Posted on: Monday, November 13, 2017
What are the common mistakes people make when searching for a new home?
Watch our video to find out:
1. Not setting your budget
Avoid disappointment and frustration by setting a clear budget, allowing for costs like stamp duty, conveyancing fees, and surveys.
2. Being too specific
Restricting yourself to one particular street could mean you miss out on a fantastic property on the other side of town.
Be open minded and ask your agent’s advice on other locations that are within your budget. Remember to decide what you’re prepared to compromise on ahead of time.
3. Falling in love at first sight
This can cloud your judgement. Are you overlooking the flaws? Ask yourself why you like it and if it actually meets your needs.
Don’t get too invested, as you’ll be disappointment if your offer isn’t accepted – remember there will be more than one property for you!
4. Overestimating your DIY skills
Be confident but realistic. Can you really do all that work – and afford it?
Guild Members are local experts who can help with your property search. Click here to find your nearest agent today.
We are required by law to conduct anti-money laundering checks on all those selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy. The cost of these checks is £60 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable. We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.