Buying your first home is an exciting milestone, but it can also feel overwhelming. From understanding the costs involved to navigating mortgages and the buying process, there’s a lot to take in. This guide breaks it all down into manageable steps, helping you move confidently toward owning your first home.

What Is a Mortgage?

A mortgage is a loan that helps you buy a property, with your home acting as collateral. If you fail to keep up with repayments, the lender can repossess your home, although this is usually a last resort.

For example, if you’re looking to purchase a house costing £180,000 and you’ve saved a £18,000 deposit, you’ll need a mortgage of £162,000 to cover the rest. Lenders such as banks, building societies, or specialised mortgage providers can offer this loan.

There are two main types of mortgages:

• Repayment Mortgages: You make monthly payments to reduce both the loan and interest, so by the end of the term, you fully own the property.
• Interest-Only Mortgages: You pay just the interest monthly and repay the full loan amount as a lump sum at the end of the term. These are less common for residential buyers.

Types of Mortgage Rates

Mortgages come with interest rates, which determine the cost of borrowing. Two common types are:

• Fixed-Rate Mortgages: The interest rate remains constant for a set period, such as 2 to 5 years. Your payments are predictable, but you won’t benefit if rates drop during this time.
• Variable or Tracker Mortgages: These rates fluctuate, often tracking the Bank of England’s base rate. Payments may decrease if rates fall but could rise if rates increase.

Choosing between these depends on your financial situation and risk tolerance. Fixed rates provide stability, while variable rates can save money when market conditions are favourable.

Loan to Value (LTV): Understanding the Ratio

The loan-to-value (LTV) ratio compares your mortgage amount to the property’s value. For instance, if you’re buying a £200,000 home with a £40,000 deposit, you’ll need a £160,000 mortgage. This means your LTV is 80%.

A lower LTV usually results in better interest rates because the lender takes on less risk. Saving for a larger deposit can help secure a more favourable deal. For example, with a 60% LTV (40% deposit), you’re likely to access the most competitive rates.

Understand the Costs of Buying a Home

Buying a home involves more than just the property’s price. Be prepared for additional expenses, including:

• Deposit: Typically, you’ll need at least 5% of the property’s price as a deposit. The more you can save, the better mortgage deal you’re likely to get.
• Stamp Duty: First-time buyers in the UK can often benefit from reduced Stamp Duty rates, but this will vary depending on the property price.
• Legal Fees: Solicitors or conveyancers charge fees for handling the legal aspects of your purchase.
• Survey Costs: A home survey ensures the property is in good condition and highlights any potential problems.
• Mortgage Arrangement Fees: Some lenders charge fees for setting up a mortgage.
• Removal Costs: Budget for moving your belongings into your new home.

Save for Your Deposit and More

The deposit is the largest upfront cost, but it’s not the only one you need to save for. Start by assessing how much you can afford to put toward your deposit, then aim to build an emergency fund to cover unexpected costs.

Consider opening a Lifetime ISA (LISA) to boost your savings. The government adds a 25% bonus on savings up to £4,000 per year, which can be used for a first home.

Check Your Credit Score

Your credit score plays a significant role in securing a mortgage. Lenders use it to decide if you’re a reliable borrower. Improve your score by:

• Paying off outstanding debts.
• Ensuring you’re on the electoral roll.
• Avoiding late payments on bills.

Check your credit report for errors and fix any inaccuracies before applying for a mortgage.

Explore Mortgage Options

Mortgages can feel complex, but understanding your options makes the process easier. Speak to a mortgage broker who can help you find the best deal for your situation. Key mortgage types include:

• Fixed-Rate Mortgages: Your interest rate stays the same for a set period, providing stability.
• Variable-Rate Mortgages: Interest rates can change, meaning your payments might go up or down.
• Help to Buy Equity Loan: Available for new builds, this government scheme helps first-time buyers with their deposit.

Use online calculators to estimate how much you could borrow and what your monthly repayments might look like.

Get a Mortgage Agreement in Principle (AIP)

An Agreement in Principle (AIP) is a statement from a lender confirming how much they might be willing to lend you. While not a guarantee, it shows sellers you’re serious and ready to buy.

Understand the Property Market

Research is key when choosing your first home. Start by:

• Deciding where you want to live. Look at local amenities, transport links, schools, and crime rates.
• Exploring online property portals like Rightmove or Zoopla.
• Attending viewings to get a feel for what’s available within your budget.

