Purchasing a Property through estate agents Canary Wharf

Introduction

Buying a house is an exciting time and it’s important to make sure that you get the right property. If you’re looking to buy a new home, here are some essential things to look out for:

Buying a house is probably one of the most important and expensive things you will ever do. It requires a lot of thought and planning, so it’s worth reading these tips before making any decisions.

  • Think about what you really want.
  • Get advice from estate agents Canary Wharf with experience in the area that you are looking to buy in. They can help guide you through the process and make sure that your money goes where it should be.
  • Always get quotes from more than one person; this allows for comparison between different agents so that you know who is offering the best deal in terms of service as well as price (and hopefully both!).

Get a surveyor to go round and inspect the place on your behalf.

After you have viewed a few properties, it’s time to get a surveyor (your own or one recommended by the estate agent) to go round and inspect the place on your behalf. Make sure that they are qualified and experienced in both commercial and residential property. It’s important that any structural damage is detected before you buy in order for you not to be liable for repairs later on.

If all is well, after checking with your mortgage broker that you can afford it, get back in touch with the seller’s solicitor/estate agent and ask whether they will accept payment of 10% of the asking price as part of an assured shorthold tenancy agreement – this will enable them start drawing up contracts immediately.

 

Check the history of the property.

You should also check the history of the property. Have there been floods, fires or other disasters? Has there been any major structural repairs? Do you know whether there are any outstanding debts on it and whether or not planning permissions need to be renewed?

 

Check out whether the property is free from debt or if it has been mortgaged in any way.

If you are looking for a property that is free from debt or if it has been mortgaged in any way, then you can check the title deeds of the property and its land registry. If there is any outstanding loan against the property then this should be recorded in these documents.

Checking council tax banding will also help you determine whether there are any outstanding debts attached to your potential purchase as well as whether there are any legal cases pending against it.

 

Conclusion

 

We hope that this checklist has helped you to make a more informed decision about whether or not a property is right for you. If you still have any questions or concerns, please feel free to contact us and we’ll answer them as soon as possible.