Buying a property is probably the largest purchase most people ever make so it requires careful consideration and decision making. Getting the right mortgage to fund the purchase is as equally important and forms a vital element of the property buying decision-making process.
Are you wanting to add value to your home but don’t have a large budget to fully renovate? Even if you aren’t planning on selling your property in the near future, it is advisable to keep your home up to date and maintained so it doesn’t catch up with you all of a sudden when it is time to sell. And if you’re planning on staying put for a while, these small improvements will make your home more comfortable and appealing. You can read more in our guide to how much your house is worth.
Buying a property at auction can be quicker, easier and significantly cheaper than when buying a property through a regular sales process. Buyers do need to be aware however, that the property is theirs as soon as the hammer comes down so it is essential to be well informed about the process and have everything in order beforehand.
Whether you’re a first time buyer or an experienced property investor, a property purchase needs careful consideration and there are a range of potential defects that you need to be mindful of. It is important to look past the cosmetics of the property to see any underlying issues that may be present.
Moving house is costly and with so much uncertainty in the market at the moment, there is a growing trend for homeowners to improve their current properties rather than moving. Home improvements are not just a short term solution however, because making improvements now to your home adds value to your property in the long run.
When choosing an estate agent, it is important to pick one that has made a realistic valuation of your property. It is natural to want to go with the estate agent who made the highest valuation but consider whether it is a realistic valuation by comparing it with other similar properties on the market in the same area.