Be realistic about what you can afford and prioritise your needs versus wants.

Make an Offer and Arrange a Survey

Once you’ve found the perfect property, make an offer through the estate agent. Negotiation is common, so don’t be afraid to offer below the asking price.

After your offer is accepted, arrange a survey. There are different types of surveys:

• Condition Report: The most basic survey, suitable for newer homes.
• Homebuyer Report: More detailed, highlighting any potential issues.
• Building Survey: Comprehensive and recommended for older properties.

Work with a Solicitor or Conveyancer

Your solicitor or conveyancer handles the legal process of transferring ownership. They’ll:

• Perform property searches to check for potential issues.
• Draft and review contracts.
• Arrange for Stamp Duty payments.

Make sure to choose a qualified professional with good reviews.

Exchange Contracts and Complete the Purchase

Once the legal work is complete, you’ll exchange contracts with the seller. At this point, the sale is legally binding. You’ll pay your deposit, and your solicitor will set a completion date. On completion day, the remaining funds are transferred, and you’ll receive the keys to your new home.

Prepare for Moving Day

Moving day is an exciting but busy time. Plan ahead to make it smoother:

• Hire a removal company or rent a van.
• Start packing early, labelling boxes by room.
• Inform utilities and services of your change of address.

Get Expert Help from Paveys Estate Agents

Buying your first home is an exciting journey, but it’s always helpful to have experienced professionals by your side. At Paveys Estate Agents, we’re here to guide you every step of the way, from finding the perfect property to navigating the buying process with ease.

Our team understands the challenges first-time buyers face and offers personalised advice tailored to your needs. Whether you have questions about mortgages, deposits, or the local property market, we’re here to help.

Ready to take the first step toward your dream home? Contact us today for expert advice, property viewings, and dedicated support. Let’s make your home-buying experience simple, smooth, and successful.

Common Questions First-Time Buyers Ask

How much deposit do I need?
Most lenders require a minimum deposit of 5% of the property price. Larger deposits often mean better mortgage rates.

 Can I get help as a first-time buyer?
Yes, schemes like the Help to Buy Equity Loan and Lifetime ISA are designed to support first-time buyers.

 How do I choose the right mortgage?
Speak to a mortgage broker who can compare deals and recommend the best option for your needs.

 What is Stamp Duty?
Stamp Duty is a tax on property purchases. First-time buyers may qualify for reduced rates, or no tax at all, on properties up to £425,000.

What if something goes wrong with my purchase?
Until contracts are exchanged, either party can back out. Ensure your finances and mortgage agreement are ready to minimise risks.

Purchasing a home is one of the most significant decisions you’ll make in your lifetime. The location of your home is just as crucial as the property itself. Whether you’re looking for a bustling town, a serene seaside retreat, or a family-friendly neighbourhood, understanding how to choose the perfect location can make all the difference.

Before you start looking at specific locations, first think about your personal needs and preferences. Consider your lifestyle and the amenities you deem necessary. Are you looking for an active community with plenty of shops and restaurants? Or perhaps a quieter, more rural setting with lots of green space?

If you commute for work, it’s crucial to have easy access. Being close to major roads can make your daily drive quicker and less stressful, while nearby public transport options like buses or trains provide convenient options compared to driving. Considering these factors will save you time and money, whilst most importantly reducing the hassle of commuting.

Living near essential services is also important. If you have children, being close to good schools means shorter journeys and peace of mind about their education. Proximity to hospitals and healthcare facilities is vital for everyone, ensuring quick access to medical care when needed. Other services, such as supermarkets, banks, and post offices, add to the convenience of your location, making daily errands easier to manage.

The Tendring District in Essex boasts a diverse range of towns and villages, each radiating its unique charm and character. If you’re drawn to the seaside charm of Frinton-on-Sea, where stunning beaches and tranquil streets define the atmosphere, you might find flats for sale in Frinton-on-Sea appealing for a low-maintenance lifestyle or perhaps bungalows for sale in Frinton-on-Sea perfect for those looking to downsize whilst still utilising the unique blend of coastal living and countryside charm.
For a more intimate feel consider villages like Kirby Cross, where community spirit and peaceful surroundings prevail. Properties for sale in Kirby Cross, including detached houses and bungalows, offer a quieter lifestyle option within reach of essential services and schools.
Meanwhile, Clacton-on-Sea presents a vibrant seaside surrounding, bustling with entertainment options and a lively community. From modern flats to family homes there is something for those looking to immerse themselves in a dynamic coastal town.
Considering properties for sale in Tendring ensures you explore the diverse range of housing options available, from properties for sale in Frinton-on-Sea to homes for sale in Holland-on-Sea.

