Your home is often the largest personal investment you’ll ever make, so there’s a considerable amount at stake when you decide to purchase your first property. Luckily, there are just a few important tips and tricks that you can make the most of to ensure your purchase can go as smoothly as possible, and it couldn’t be easier to get started today. So, if you would like to find out more, then simply read on!
Find A Trustworthy Estate Agent
One of the most important steps that you must take when attempting to source a property is to find a trustworthy estate agent. Estate agents are the first to know when a new property comes up for sale, so getting friendly with a reputable agent can give you first priority access to all of the latest homes. In many areas homes can sell in as little as a couple of weeks, so being the first to view a property can put you in good stead to secure a deal. Estate agents can also assist you with saving money, as they can barter on your behalf to get a better price for your dream property!
Always Book More Than One Viewing
A cardinal rule of house buying is the simple fact that you must never invest in a property without viewing it beforehand, but in reality one viewing just isn’t enough to assess a home in its entirety. You must book more than one viewing to ensure that you can properly evaluate each and every room in the house, otherwise you may miss something extremely important such as a large crack, damp or worse. If possible, take a builder or property-knowledgeable friend along with you, as they can alert you to any potential issues that you may not notice without past experience.
Sort Your Finances Beforehand
Agreeing to purchase a property without having your finances in line beforehand can cause considerable economic difficulty, as failing to secure a mortgage after signing a contract may not stop the vendor from pursuing the transfer of funds. If you don’t have the cash ready to invest in a house, you’ll need to arrange a mortgage through your bank or another similar financial institution. You may be able to arrange a specific mortgage that comes with added benefits, such as an NHS mortgage for those who work in the health sector, so be sure to do your research or you may be missing out on a real saving. Buying a home that has a short lease can affect your ability to obtain a mortgage, so bear this in mind when seeking out your first property.
Investing in your first property can be a smooth, risk free experience when you can take the time to make the most of the brilliant tips and tricks that have been carefully detailed above. Begin by finding a trustworthy estate agent, and always book more than one viewing when you’re interested in a property. Be sure to sort your finances beforehand, and you’re good to go!