Posted by & filed under Mortgages.

So you’ve got all your finances in order and have your agreement in principle in your hand. Now the real fun begins as you start your property search. Here’s our top tips to help you in your search for your dream home.

Understand your needs

Make a list of what’s important to you. What are your “must haves” and “nice to haves”? This could include the number of bedrooms, outside space, distance to schools, commuting times, public transport links, amount of work needed on the property or the size of the entertaining space.

Don’t think short term

A house is a long term commitment, even if you only plan to stay a few years, think of what the future might hold and make considerations for this.

Research your areas

If you find a really lovely house but it’s oddly cheap, there has to be a reason. It could be a high crime area, prone to flooding, close to industrial units or a student area.

It’s also worth asking locally if any recent planning permission has been granted. You wouldn’t want to find out after you’d bought a place that the land next door is being turned into a noisy industrial warehouse for example.

Neighbourhood and Homecheck are a couple of great sites you can use to investigate, but nothing substitutes visiting the area in question for yourself.

Register on property aggregate sites – The most popular being:

Rightmove.
Zoopla.
Prime Location.

You might also like to take a look at Find Government Property which provides lists of government owned buildings and land that is up for sale.

Register with Estate Agents

The housing market is a competitive one. Register with all your local agencies. Go in and see each one of them personally to make a connection and show you’re serious. Let them know your needs, make them aware you have your finances in order, an agreement in principle in your hands and you mean business.

Consider a property auction

If you fancy getting your hands on a bargain and are happy to accept a bit of risk, this might be for you. Property auction companies will usually send you a catalogue of what’s in their next auction when you register. If you find a property you like, be sure to do your research. Auction properties normally have open days. Don’t bid without viewing the property and remember that if you win, you are in a legally binding contract to purchase the property.

Whatever your needs, make sure you’ve got your finance in place before you start your search. For more information visit www.credius.com, you can get in touch by emailing info@credius.com or call Credius today on 020 7562 5858 to get the best deal on your mortgage.

Next time – Getting the most from a property viewing

Trackbacks/Pingbacks

  1.  Getting an agreement in principle from the lender | Credius

Leave a Reply

Your email address will not be published. Required fields are marked *