By exploring these varied locales within the Tendring District, you can find a place that perfectly matches your lifestyle needs and aspirations.

Take the time to explore different towns and villages thoroughly, both online and in person. Make sure to visit at various times of the day to truly experience the atmosphere of each area. In addition to checking how close shops, restaurants, and other amenities are, it’s important to investigate their opening hours and the services they provide. Understanding these details ensures you have a clear picture of the convenience and options available to you within your chosen neighbourhood. By doing so, you can gain a complete understanding of the community dynamics, local amenities, and overall livability of the neighbourhoods you are considering for your future home.

When choosing where to buy a house, it’s important to think about future growth. This affects not just how you’ll live now but also the long-term value and potential for investment in your property. Areas that are growing often see improvements in things like roads and buildings. This decision can help you plan for a better future and make sure your home stays valuable over time.

It can also be useful to consider opting for a location with expansion potential ensuring that your home can grow with you over time. It provides flexibility to adjust to evolving lifestyle requirements, such as the need for extra bedrooms, home offices, or recreational areas. Moreover, expanding your property can enhance its market value and appeal, offering potential returns on investment if you decide to sell in the future.

Choosing the perfect location for your new home is both a challenge and a rewarding experience. At Paveys Estate Agents, we understand this journey well. By taking the time to understand your unique needs and preferences, conducting thorough research into various neighbourhoods, and leveraging our local expertise, we can help you uncover a location that not only aligns with your lifestyle but also promises strong investment potential for the future. Whether you’re looking for a property in Frinton-on-Sea, Clacton, Kirby Cross, or anywhere else in the Tendring District, get in touch. Our team is here to guide you through the process and ensure you find your dream home among the diverse options available.

Frequently Asked Questions

1. What should I look for when choosing a location for my home?

Consider factors such as your lifestyle preferences, the amenities you need, commute times, the quality of local schools, and future growth potential.

2. How can I assess the safety of a neighbourhood?

Research crime statistics online, speak with local residents, and visit the area at different times of the day to get a sense of safety.

3. Is it better to buy a newer property or an older property?

Both have their pros and cons. Newer properties often come with modern amenities and require less immediate maintenance, while older properties may offer more character and potentially larger plots.

4. How do I learn about future developments in an area?

Check local council websites for planning applications and development plans. Estate agents can also provide information on upcoming projects.

If you’ve ever dreamt of living where the countryside, coast, and city meet, Tendring might just be the hidden gem you’ve been searching for. At Paveys Estate Agents, we’ve been lucky enough to call this diverse region our home and office. We’ve strolled down its bustling urban streets, taken in the serenity of its coastal sunsets, and wandered through its rolling green landscapes. And let us tell you – every corner has its own little tale. Whether you’re looking to plant roots or just curious about what makes this area tick, discover Tendring’s top locations.

Frinton-On-Sea: The Seaside Sanctuary

A Coastal Paradise

Nestled on the edge of the North Sea, Frinton is a beacon for those seeking a peaceful seaside escape. Its immaculate sands, framed by timeless Victorian elegance, make it a favourite among families and couples alike. 

Historical Allure

The Frinton Gates, an iconic symbol, are a testament to the town’s rich heritage. Beyond the seafront, Frinton is steeped in history, evident in its architecture and local museums.

Why Choose Paveys in Frinton?

Paveys Estate Agents, located right in Frinton-On-Sea, provides unrivalled local knowledge. Our deep connection to Frinton ensures our clients find their dream homes with ease.

Manningtree: The Smallest Town with the Biggest Heart

Brimming with Urban Delights

Despite its reputation as the smallest town in England, Manningtree is bustling with energy. Its vibrant market scene and delightful cafes serve as the lifeblood of the community.

Historical Meets Contemporary

Manningtree seamlessly blends its rich history with modern amenities, ensuring visitors and residents get the best of both worlds.

