Buying a property for the very first time can be daunting. The decisions that you may prior to actually purchasing can save you a massive amount, but decide not to take these careful steps and it could cost you one hefty amount.
Is buying a property right for you?
Recent statistics have found that 86% of people want to own their own home; however it isn’t always the smartest choice for everybody as most end up with regrets, not just relating to costs. There are a number of things you should consider before starting the big property hunting. Check out more advice here.
Selling your property beforehand
This tip applies to those who already own a home and are deciding to move. It is an important choice to make whether or not if you should sell your current property before buying. There are both pros and cons of this, but talk to a mortgage advisor beforehand to get a true grasp of things.
Either way, you will need your property valued and there is nobody better to complete the valuation than a charted surveyor. Foundation Surveyors have tremendous amounts of experience that has developed over the years. Their aim is to provide an accurate valuation supported by comparable evidence. Find out about market valuations.
Sort your finances out and get them into order
The most important thing is a deposit. Work out how much of a deposit you can get together, including savings accounts and the amount you would get when selling your other property.
When sorting your deposit out, it is important to decide what type of mortgage you want and find a suitable time to sort this out with a bank. Click here.