Building Your First Home Together

 

As a newly married couple it must be indeed an exciting time for you and your better half to be building your first home together, the home where you will build up your future together and possibly one day raise a family in. There are a hundred different possibilities of what your home can be however you will need to stick by your budget to prevent beyond what you can afford and there by getting into debt before you even move in to your house.

Planning out your combined finances and your budget

Before you consider going out to meet any building companies you will need to start thinking about how much you can afford to spend on your new house. It is important to stick to a strict budget irrespective of what the building companies tell you. They may try to convince you to purchase a bigger house or better house that is significantly above your allocated budget. When looking at the house plans you are likely to see that certain houses although beautiful will be above your actual requirement at present.

While you may have a big family in the future, today it is just you and your spouse and you are unlikely to need too much. Your circumstances may change one day, you may well renovate and extend your home to suit your requirements as you are most likely to have more money in the future however today stick to building a home within your budget that will not only suit your needs but will also prevent you from getting in to debt. Before you head over to your appointment with your builder, consider drawing your own basic house plans at home. You do not need to be a professional to do this, simply outline how many bedrooms you want and what other rooms you will need.

You do not need to have studied the subject nor do you have to be a genius to be able to know what basic needs you will have for your house. Once you have shown your plans to the architect or the builder they are likely to show you any mistakes that you have made, if you have made any and you may change it accordingly and move on from there. It is important to be well prepared when you meet with them so that you do not feel tempted to commit to something that is bigger than you can afford. Consider doing your own research online before your meeting.