The buying process can be almost as daunting as selling, but we've got your back.
- Go and see an independent financial advisor to see how much you can borrow before you do anything else!
- Research various property web sites, Rightmove, Zoopla & Findaproperty, to see what size property you can get for your money and in what areas.
- Make up a tick box of needs & wants in order of importance, for example, the amount of bedrooms, style of property – semi, terrace, flat or detached – do you want a garden, a garage or parking? How many WC’s do you want in the property, how many reception rooms? And most important - location, location, location? There are many things to consider.
- Register on the Rightmove & Zoopla mailing lists – they will alert you to any properties that come on the market that fit in with your criteria from ALL agents, not just one or two. This saves you having to register on lots of agents mailing lists and getting sent stuff you don't want!
- Go and actually view some properties – even if you’re not quite sure about it from the outside, or the description – it’s always worth a look inside.
- If you can’t find anything, don’t despair, you are not the only one. Most buyers don’t find exactly what they are looking for, and it may require some adjustments on your tick box - maybe the bottom few requirements are not as important as you thought. Or perhaps you might just have to be a bit more patient.
- If you see something you like, but you think the price is a little too high, make an offer! Most owners are willing to negotiate on their asking price, regardless of the market.
- When you make an offer, make sure the estate agent knows your own situation – Are you a first time buyer or in a chain, what are the chain details, what percentage of deposit do you have to put down and how quickly you are likely to be able to exchange contracts? All of this information will be relayed to the vendor and will be a big help in the decision making process. It may just swing it for you.
- When you have an offer accepted, make sure the survey (if you are getting one) is done as soon as possible – it shows the vendor and the estate agent that you have spent some money and you are committed to the purchase.
- Try not to let the whole process stress you out. Speak to people that have done it before, speak to the agent you are buying through, speak to your solicitor and speak to your mortgage advisor – all of these people are there to help. Sales can take weeks to go through - it probably won't be anyone's fault, it's just the system we run in this country.
- And a bonus tip – when you come to sell the property you have purchased in a few years, make sure you sell through hatched.co.uk to benefit from low sales fees and excellent service.
For more tips on a buying a home visit Which.co.uk.