🏡 A Quick Guide to Buying Your First Property 🏡

Buying your first home is a huge life moment that can beexciting, scary and a little bit overwhelming.

Here’s an idea of what to expect.

💰 Money matters

You’ll need a mortgage in principle. This is how you find out what you can afford per month and how much you can borrow.

Other costs include:

£ Stamp duty

£ Valuation

£ Survey

£ Legal fees

£ Insurance

£ Moving

👀 Property search

Don’t just look online. Talk to an estate agent – they’ll have lots of local knowledge to share.

✍️ Legals

You’ll need a conveyancer or property solicitor to get the deal done. Use a solicitor that has been recommended to you.

📐 Surveys

There are two types:

📐 Valuation survey, which is typically carried out on new properties.

📐 Homebuyer’s survey, for older properties.

Following the survey, the lender will (hopefully) approve your mortgage offer.

Next steps

The seller’s solicitor or your lender may have a few questions. Then it’s just about waiting for your completion date.

Ready to buy your first property? Contact us today ☎️ 01159455553 📧 info@rexgooding.com