Buying a property is one of the biggest and most important decisions you will ever make. Undoubtedly, it will be your biggest ever outlay and this can often be very daunting. There are many things to consider when looking to move home, each varying in importance depending on what stage you are at in your own life. Below are our top tips when looking to buy your first home or looking at selling and buying a new home.
Get your finances in place before beginning your search
Whether you are a cash buyer, first time buyer, needing a mortgage or moving to a larger home, it is really important to make sure you have a plan in place before you begin house hunting. Go and see a mortgage advisor (we can recommend a fab one) and set yourself an achievable budget. It is really important to know how much you are able to borrow and what deposit you will need.
Look at different locations
Once you have your finances in place, more likely than not you will know what your budget is. Next step is to decide on a location. Town, village, city or hamlet - you decide. Having grown up in Louth and having all of my family and friends here, the decision was an easy one for me. However this is not always the case. Here at Compass we will always give our advice and opinions when asked about the local area. All of our staff are local and this is really beneficial especially to those who are moving here from out of the area.There are lots of questions you need to ask yourself when choosing an area. What does your budget allow? How far are you prepared to travel to work? What are the local schools like? Once you have a location in mind, set up new property alerts on our website or head to www.rightmove.co.uk. All of our new properties go live the very same day.
Do you research and ask lots of questions
If you see a property you like make sure you do your research and ask the agent selling the property lots of questions. If you are a first time buyer and are unsure of any part of the buying process the selling agent is there to assist. All of us at Compass understand how overwhelming buying and selling property is and we will always try and go the extra mile to ensure the process is as easy and simple as possible for you.
Put in an offer and choose a solicitor
Once you have made an offer on a property and it has been accepted the next important step is choosing a solicitor to complete the conveyancing. Ring around and get some quotes from different local solicitors, have a look online as more and more solicitors are based online. Find one that you are comfortable with and who is approachable. Again, as with a mortgage advisor, there are many solicitors that we work closely with on a daily basis and can high recommend.