Welcome First Time Buyers
Are you ready to embark on the exciting adventure that is buying your first home? Perfect if so, because the team here at Chartsedge are looking forward to being your trusty guides as we have some fantastic tips and advice that will help you to navigate the home-buying process with confidence:
Tip 1. Don’t Let Emotions Run the Show – When entering the cottage of your dreams remember that buying a home is a significant financial decision. Stay grounded, take your time and always let your head lead the way.
Tip 2. Get Your Finances in Order – Ideally before you start house hunting, make sure your credit score is looking sharp and consider getting an agreement in principle (AIP) for a mortgage. This step will not only give you a clear idea of your budget but also demonstrate to the seller and estate agent that you are serious and mean business.
Tip 3. The Art of House Hunting
- Make a list of your must-haves’ and ‘nice-to-haves’ in a home.
- Research the areas that are of interest to you & visit at different times of the day.
- Make lots of notes (or take pictures) on the pros & cons of the location.
Always remember, it’s okay to fall in love with a house but remember Tip 1!
Tip 4. The Art of Negotiation – When it comes to getting your dream home for the best price, channel your inner negotiator but remember to be reasonable. Consult with your estate agent, and do not be afraid to make an offer but also be sensible and reasonable – after all the last thing you want to do is offend the homeowner and turn them against you.
Tip 5. Surround Yourself with a Dream Team – No, we’re not talking about unicorns and rainbows (although that would be fun!). We mean building a reliable team of professionals, the estate agents, mortgage brokers, conveyancers and surveyors who will guide you through the process. Good communication with them is tantamount so ensure you get the best you can afford as they are the ones who will help to ensure that you do not take on any undue liabilities and ensure as smooth a purchase as possible.
Tip 6. Embrace the Paperwork Tsunami – Brace yourself for an avalanche of paperwork. From contracts to questionnaires, fixtures and fittings to money laundering – it can feel overwhelming. Take your time, read everything carefully, and don’t hesitate to ask questions. Remember, it’s better to be safe than sorry, especially when it comes to signing for what will probably be the biggest purchase of your life.
Tip 7. The Survey – Now it’s time for a survey. The mortgage company will always undertake their own, however it is generally advisable also to have your own undertaken. Ask the agent for recommendations of well-regarded local firms of qualified surveyors, in order that you can ensure there are no hidden issues that might turn your dream home into a money pit. You don’t want any surprises lurking in the basement…
Tip 8. The Great Moving Adventure – Moving, the joyous event that makes us realise just how much “stuff” we’ve accumulated over the years. Start decluttering early, pack strategically, and get recommendations and quotes from a few removals companies as the service and cost can vary hugely. When it comes to it don’t forget to label your boxes clearly and be ready in good time.
Tip 9. The Sweet Taste of Victory – Congratulations, you’ve made it! You’re now a proud homeowner. Celebrate this milestone, throw a housewarming party, and revel in the joy of having a space you can call your own. Pop that champagne and let the good times roll!
Tip 10. Embrace the Imperfections – Owning a home is an ongoing adventure, filled with repairs, renovations, and a fair share of surprises. Embrace these imperfections, because they are what make your new home uniquely yours.
Are You Ready To Jump On The Property Ladder?
As a first-time buyer finding the right location and property needn’t be a challenge if you follow our tips. If you’ve chosen an area in Devon and need more information, get in touch with our friendly team at Chartsedge on 01803 505115 or at email@example.com.
We’re experts in the Devon property market and are here to help you find the perfect home!
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