Many more people are opting for a staycation than ever – realising there is a lot more on our doorstep than we first thought. With the unforgettable surroundings across North Wales not to mention the vast array of activities to experience there really is no reason not to.
Buying your very own holiday home is a big step and there are a few key questions you will need to consider before jumping in head first.
What is your budget?
If you are buying your holiday home with cash then the answer to these questions can be quite simple, however, for those who don’t have that luxury a finance plan can be a little more tricky.
Potential finance deals can be found online, through a holiday park or at a show and it’s best to look at a few to compare them.
When working out what your budget is for a finance package, work out how much per month you can afford. Then look at what sort of period you want this for, say 3 to 5 years but remember to factor in interest too. You may be lucky and score a 0% finance deal but in the event that you don’t make sure to include this to see how much you can spend or afford.
When to buy
When you buy your holiday home will have a significant effect on its price. More attractive offers can probably be found at the end of the summer season or you may find more homes on the market in the new year, giving you more options to choose from.
New or used?
This is entirely up to you but of course it will be reflected in the price that you pay. We advise you to take a look at both options before deciding.
Make sure when you are buying a holiday home to have in mind how many people would stay there at any one time. Buying a holiday home too big, or too small can cause problems in the long term.
- Here are some things that you may want to think about:
- How many beds do you need?
- Is the kitchen big enough?
- Is the fridge big enough?
- Is there enough cooking space?
- Is there enough storage?
- Is the bathroom big enough?
- Shower or bath?
- Is the living area big enough?
Buying a holiday home too big will of course cost more and the last thing you want is to buy one too small so that everyone is living on top of eachother.
If you are looking to buy a holiday home and need some help and advice contact us and we will be happy to help.