If you're buying a home for the first time, you're very likely to already have a picture of how you'd like that property to look and where it is located as you may have been planning it over the years. But even if you already have that idea for a while, it is very important to do a little research to learn as much about property buying before you start house-hunting.
It's also crucial, to begin with, that your current financial situation enables you to afford this venture. It's going to be frustrating if after you found your ideal property you realise you can't afford it.
If you'll need a mortgage to buy a house for the first time, you should look for the best deals ahead of time. If you have enough savings the bank, you can leverage on it to have a good mortgage agreement. <a title="Affording a mortgage" href="http://www.fca.org.uk/consumers/financial-services-products/mortgages/mortgage-market-review/affording-a-mortgage" target="_blank">You can talk to a reputable bank representative , lender or mortgage broker to know your options and how you can afford it.</a>
Organising Your Buying Checklist
If you have worked out an arrangement for a mortgage and as things look good enough, you can begin looking for the ideal property you'd like to buy. Remember to always put location on top of your list while you write down the things that you need and want in a property. You might also you want to check your preferences against what's available on popular property listings. You can look at estate agent offices or online property listings to get details. The Land Registry website can also provide you as much information about current property prices on the market to help you further.
More so, take note of the following pointers to come up with the best choice and an ideal property to buy.
Location - Consider the are where the house is and the places you to need to be around regularly - schools, places of work, churches, supermarkets, government offices, etc. Also, check the location's safety, security, and accessibility to public transport.
Type of Property - Are you looking for a new-build or a previously owned property? Either way, you'll still have make a few modifications on it before finally moving in, so check this against your budget, too.
Number of Rooms - Check this against the actual number of people to live in it, and perhaps the number of frequency of guests having to stay over at given times. You also might want to consider the chances of anyone else moving in or out in the future.
Space In and Around the Property - Bear this in mind for your future extension and renovation plans. Planning to build a conservatory; a garden; or an extra room? See how much space you will have for that before you decide on making an offer.
As soon as you made up your mind, you should be ready to commit to viewings arranged by the estate agents for you and have a look at the properties to be presented to you. What could even help you further and decide on what's ideal is to be a bit friendly with the estate agent. The more you warm up to them, the more compelled they get to be friendly and honest with you. Hostile behaviour and nuances while viewing a property are likely to prompt estate agents to consider other potential buyers on their books, hence reducing your chances of getting your offer accepted on that great home.