When buying a home, there are a lot of things to consider. As a first step, here are some helpful tips for things to look out for when viewing a property. Print off our checklist and take it with you to your viewings.
What to ask:
What type of property is it? Is it freehold, leasehold or something else? (Keep in mind, leasehold properties might come with extra charges like ground rent or service charges. It is worth checking this with the Estate Agent.)
If leasehold, how many years are left on the lease? This can affect the value of the property when you come to sell. Lenders tend to have a minimum number of years left on the lease.
How old is the property and any appliances included? This will help give you an indication of anything that may need repairing or replacing shortly.
What to look out for:
What condition is the property in? Open and close windows, cupboards, and doors. Don't be afraid to look behind and under things and ensure you have checked every room.
Are there any works to be done? Is there anything that needs repairing or replacing? This is worth discussing with the seller before completion.
How noisy is the area? Check if you can hear any traffic from inside the property.
Proximity to work, schools, and other amenities (for example shops and restaurants.) It is also worth noting if the property is above, adjacent, or very close to any commercial properties (the lender is likely to ask this)
Parking? Does it have enough to meet your needs?
There may be other things that are also important to you, so make sure you are happy before putting in your offer.
You can check out the Home Owner's alliance guide here for further information.