Buying guide

Thinking about your goals

Plan ahead and decide whether buying a home supports your lifestyle, finances, and long-term future goals.

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Before buying a home, carefully consider your long-term goals and finances. Think about where you see yourself in 5-10 years regarding work, family, and location to decide if now is the right time.

Weigh the pros and cons of renting vs. buying. Renting offers flexibility and lower upfront costs, while owning a home is a long-term investment that provides stability. Home ownership requires a significant deposit and includes ongoing maintenance costs, so ensure you budget accordingly.

The costs of owning a home

The following illustrates that there are more costs to buying a home than just the purchase price.

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