Buying a property can be both exciting and intimidating, especially if you are a first-time buyer. There is lot to think about and consider, but by being organised and asking some key questions you can ensure you make the right choice and avoid any issues later.
This blog covers some areas to look out for…
1. Arrange your finances before viewing so that you know you are looking at homes that do not over stretch your finances. When you find the right property, the seller will take your offer far more seriously when they know you have your finances are already in place.
2. Check out the area before viewing by driving around at various times of day, look at the floorplans and check how long it has been on the market for. Whilst homes can take a few months to sell, if the property has been on the market for a very long time, it may be worth digging a little deeper.
3. We know it can feel uncomfortable to be looking round someone else’s home, especially if the owner is home, but make sure you take your time at viewings to get a good feel for the place and if you are unsure about anything, ask the estate agent.
4. It’s always a good idea to check if the property as been extended or altered in anyway. Regardless, we recommend a professional survey is carried out before signing on the dotted line.
5. When you find your dream home it’s easy to get caught up in excitement and forget about finer details that may affect your budget and move. Such as; is the vendor taking any large items with them that you may need to replace, what is the council tax band, what are the average utility costs in the area, bear in mind travel costs to work if you work at distance and find out what schools are in the catchment area if you have children.
6. Are there any issues with neighbours. The seller must give a true account of any disputes such as disagreements over boundary etc. It might not change your decision to purchase the property, but it is best to know these things. Asking the current owner why they are selling can be one of best ways to find out if there are any issues with the property or neighbourhood. Forewarned is forearmed.
7. Whilst you cannot agree formal completion dates at the beginning of the transaction, it is best to check what time scales the vendor has in mind and how they fit with your plans to avoid issues later.
8. Buying a property is a huge investment so we recommend appointing a good solicitor to help you through the process. Someone that comes recommended is always a good option, whether it’s via a friend, family member or an Estate Agent. The agent is also going to want to ensure the transaction goes smoothly for the vendor, you and them, so a reputable agent is sure to recommend a good solicitor who is worth their weight in gold.
If you are ready to begin your search, we have some great properties available that you can browse here.
If you are struggling to find a property, you can register for our Matchmaker service here by creating your own search or selling profile and be the first to know about properties that might be coming up for sale. This service helps match buyers with people looking to sell that might not even be on the market yet but they are considering a move.
Our friendly sales team are here to help you and can be reached on 01243 861344.