Any pearls of wisdom ....
If there's plenty of properties within your price range, then you'll get to know what you can get for your money and whether they're overpriced or a bargain (which is unlikely; I've never seen a bargain, only fairly priced or overpriced properties).
If I loved a particular property, and thought it'd get snapped up by someone else with a higher offer, then I'd offer the asking price. If it's a dump but you can see potential and like the feel of it, then offer what you think is reasonable (going by other properties you've seen).
That's my experience of it, anyway.
Mortgages are a minefield,don't think you can sort your own out by using the internet,speak to someone qualified.Don't always go for lowest interest rates and look out for things like Higher Lending Charges (HLC's).
That's my tuppence worth.
take a compass and a digital camera when viewing.
I'm guessing you'll have a better idea than most of which areas to choose/avoid.
Come up with a spec of what you want before you view...we bought a wreck and have done it up; you may want a place that you don't have to do a thing to; do you want it forever or just as a foot on the ladder?...that sort of question...
Chiefly thank you, luckily I have contacts so thats not too much of an issue
Wifey, feck offCrashie, camera yes, compass WTF? !!
Always good to know which way your windows face. East facing bedroom, sun in the morning, great if you're a morning person, a PITA if you want a lie-in; south-facing garden is nice; sun in your living room in the evening is nice, sun in the kitchen over breakfast is nice.
(Wild guess follows) i rreckon that peole who don't like their abodes generally don't get the sun in the right windows at the right time...
(this isn't my territory and I'm not an expert)...but I do remember hearing that some of the older solar-powered systems fail; worth making sure that it works; probably not worth paying a premium for...
...but if someone has taken the hit of installing it and you can get the system for free, it'd certainly help
Get a decent solicitor, not the cheapest . Make sure they have a dedicated conveyancer or conveyancing team. And remember that the agent is acting for the vendor, not for you.
When you've found a place you like, walk past it at various times of day and especially late in the evening to check out the neighbourhood - is it quiet and peaceful or do the antisocial lot across the road have barbecues with blaring music every evening? Is it choked at commuting or school run time?
Also, the cheap place on the expensive road has better potential for a return than the pricey place on the cheap road. Even if it is a bit shabby.
Buy the worst house on the best street. Oops Muttley just said that.
Do it up. Make piles of cash.
If you're a first time buyer knock 10% off and make an offer - you never know.
And location is key if you want somewhere just to live and not invest. A small house in a nice place is preferable to a big house in erm, lets say a not so nice place. IMHO.
If it's near a river, ask about the garden too!
and don't buy too near the Ridgeway, you'll never find your way home
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