The Riverside Charm

The River Stour adds a unique waterside charm to the town, providing serene views and an array of watersports activities.

Kirby-Le-Soken: The Countryside Dream

A Rural Escape

Those seeking peace and quiet will find it in Kirby-Le-Soken. With its vast green expanses and quaint village vibes, it’s an idyllic country retreat.

Heritage Sites Galore

History lovers can revel in local landmarks, including St Michael’s Church, a testament to Kirby’s medieval past.

The Community Spirit

The annual village fete showcases Kirby’s community spirit, where locals and visitors come together in celebration.

Walton on the Naze: Nature’s Canvas

Nature Reserves and Wildlife

Beyond the sandy shores, Walton’s Naze Tower and the Hamford Water National Nature Reserve are havens for nature enthusiasts.

Fossil Hunting Adventures

The Naze cliffs are famed for their fossil-rich layers. It’s not uncommon for visitors to leave with a prehistoric souvenir!

Family Fun on the Pier

The Walton Pier, teeming with amusement rides and arcade games, guarantees a fun day out for the entire family.

Clacton on Sea: The Entertainment Capital

All About Amusement

Clacton Pier, the heart of the town, is brimming with attractions, from thrilling rides to an expansive arcade.

A Hub for Events

Throughout the year, Clacton hosts numerous events, from the renowned Clacton Airshow to vibrant music festivals.

Seaside and Shopping

Aside from its magnificent beach, Clacton offers an array of shopping experiences, ensuring that retail therapy is never too far away.

Holland-On-Sea: The Quiet Coastal Gem

The Beaches Beckon

With no crowds, Holland-on-Sea offers pristine beaches, perfect for sunbathing and picnics.

Natural Beauty Spots

The Cliff Top Gardens provide panoramic views, while the nearby wildlife habitats are a treat for birdwatchers.

A Community Vibe

This quiet town has a strong community ethos, evident in its well-maintained parks and local events.

Conclusion

Tendring’s charm is rooted in its diverse landscapes and rich heritage. From the vibrant streets of Clacton on Sea to the tranquil shores of Holland-On-Sea, there’s a corner in Tendring to resonate with every soul. Whether you’re seeking historical depth, nature’s embrace, or the thrill of urban life, Tendring invariably delivers an unmatched experience. At Paveys Estate Agents, our deep-rooted knowledge of the region ensures that you discover the very essence of what Tendring offers. Give us a call today, and we will assist you in locating your desired property in Tendring.

FAQs

Why should I consider Tendring for my next home?

Tendring provides a unique blend of urban vibrancy, countryside serenity, and coastal beauty. The district caters to diverse preferences, ensuring that every resident finds their perfect match.

How can Paveys Estate Agents assist in my property hunt?

With deep-rooted expertise and firsthand knowledge of Tendring, Paveys Estate Agents is the go-to agency for personalised property solutions.

Are there good schools in the Tendring district?

Absolutely! Tendring boasts an array of reputable schools, ensuring quality education for its residents.

What recreational activities can I enjoy in Tendring?

From water sports in Clacton to historical tours in Manningtree, Tendring offers a plethora of recreational activities catering to varied interests.

Which location is best for quiet, peaceful living?

While each location in Tendring has its unique charm, Holland-On-Sea is particularly favoured by those seeking a quieter coastal lifestyle.

Is Tendring well-connected to major cities?

Yes, Tendring benefits from strong transport links, ensuring easy connectivity to larger cities, including London.

Understanding the Concept of First Time Home Buyers

For those who’ve been renting for years or maybe even still living with family, taking the leap into the property market can be a thrilling, if somewhat daunting, prospect. If you’re embarking on this journey, congratulations, you’re a first-time buyer! A first-time buyer is someone who is venturing into the world of property ownership for the very first time. It’s a significant life event and often the largest financial commitment you’ll ever make. As such, it’s natural to feel a mix of exhilaration, anticipation, and nerves. That’s why we’re here to guide you every step of the way.

The Eternal Debate: Buying Vs Renting

Many people find themselves caught in the age-old dilemma of buying versus renting. On the one hand, renting can seem like a more flexible, hassle-free option with fewer upfront costs. On the other hand, buying a property is an investment in your future, providing you with a sense of security and the potential for financial growth. 

