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The cost-effectiveness of fixing or replacing a door lock depends on the severity of the issue. Repairing a minor problem, such as loose screws or a need for lubrication, is usually cheaper than replacing the entire lock. However, replacing the lock if it is severely damaged, outdated, or lacks security features may be a better long-term investment. New locks often have improved security features, enhancing your property's safety.

Locksmiths typically recommend using a dry lubricant, such as a Teflon-based option, instead of the popular oil-based lubricants you can purchase at almost any store. Dry lubricants leave a non-stick, water-repellent coating instead of attracting more dirt and debris like an oil-based lubricant. You can find these at a hardware store; some are made explicitly for lock use.

It could be difficult to get in and out of a lock for several reasons, such as the keyhole needing additional lubrication. Particles, debris, and dirt can also get into a lock, making a key stuck (the lubrication can help with the removal). 

Yes, you should always change your locks after buying a house. Do so as soon as possible after you move in. Otherwise, you won’t know who has working keys to the property, whether they’re spare keys or otherwise. If an intruder gains access to your house with a key, it may not be covered under your homeowners insurance.