| How to Buy a House - 12 Easy Steps! | | | | property is sound. If it's not, you can knock down your |
| Whilst we can tell you how you can buy a property, | | | | offer. |
| we cannot tell you the best time to buy a house as | | | | 9: Send a copy of your survey report to the solicitor.. |
| that depends purely on your circumstances. | | | | 10: Your solicitor will finalise the details of sale with the |
| In this day and age it is not often straight forward - | | | | vendor's solicitor and confirm mortgage information |
| because banks and lenders are getting tight with their | | | | with your mortgage lender. |
| criteria, you have to go the extra mile to get your | | | | 11: You then pay your deposit into your solicitor's |
| property! | | | | account. He holds it there until exchange of contracts |
| 1: Decide when you want to buy a house. | | | | with vendor. |
| 2: Add up all the money you have at your disposal for | | | | 12: The property will complete and the house/flat is |
| use as a deposit and works that might need doing | | | | yours! |
| once you buy your property. | | | | I hear people say, you make money on property when |
| 3: Have a good mortgage broker or mortgage advisor. | | | | you sell. We think this is wrong. You actually make |
| 4: Pick a solicitor | | | | money on a property when you buy! |
| 5: Start looking for properties within your budget and | | | | What we mean by this, if you get the house/flat at a |
| chosen area. | | | | price 10%+ off the current market price, you will |
| 6: Once you find your desired property... make an | | | | always be in a great position. |
| offer. | | | | For example: If you but a home worth £100,000 for |
| Make sure this property fits your requirements! | | | | say £85,000 any dips in the market, you should |
| 7: Instruct your solicitor and give him the details of the | | | | survive! |
| property location, and the vendor's estate agent. | | | | We hope these steps helped? |
| 8: Find a surveyor and ask them to make sure the | | | | |