Buying a house.. You have finally decided — go for it–

  1. Check right move, Zoopla, mouse price
  2. Drive around the area and look out for clues to neighbors, shops, and shops
  3. Get a mortgage..This can be done
    1. independently ( Check with various banks and online brokers eg mortgage mania)
    2. through an independent financial adviser. They will usually charge about £600 for their service
  4. Get a mortgage in principle
  5. Make a short list and call estate agent for viewings.
    1. Make sure you let them know about your job, and that
    2. you have a mortgage approval in principle.
    3. Let them know you are a first time buyer
    4. deposit is ready.
  6. At viewings look for sings to knock down price.
    1. Any signs of water leaks.
    2. Any flaking paint
    3. Any Signs of damp any mouldy smell
    4. Any major repairs required
    5. any rust on radiators.
    6. Move furniture to look behind the furniture on walls for any plastering repairs
    7. Any signs of structural brick work (new bricks)
  7. Negotiate a price if you are interested
  8. Give honest feedback to estate agent
  9. Get a solicitor for legal work eg online conveyancing or ring up solicitors you can get from yellow pages (Usually £800)
  10. Get a bank statement which confirms your deposit and send it with proof of ID to solicitor
  11. Instruct searches through solicitor (£500)
  12. Instruct mortgage company to proceed with survey (£800)
  13. Proceed with full mortgage application and fees ( £500 – £1500)
  14. Process usually takes 10 – 12 weeks

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