How to Avoid Buyer’s Remorse When It Comes to Your New Home

In this two-minute read, we look at avoiding regret when it comes to buying or renting a new home.

How to Avoid Buyer’s Remorse When It Comes to Your New Home
We’ve all had it – that gnawing sense of buyer’s remorse when we’ve made a purchase.
It could be the make of that new car you’ve ordered. Or the colour of that dress that looked good online, but will it have a wow factor when the delivery driver drops it off?
Or something as simple as ordering a dish in a restaurant that you suddenly wish you hadn’t as your friend’s requested meal sounds infinitely more appetising.
On a more serious (and expensive note), according to research by insurance company Aviva, over a quarter of people who bought a home during the pandemic now have some regret linked to it.
It was either the cost, location, or the property itself that created the nagging feelings of doubt.

The good news is the risk of buyer’s or renter’s remorse can be reduced by following these nine simple steps.

1)    Have a realistic budget and stick to it.
2)    Work out what you want from a home and what you actually need.
3)    Think ahead, will this home be providing what you need in five years’ time?
4)    Consider all the moving costs like removals, storage, legal fees etc.
5)    Consider any commute time, transport links, and even broadband speeds.
6)    Research the area if it’s new to you. The steps below are worth following.
7)    Consider speaking with people who already live in the area you’re looking at. If you’re brave enough, knocking on doors in the neighbourhood and asking direct questions can be priceless and very revealing.
8)    Jump on social media and ask in Facebook (other social networks are available) community groups what the area is like to live in.
9)    Speak to us. As local property experts, we’ll give you an honest opinion on areas and the types of property you’re interested in.

And remember, it’s natural to have second thoughts about something as big as moving home – so don’t beat yourself up about it. But by taking a little more time and applying some more research, you’ll be more confident and comfortable about moving.

We’ve been helping people in Wembley move home for more than 30 years and having a chat with us is something you won’t regret.

Get in touch with us

First Name*
Last Name*
Your Email Address*
Mobile Phone*
Are you looking to*
Please enter message here*
Please confirm that it is okay for us to contact you about this information as well as products and services. (You will always be given the right to unsubscribe at any point in the future)*

Register for Property Alerts

Ever missed out on the perfect property just because you heard about it too late, or the Estate Agent never told you about it as it was slightly outside of your criteria? Never miss out again by using our “Heads Up Property Alerts”.

Meet Abigail

  Hello, my name is Abigail, and I am the Grey in Grey & Co. I started working here in 2002 as a Junior Negotiator and have worked my way up the ranks since then. I took over running the company in 2014 and have been enjoying the roller coaster that is leadership ever since.   During my 20 plus years at Grey & Co I have dealt with the sale of over £100,000,000 worth of property and overseen the management of assets worth £250,000,000 for clients around the world.   I also had the pleasure of working with my father, the founder of Grey & Co, for 15 years before he sadly passed away and from him, I learnt the work hard ethic and our values today are still the ones that he founded the company on all those years ago.   Be Remarkable, Be Passionate, Be Humble and Be Better.   As a community centric boutique family agency, you couldn’t find a better partner to take with you on your property journey.

Meet All The Team