When you purchase a property, you build equity with each mortgage payment. This is akin to a savings account that grows over time and can be accessed in the future. Buying also provides a degree of stability that renting can’t always offer. You won’t have to worry about landlords hiking up the rent or deciding to sell the property from under you. Additionally, properties tend to appreciate over time, so your home could well be a valuable asset further down the line.

Common Hurdles Faced By First-Time Buyers

Whilst becoming a homeowner is an exciting prospect, it’s not without its challenges. One of the first hurdles you may face as a first-time buyer is saving for a deposit. This can take several years and requires a disciplined approach to budgeting and saving. Another challenge is getting a mortgage. The application process can be complex and daunting, especially if you’re unfamiliar with the jargon. You may also find it difficult to find the right property within your budget, particularly in competitive housing markets.

 On top of all this, the legal process of buying a house, known as conveyancing, can be complicated and confusing. However, don’t let these challenges put you off. With the right advice and guidance, you can successfully navigate these hurdles and secure your first home.

Decoding The Property Market

Keeping Up with Market Trends and Predictions

A key part of becoming a homeowner is understanding the property market. This can be a complex task as property prices, interest rates, and housing supply can fluctuate dramatically over time, affecting both the affordability and availability of properties. Staying informed about current trends and future predictions can help you to make informed decisions when buying your first home. It can also help you to gauge the best time to buy and identify potential investment opportunities.

The Paramount Role of Location in Property Acquisition

You’ve probably heard the saying “location, location, location” – and for good reason. The location of your home doesn’t just determine your commute time or your access to amenities; it also plays a significant role in the value of your property. Factors such as proximity to good schools, transportation links, and local amenities, as well as crime rates and future development plans, can greatly influence a property’s appeal and price. Therefore, thorough research into potential locations is essential before making a decision.

Deciphering Real Estate Jargon: A Mini-Glossary

The world of property buying comes with its own unique lexicon. Terms like ‘conveyancing’, ‘leasehold’, ‘freehold”, ‘chain-free’, ‘under offer’, and ‘exchange of contracts’ can sound like a foreign language to first-time buyers. However, understanding this lingo is essential as it forms a crucial part of the buying process. Each term signifies an important step in the journey towards homeownership, and having a solid understanding of these terms can help you navigate the process more confidently.

The Financial Side of Buying a House

Mortgages Demystified

For many first-time buyers, getting a mortgage is a necessary step on the path to homeownership. A mortgage is essentially a loan secured against the value of a property. It’s typically repaid in monthly instalments over a long period, usually 25 years or more. However, the world of mortgages can be complicated and intimidating. There are numerous types of mortgages, all with different interest rates and conditions. It’s important to understand these variations and choose a mortgage that best suits your financial circumstances.

The Significant Impact of Credit Scores on Mortgage Approval

When you apply for a mortgage, lenders will assess your financial situation to determine your ability to make repayments. A key part of this assessment is your credit score, a numerical measure of your financial trustworthiness. Lenders use credit scores to decide whether to offer you a mortgage and at what interest rate. A good credit score can increase your chances of being approved for a mortgage and help you secure a lower interest rate, potentially saving you thousands over the life of the loan.

Getting a Handle on Down Payments and Closing Costs

The financial aspects of buying a home aren’t just about securing a mortgage. There are also substantial upfront costs to consider. One of the biggest of these is the down payment – a lump sum that you pay upfront towards the cost of the property. This is typically a percentage of the property’s price and can significantly influence the size of your mortgage and monthly repayments. Other costs include stamp duty, conveyancing fees, and survey costs. All these can add up and should be considered when budgeting for your first home.

Embarking on the Property Search

Determining What You Need in a Home

Before you start house-hunting, it’s important to determine what you’re looking for in a home. This includes not only your current needs but also your future ones. Consider factors such as size (how many bedrooms/bathrooms do you need?), location (proximity to work, schools, amenities), property type (flat, detached, semi-detached), and future plans (are you planning on starting a family?). Knowing what you want can help focus your search and prevent you from being swayed by non-essential features.

The Indispensable Role of Real Estate Agents

Real estate agents play a crucial role in the property-buying process. They have in-depth knowledge of the property market and can provide valuable advice and guidance. An agent can help you find properties that meet your criteria, arrange viewings, negotiate with sellers, and guide you through the buying process. While they charge a fee for their services, the expertise and assistance they provide can be invaluable, particularly for first-time buyers navigating the property market for the first time.

