Whether you’re a First Time Buyer, an Investor or experienced at buying and selling, the process can at times be overwhelming. To assist we’ve provided some hints and advice on buying and selling and moving into your new home to smooth the transition and help you make the best of the situation.
It’s a good idea to have a budget set out in your mind and if required, have a mortgage agreed in principle as soon as possible so that when you find a property you can proceed with the purchase immediately and avoid being pipped at the post by other potential purchasers. Be aware of other important expenses such as the deposit, legal fees, stamp duty and associated moving costs.
Always shop around for the best deal by approaching a selection of lenders. Make sure you check the fine print of each offer and choose the mortgage that most suits your means and requirements.
It is prudent to instruct a solicitor or at least notify your solicitor that you are preparing to buy a property so there is no delay if an offer is accepted. It is best to ask around for recommendations. McConnells may be able to assist.
It is important to keep the wheels in motion. Ring your solicitor regularly and make sure you respond to any requests quickly. If McConnells are acting for you in the sale of your property we help with the progressing the sale by keeping in touch with all parties to make sure the trail does not go cold. Chase your lender to make sure they will carry out their valuation without delay. You should also decide quickly whether you want to have a full structural survey and put that in hand as soon as possible. A pro-active approach works wonders and there is less risk of losing a property to someone else if the sale is progressing smoothly and efficiently.
