Whether you’re flying the family nest for the first time or switching from a rental property, buying your first home is a big deal.
It’s probably the largest purchase you’ll ever make, so it can be a bit daunting – even when things are going smoothly. Here, our Residential Property team offers expert advice on how to keep the process as stress-free as possible, leaving you to think less about conveyancing and more about the excitement of owning your very own plot of bricks and mortar.
Take your time
Finding the right house is just the beginning. Make sure you take your time scouring through online property listings and visiting estate agents. Property viewings are the fun part – especially when you imagine yourself moving in and making it your own – but make sure you consider all your options before choosing. Is this your forever home, or will you be moving again within a few years? If you’re there for the long-run, or haven’t decided yet, be sure that a property gives you the flexibility your life may need in future.
Do your research
Before getting your heart set on something, and certainly before putting an offer down, make sure you know as much as you can about the property, the chain of people moving out and the local area. No question is too trivial if it could impact you and your family later on. How many viewings has the property had? Who are the neighbours? What is the traffic like in rush-hour? Why are the current occupants moving on? Where are the nearest shops, train stations, schools and green spaces? Thoroughly researching the property and surrounding area will inform your choice – and help highlight potential problems, so you can avoid them!
Moving house doesn’t happen overnight, and not without a thorough checklist of things to sort out – mortgages, solicitors, property surveys and so on. Be realistic about what you can afford, and crucially, take care not to overstretch yourself. Allow for a buffer in case your financial situation changes. Be realistic about the timeframe, too, as cutting corners early on can lead to big headaches that can be avoided if you take a thorough approach from the start.
Appoint the right solicitor
How often have you heard friends and family complaining about slow, expensive and uncontactable solicitors being a bottleneck? It doesn’t have to be that way – if you choose the right solicitor.
People often choose solicitors based on price or location alone, but it’s much better to look for a firm who will look after you and your purchase. Tees has five conveniently-located offices in Bishop’s Stortford, Cambridge, Chelmsford, Royston, and Saffron Walden. We offer a competitively priced fixed-fee service, where you pay a set amount agreed at the start of the process. So, you won’t get any nasty surprises or an unexpected bill coming through your new front door. We make sure that the same solicitor will look after your case from start to finish, meaning you’ll always be dealing with someone who knows your situation.
Ensure that your solicitor can guide you through the many funding options available and can advise on schemes such as Help to Buy and shared ownership. Tees is listed on the mortgage lenders’ panels of solicitors, which means that we can process your mortgage for you. We approve and finalise all documents on your behalf and provide you with regular updates along the way.
Tees is an established firm with experts in many other areas such as making a will, setting up trusts, preparing cohabitation agreements and financial advice. Our financial advisers can help with such things as: income protection, life insurance, savings, investments and pensions. We can help you get these sorted at the same time as buying your home, so you and your family are set up for the future.
Are you ready to start the process of buying a house? Get in touch at firstname.lastname@example.org or call 0800 013 1165 to discuss how we can support you along the way.