourself.
4. Nearby Facilities – What You Need Vs What You Want
When you are planning to live in a particular area to cater for the facilities that you are after. We recommend writing a list and separating those that you want from those that are essential.
For example, if you really want to have a gym nearby but doing so could mean that you have to live in an area without the shops you need within a reachable distance.
You probably need the shops more for your general living, so that might be something to prioritise, whilst leaving the gym as an added bonus if you can make it work.
5. Friends and Family
The difference between where you might be living and where your family and friends currently live can have an impact on where you move to. Some prefer keeping family and friends close by.
Whereas others prefer to keep to themselves with their loved ones at a distance, prioritising peace and quiet over going out and socialising with people on a regular basis.
6. Is the property good value for money?
Everyone wants good value for money. Which is why determining this for your home will depend on the area that you’re looking to live in.
Sometimes, it may be a better option for you to look for a cheaper property to start out with, though this might mean compromising various features or nearby facilities that you would have preferred to have had.
7. What is the community like?
It’s the local community that makes the area what it is. Those who prefer a quiet life tend to keep to themselves. Others may prefer a thriving busy community.
Have a word with your estate agent and find out what the area is like. Community Facebook pages or locally run websites tend to be quite common these days, so they’re worth looking up to get a rough feel for the location.
8. Career Changes
Some home buyers may be moving because of a new job or career plan. Remember to review the distance between your new home and workplace.
If you’re going to be working in a home office and only visiting the office occasionally, would you be okay with living a bit further out? What is the space like within the property? Does your property have scope for a home office?
9. Property Type
There are a lot of different property types available in the market, with these properties can vary in the area you are looking.
Some prefer end-terrace properties with a garden to enjoy, whilst others prefer a modern flat or studio apartment.
Make sure you have a good look at all the options available to you. Look at the viewings to get a good idea of the type of property you would prefer to live in.
10. Local Developments
Any information regarding future improvements in the area is handy to know, especially if you’re looking to build a life within that home and stay there for quite a while.
Online research will be the best port of call when looking to find any future investments. It’s important to consider whether these will be a benefit or a detriment to your lifestyle.
If you prefer a quiet country life, you might find their dream scenario turned into a nightmare if a big new housing development is planned within close by.
Moving Home Mortgage Advice in Newcastle
When the time comes for making offers on property and getting yourself a mortgage, get yourself booked in for a free mortgage appointment. Our friendly Mortgage Advisors in Newcastle will be more than happy to help!
We work from early until late, all throughout the working week and weekend, subject to availability.
No matter if you need some assistance with a First Time Buyer Mortgage in Newcastle or are Moving Home in Newcastle, we can’t wait to hear from you and help you Start your mortgage journey.
Date Last Edited: April 14, 2023
