How to make the house buying process easier
Buying a house is an extremely daunting thing to do. For most people, a house is the largest asset they will ever own, therefore an appropriate amount of consideration should be done before any purchase.
Here are our top 10 tips for buying a house:
- Research your location properly. Piece together how far away work will be, where the nearest shops are, how far from family you are willing to live etc. This can also give you a fairly good idea of where you think house prices will rise in the future, giving you the upper hand in the long run.
- Get your finances together. This sounds super obvious, but you would be surprised at how many people tie themselves down with unrealistic mortgages. Go to a lender you trust, and find out how much they are willing to offer. If you are a first-time buyer, don’t forget about government schemes.
- Set up a property alert on property portals, they feature property from across the UK and have handy accessible features so that you can break down the assets of a property easily.
- Look for properties that you can add value to. Sure, nobody wants to buy a half-finished project. But, if you buy a property that you could invest in, and reap heavy rewards from, you're onto a winner.
- Ensure that your property has good transport links, even if you have other modes of travel. If you are going to sell this property in the future this is a key component that a lot of buyers look for.
- Visit the property! We suggest visiting the property several times to fully make up your mind. Preferably at different times in the day. An evening viewing can feel very different from a morning viewing.
- Make use of local agents. They know the area extremely well and will know the better deals. Using an agent also allows you a third party that will help you rationalise the purchase, allowing you time to think.
- Boost your credit score. Small issues with your credit score can often affect getting a mortgage. There are lots of guides online to help you boost your score and ensure you can get that dream house.
- Check out the neighbourhood. No matter how nice the house is, take a walk around the local area at different points of the day. Are the pubs nice? Are the parks maintained? How posh are the cars on people's drives? Knock on the neighbours door and have a chat. It all makes a difference if you finally move in and realise the area is not for you.
- Look for deal-breakers. When viewing a property, flick the light switches, open the doors and windows, check for damp, turn the taps on and make sure they work. You don’t want to move into a place and find a simple amenity that isn't functional.
Follow these basic steps, and maybe you can find a place to truly call home.
If you are looking for a new home, you can view our current listing here.