Make Finding a Property Conveyancer Your First Priority

Key tips for first-time buyers in England, making your property purchase much more manageable.

Buying a home for the first time can be a daunting task, however, with careful planning and research, the process can be made smoother and more manageable.

The first step towards buying your own home is to start saving for a deposit. The larger your deposit, the better your chances of securing a mortgage with favourable interest rates. The amount you need to save will depend on the location and type of property you're interested in purchasing.

Before beginning your property search, speak with a mortgage advisor to obtain a mortgage agreement in principle. This is a statement from a lender confirming that you could borrow a specific amount, subject to a full mortgage application and a satisfactory property valuation.

It's important to have a clear budget in mind before starting your property search. Consider both the upfront costs, such as deposit and stamp duty and the ongoing costs such as mortgage repayments, council tax and utilities. This will help you to narrow down your property search and avoid wasting time on properties that don't fit your budget.

Before embarking on your property search, take some time to consider your priorities. Is location the most important factor, or do you prioritize a certain type of property? Do you need a garden or space for a home office? Understanding your priorities will help you to make more informed decisions and find a property that best suits your needs.

Don't be afraid to negotiate on the price of a property, particularly if you're a first-time buyer. Property prices in England can be high, and every penny counts. Try to avoid emotional factors and focus on the market value of the property and comparable properties in the area.

Conduct thorough research on the local property market and the property you're interested in. Look at comparable properties in the area, and consider the property's condition, age, and any potential issues such as structural defects or flood risk.

This is the important bit! Seek professional advice throughout the buying process. By instructing Aconveyancing as your dedicated, trusted solicitor and property conveyancer we can guide you through the legal process with ease. Our conveyancing service will be with you right up to the completion of your property and you have the keys to your new home in your hand.