According to various studies, buying a house can be one of the most stressful experiences that people go through in their lives. There’s a lot to keep in mind as you go through the different stages of a property transaction, and it all starts with the initial property hunt.
We’ve listed our five essential property search tips to help you get started and ease the process:
Start by setting a budget
You’d be surprised at how many people don’t set a realistic budget before they head out on their property search. This can waste a lot of time looking at properties that you can’t afford. Spend some time working out what you can afford, keeping the deposit, the mortgage repayments and any stamp duty in mind.
Take your time with the property search if you can
Once you’ve set your budget, it’s time to start looking. Remember, property searches can take time. If you don’t need to rush the process, don’t. Keep looking until you find the home you want in the neighbourhood you want within your budget.
Found something you live? Make a well-thought-out offer
Discovered your dream home? First of all, congratulations! Now you need to think about what kind of offer to make. Keep your budget in mind and remember not to overextend yourself. Factor in any extra costs based on what you know of the property. We’d recommend getting a list of fittings and fixtures from the seller so you can see what is included in the price.
Hire an experienced conveyancing solicitor
Conveyancing solicitors can take care of all the legal paperwork of a property transaction. They’re qualified and experienced in property law, so will make sure that you follow the proper process and there are no delays to your purchase.
Find your conveyancing lawyer before placing an offer so you can speed up the process. Set up a call or an in-person meeting before you decide who the right lawyer is for you.
Get a property survey done
Make sure the property is in good condition by getting an independent survey done. Ask your conveyancing solicitor whether they know any local surveyors. While a property survey isn’t free, it’s a worthy investment that could save you a lot of money in future repairs.
Conveyancing experts in South East England and Wales
Here at Andrew Lee Property , we can help you purchase your first home. Easing the process of new home ownership, our team are on hand to assist with residential sales so you can get settled into your property. For more information get in touch today.
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