Buying a property is an exciting prospect and one that most of us dream about. It is however probably one of the biggest investments you are likely to make in your lifetime, so it is good to know where to start. Look at the below for some of our insight and guidance on how to begin.
BUDGET & PREPARATION
You have saved your deposit or have enough equity in your current home to make your moving dream a reality. Make sure your budget includes costs for factors such as solicitors and legal fees, mortgage fees, estate agent costs, surveys, removals, and stamp duty.
Being prepared is the best way to make sure there are no nasty surprises and puts you in a strong position to secure the property you want by not delaying things in a quick-moving market.
KNOWLEDGE IS POWER
Whether you already live in the area or are looking to relocate, knowing where you want to be is key when focusing on your search. Once you have an idea of what your main search criteria is it is time to start hunting for your perfect home.
By registering your details with us one of our local experts will listen to the criteria you are looking for and see if we have any suitable properties for you to take a look at. Some of our properties sell before they even come to market so registering with us is a great way to make sure you are top of the list when a new property becomes available.
If you are looking for an investment Bournemouth and the surrounding areas have an abundance of people looking to rent. Some of the largest companies such as JP Morgan, Nationwide and LV have their offices here. Ask our lettings experts any queries you have, we are happy to give advice to make sure you get your investment right.
MAKING AN OFFER
You have found the perfect property, now is the time to make an offer. Remember it is rare that your first offer will be accepted and negotiation is all part of the buying process, so by preparing your budget and knowing what you can afford you can make an offer which you know is realistic for you and will hopefully secure you the home you want. Once your offer has been accepted this is where your preparation comes in handy, make your solicitor and mortgage broker/lender aware and the estate agent will send out a memorandum of sale confirming the terms agreed.
The sales process takes time, and we are here for you every step of the way to make sure that things go as smoothly as possible. The next few weeks will be crucial and a time when surveys and mortgage valuations will take place, as well as local searches and the legal process. Remember, there is no binding legal obligation for a homeowner to sell the property to the prospective buyer until contracts are exchanged, so making sure you're on the ball is vital……and we will do everything we can to help along the way.
HANDING OVER THE KEYS
This is the best part of our job. Once you have officially exchanged and completed the next step of your journey begins. There is nothing we love more than giving you the keys to your new home.
If you need any advice on improvements you are planning on making or want to get us around again in the future to show us what you have done to the place and see if it’s added value to your home then we would love to see you!
Speak with our experts today...
If you have any queries about Buying and want to speak directly to one of our experts, please contact using the details shown or fill out the form below.