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House Buying Guide - Reference VersionBelow are 18 steps to home buying success, it is important that you understand these points. Read the full version first then use this as a quick home buyers guide reference.
Read the full version of our free Home Buyers Guide - Full Version!
1. If you would like to talk through your options and receive good, honest, free advice, call our Free Phone Help Line
2. How much can you borrow? Use our UK Mortgage Calculators
3. Consider an ‘Agreement in Principle’ mortgage quote before you start searching for your new home this could give you an edge over your competition when you come to making an offer on a property.
4. What is your ideal home? Print out the Ideal Home Check List
5. Register with local Estate Agents in the area where your new home will be.
6. Give a copy of your completed ‘Ideal Home Check List’ to each estate agent.
7. Before you start viewing property, print out House Viewing Check List
8. Arrange with the estate agent a convenient time and see as many relevant properties as possible.
9. Fill in one ‘House viewing check list’ for each property you visit, ask about any problems and take a camera.
10. Using the ‘House viewing check lists’, Up my street and any other information, make a short list of property's you would like to visit for a second time. Visit at a different time of the day and see if neighbourhood changes. Also find out what is included in the selling price i.e. carpets, curtains, blinds, light fittings, cooker, fridge, freezer, wardrobes, shed, greenhouse etc.
10. When you find the property you want, decide how much your offer will be, don’t offer more than you can really afford!
11. Contact the seller’s estate agent and ensure your offer is ‘subject to contract’, i.e. you and the seller agree to go ahead but neither is legally bound.
12. When your offer is accepted you need to get a mortgage, this is where we can help, fill in our simple, free, no obligation, Mortgage Application
13. Or if you would prefer talking to us, telephone our free phone mortgage
14. The seller’s estate agent needs to know your solicitor’s details, this is known as coveyancing. If you do not have a solicitor, ask friends and colleagues who have bought property who they used and whether they were satisfied. For a list of solicitors in your area, click to view solicitors Links
15. The mortgage lender will usually undertake a valuation of the property to see if it is worth the amount offered. If you would like a more detailed survey and you do not know a surveyor, ask friends and colleagues who have bought property who they used and whether they were satisfied. For a list of surveyors in your area, click to view surveyors Links
16. Once your solicitor has carried out the searches and each party has signed and the contracts exchanged, they are binding and include a completion date, (the date that the property becomes yours).
17. Arrange Buildings Insurance so that the property is insured from that day.
18. Once you receive a completion date – this is the day the property become yours, you can think about organizing your move. For a list of removal firms in your area, click to view 'Removal Firm Links' | ||||||||||||||||||||
