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Tips for buying a house

Source:www.ft.com
December 22, 2021
How To
news
properties

  • Line-up a mortgage and lawyer as soon as possible – offers are more likely to be accepted if the transaction can be completed quickly.
  • Particularly in difficult markets, sellers may be selling because they face some sort of problem. Look for clues when visiting the property and question the estate agent.
  • Build networks with estate agents, who may highlight properties before they come to market and provide useful information on properties that they tried but failed to represent.
  • Bargains are often achievable where an otherwise great property has a key feature missing, for instance a flat without a lift or family home without a garden.
  • Treat pricing information carefully. Valuations are inherently subjective and market metrics often out-of-date.