A single-income purchase needs room for ongoing expenses and unexpected changes.
Set a conservative ceiling
Include duty where applicable, reports, legal fees and moving costs. Maintain an emergency reserve and test how repayments would fit if income falls or rates rise. Pre-approval remains conditional.
Choose for practical use
Assess space, pets, access, safety and travel from the actual address rather than using labels about a shady area. Verify hazards, planning and condition through appropriate records and inspections. The selling agent represents the vendor, so use independent legal and credit advice before an unconditional commitment.
