Published: 17/06/2022 By Luke Croft-FaulknerWe know that buying a home is very exciting. But it also can be one of the most stressful things you could possibly do!
So to try and ease some of that stress, we have compiled a list of tips you should consider before buying your next house. Having sold thousands of homes, we have used our decades of experience in property to narrow our tips down to 5 that buyers usually miss.
1. Spend Some Time in the Area
When choosing a new home, you’ll want to spend some time in the area that you will be moving in to ensure it suits your lifestyle. For example, if you have children, you'll want to ensure that there are good schools located nearby. Furthermore, if you have a busy lifestyle, whether it is for work or for leisure, you should ensure that you have the appropriate transport links nearby.
You should also take into account how the area changes throughout the day. Are the roads particularly busy in the morning? Is the nightlife disruptive on the weekend?
2. Get a Head Start on your Mortgage
Many buyers make this mistake but you don’t have to wait until you have made an offer to start securing a mortgage. Getting a pre-approved mortgage will give you a clear idea of your budget, and help to speed up the process.
Not only that, but it can come in handy when submitting an offer. A pre-approved mortgage shows a seller you’re serious about buying their home and can give you the edge against other buyers. Contact us today to speak to our sales team and we can recommend you the right mortgage broker for you.
3. Plan your Decorating in Advance
It’s never too early to start planning how you would decorate your new home. If you have new carpets and a fresh coat of paint in mind, head on down to your local DIY store for swatches and samples in advance so you can bring them with you to viewings.
If your plans require contractors, it’s a good idea to start looking at quotes before you agree on a sale. By ensuring that all your work is not only possible but fits in with your budget, you can be assured that the home you envision can become a reality.
4. Budget for Solicitors’ Fees
Once you have had your offer accepted, you will need to employ a conveyance to handle all of the legal aspects of the transaction.
It’s important to ask for a full fee breakdown including bank money transfer fees and stamp duty forms. These fees should be included as part of your overall budget, and are just as essential as the cost of your new home. If you need some assistance with this, please get in contact with us today and we can assist with finding you the right conveyancer.
5. Manage your Expectations
Sometimes you may not be able to get the house you had your heart set on. You may find out that you have been outbid, or a seller may opt for a cash buyer. These hurdles can be frustrating but always persevere. If you're currently struggling to find your dream home in Birmingham, please get in contact with Davidson Estates as we constantly have houses for sale to suit all budgets and needs.