Buying your own home can be a complex process, which is why many people often consult a professional, like a mortgage advisor who has studied on CeMAP courses to gain the relevant knowledge and experience in the mortgage market.
However, it is also advisable for buyers to know what plans they need to make in order for the process to be as smooth as possible.
The first port of call is finding a mortgage, which an advisor will be able to help with. Make sure you are getting the best deal available, according to your circumstances. Once you have an offer accepted on a property, consult a solicitor who can commence local authority searches on the property.
A survey is also required to ensure that any faults are discovered before you are legally bound to the purchase. There are generally three types of survey available: a full, detailed survey (which will be the most comprehensive), a HomeBuyer report, or a basic report (which will reveal the least information). Investing more in the survey at this stage could save you thousands further down the line if any major faults are found.
Once you have a firm date for completion, you can book a removal company to relocate your furniture and possessions to your new home. A couple of weeks before you move, you may want to confirm the date with the removal company, and arrange utility providers. Once you have exchanged contracts, arrange insurance cover for your new home. Although buying a house is a complex process, a professional can help to ease the burden.