Property Viewings: Critical Aspects to Consider

Viewing properties is one of the most exciting parts of the house-buying process. But it’s not just about getting a feel for the place – it’s also your opportunity to check the property’s condition and identify any potential issues. During viewings, pay close attention to things like the age and condition of the fixtures and fittings, signs of damp or structural issues, the condition of the windows and doors, the amount of storage space, and the orientation of the property (which way does the garden face?). Remember to take a list of questions to ask the seller or estate agent.

From Making an Offer to Sealing the Deal

How to Make an Offer: Procedural and Tactical Insights

Once you’ve found a property you like, the next step is to make an offer. This involves communicating through the estate agent to propose a price to the seller. When deciding how much to offer, consider the asking price, the current property market, the property’s condition, and how much you can afford. Bear in mind that the asking price is often set higher than what the seller expects to receive, so it’s usually worth negotiating.

 The Importance of Property Surveys and Valuations

Before finalising the purchase, it’s recommended to have a property survey conducted. This is an inspection of the property that can identify potential problems such as structural issues or dampness. Depending on the findings, you may wish to renegotiate the price or request repairs. Alongside this, your lender will require a property valuation to ensure the property is worth the amount they’re lending.

Navigating the Legal Landscape of Property Purchase

The process of buying a property involves various legal procedures, collectively known as conveyancing. This includes checking the property’s title to ensure the seller has the right to sell, conducting local searches to identify any issues that might affect the property, arranging the payment of stamp duty, and drafting the contract for the sale. While it’s technically possible to do this yourself, it’s usually best to hire a conveyancer or solicitor to handle this for you.

After the Purchase: Moving In and Beyond

The Excitement of Moving In and Setting Up

Once all the paperwork is done and you’ve got the keys in your hand, it’s time to move in! This is an exciting moment when the property becomes truly yours. Now you can start making it feel like home. Decorating, arranging furniture, and getting to know your new neighbourhood – these are all part of the joy of becoming a homeowner. Remember to take it slow, you don’t have to do everything at once.

The Crucial Aspect of Property Insurance

As a homeowner, protecting your property is crucial. This is where home insurance comes in. Buildings insurance covers the cost of repairing or rebuilding your home if it’s damaged by things like fire, flood, or subsidence. Contents insurance, on the other hand, covers the cost of replacing your belongings if they’re stolen or damaged. Having both types of insurance can provide peace of mind and financial protection.

Maintaining and Enhancing Your Property Value

Once you’re a homeowner, maintaining and potentially increasing your property’s value should become a long-term goal. Regular maintenance, timely repairs, and periodic updates can help protect and grow your investment. Whether it’s fresh paint, a revamped kitchen, or a loft conversion, improvements to your home can not only enhance your living environment but also potentially boost your property’s value.

Frequently Asked Questions

Why is a credit score important for first-time buyers?

Your credit score affects your ability to secure a mortgage and the interest rates you’re offered. A good credit score shows lenders you’re a reliable borrower, which can help you get approved for a mortgage with favourable terms.

What is the role of a real estate agent in the buying process?

A real estate agent can guide you through the property market, help you find suitable properties, negotiate with sellers, and navigate the buying process, making the journey smoother and less stressful.

What does conveyancing involve?

Conveyancing is the legal process of transferring property ownership. It includes checking the property’s title, conducting local searches, managing the land registry, and handling contracts and funds to ensure a legally sound property transfer.

How much should I save for a down payment?

Aim to save between 5% and 20% of the property cost for a down payment. The exact amount depends on your mortgage type, financial situation, and property prices in your desired location.

How can I maintain or enhance my property’s value?

Regular maintenance, timely repairs, and tasteful upgrades can all help maintain and boost your property’s value. Tailoring improvements to the market can also increase your property’s appeal to potential future buyers.

Conclusion

Stepping onto the property ladder as a first-time buyer is a significant milestone, but it’s not without its complexities. From understanding mortgages and the importance of a good credit score to navigating the property market and maintaining your new home, there’s a lot to learn and consider.

By taking the time to familiarise yourself with the process and seeking the right guidance, you can navigate this journey with confidence. And remember, buying your first home isn’t just a financial decision – it’s a step towards building your future and creating a space that’s truly your own.