So you want to move house and your looking for somewhere to buy, what next?
Print this page of and make sure you didnt miss anything and you won’t go to far wrong. Buying a property requires organisation. These lists will help keep you organised.
How much buying power can you afford?
We all know what we like, but what can you actually afford? The price of your new house or flat is just the beginning of the costs involved in purchasing a new property in the UK. If you need to arrange a mortgage, then you must add interest into the equation, which can be a significant sum if it takes a while to move. You will also need to remember to include some of these costs below:
|Lending source’s solicitor’s fees||£300|
|Mortgage Indemnity Guarantee||£1,400|
What boxes need to be ticked? – Location?
Do your homework on this if you don’t want to make a regretted mistake. You may have always dreamed of living in a grand flat in Mayfair, or in a renovated farmhouse in rural Devon, but now is the time to be realistic about where you can afford to live. Location is critical to your decision.Get to know the public transport routes, the roads, the amenities and the atmosphere of the place.
So what are you looking for on each viewing?
Garden or Outdoor space
Walls and Pointing
Friends & Family
Location rating overall
Age of Property
Amt. of Renovation needed
Direction property facing
How long on market?
Noisy or Quiet Area?