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Top 10 things to know before buying your first home

Posted on: Friday, September 27, 2024

So you’ve taken the leap and made the decision to buy your very first home. Discover our guide to becoming a first-time buyer to ensure you're equipped and confident on your journey to becoming a homeowner.

Get your finances in order

It’s important that you get your finances in order as your credit score will have an impact on your mortgage options. Make sure you pay all your bills on time and avoid making any bigger purchases around that time. Speak to a professional to get advice about how much you can afford. Don’t forget that there are lots of other costs attached to buying a property, such as solicitor’s fees, stamp duty and home insurance. When these all add up, you might reconsider the price range of properties you’re viewing.

Discover our guides to buying. 

 

Take the time to decide what you want

Take time to view different properties and create a list of what you want your new home to include in the process. Divide your wish list into must-haves and things you can compromise on. This will help you to avoid making hasty decisions and get you thinking in detail about your ideal home. Be realistic though, and ensure your list is appropriate to your budget.

Get to know your local agents

A good estate agent should be well-informed and able to answer questions not only about the property but also the area you are moving into. Cast your net wide and visit a number of agents in the town. Make sure you meet them face-to-face and explain in detail what your requirements are - this will make them remember you and think of you when a suitable property comes on the market. Also be proactive and keep an eye on newly listed properties on their website and different online portals as great homes tend to get snapped up quickly.

Be flexible

Whilst it’s good to have a list of do’s and don’ts, it’s important to remain flexible. You could miss out on a perfectly suitable home because it’s located three miles out of your desired area or the bedroom doesn’t have a walk-in wardrobe. Be open-minded when viewing different properties and think outside the box – with a little creativity you can do some wonderful things with the décor of a house or the look of a garden.

Are you willing to invest in renovations?

Unless you’re specifically looking for a project, buying a property that needs renovation might not be the right step for you. Purchasing a fixer-upper can be a risky investment and you could end up with a money pit. If you do decide to buy a home in need of work, it’s advised that you get a thorough inspection to get a realistic overview of the property’s conditions. If possible, opt for an examination after a rainy day that will assess the state of the foundations and basement.

Learn more about your prospective home

So you’ve found your dream home and you’re eager to make an offer. Before you progress to the next step, make sure you learn as much as you can about your prospective new home. Find out how long it has been on the market, ask to see the utility bills and hire a surveyor to inspect the condition of the property. It’s a good idea to get to know the area as well to get a feel for it. Is there a convenience store nearby? What schools are in the catchment area? What is your local pub or café like? These are all important aspects of day to day life that might influence your decision to make an offer.

Get a good solicitor on board

As a first-time buyer, you will want to search for an experienced, trustworthy solicitor to manage Stamp Duty charges, deal with Land Registry and draw up and explain contracts. Avoid using the same solicitor as the sellers to minimise the possibility of a conflict.

Don't be afraid to negotiate

The price of the property is rarely set in stone and the vendors are often willing to negotiate. If the property needs some work or your surveyor revealed any defects, use this as an argument to agree a more affordable price. You can use your estate agent to do this for you, however, as a buyer you will be the one making the final decision and should be in control at all times.

Don’t feel pressured

Buying a house is possibly one of the biggest purchases of your life so it’s important you take time when making important decisions. It can sometimes feel like you’re under a lot of pressure to buy straight away but if you don’t need to move immediately then shop around. It’s likely you will be living in the house for years to come and it’s essential that you feel comfortable and happy in your surroundings.

Be patient

The whole process might take longer than you originally anticipate. It’s a good idea to focus solely on house hunting so you don’t overwhelm yourself. Juggling other big decisions, such as organising a wedding or planning to have a baby, whilst buying your first home can put a huge strain on your life and take all the fun out of the process. Buying your very first home is a big step in every person’s life and should you be remembered fondly.

 

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What Our
Clients Say

"

I would highly recommend Hardings. Their knowledge of the local area is outstanding, and they give honest and reliable advice. They have always been my partner of choice when buying and selling.

Rhiannon Prothero

"

Have used Hardings for many year on both personal and commercial property deals. Have always found them to be transparent, honest, authentic, and a pleasure to work with. Will continue to use in the future.

TB

"

I would highly recommend Hardings Estate Agents. They have excellent knowledge of Windsor and the surrounding areas, and are extremely professional, responsive and courteous. I would not hesitate to using them again the future. I recently dealt with Milica who was instrumental in securing us our new home in Windsor as well as the sale of our existing property. She was a fab negotiator and a real pleasure to work with from beginning to end. Thank you!

Jonathon Beresford

"

Hardings of Windsor managed our purchase with complete professionalism and went over and above in my opinion to manage the transaction and chain, resulting in a really smooth purchase. Milica at Hardings constantly provided timely updates and managed respective solicitors and the chain effectively, always responding quickly to queries. The whole transaction would not have happened without Milicas' focus on making all parties comfortable and satisfying all queries, not only professional but a delightful and welcoming personal approach that was a constant throughout. Thanks Hardings! Thanks Milica!

Stuart Blatch

"

I would recommend using Hardings estate agents when buying or selling your property. Dominic (Scully) was always available, helpful and genuinely interested in my purchase and always calm and compassionate. If I ever move again my first choice will be Hardings.

Cath Powell

"

Dom and the team at Hardings were so helpful and efficient when I purchased my flat - friendly and professional service and kept us up-to-date the whole way through the process. It was my first time buying and so was very nervous but they helped me feel at ease.

Freppell

"

We bought and sold through Hardings and can't recommend their professional service enough. The whole Team are really lovely, we were kept informed throughout the process and never had to chase anything.

Natalie Quint

"

I used Hardings when I bought my property as well as when I sold it and the service has been fantastic both times. I very much recommend Hardings!

Therese Jouini

"

We recently purchased our new home with Hardings Estate Agents. The whole team there were very helpful and flexible with us, arranging viewings quickly on the same day. They were always quick to respond and if ever our point of contact was not there, the service did not change as they work well together as a team. We received a personalised service, which allowed the sale to proceed quickly. Thank you all and we recommend Hardings Estate Agents without hesitation.

Mike B

"

What a pleasure it was to deal with Milica from Hardings. She sourced the perfect property for me and my family (while we were still abroad) and worked endlessly to put the deal together. I would give more than 5 stars if at all possible!

C D

"

Fantastic customer service and made what could have been stressful a total breeze. Dominic and Louisa were brilliant in helping me and my parents buy and sell our houses - reliable, helpful and thoughtful. Thank you!

Eloise Harris

"

Thank you, Dominic and Louisa - having not moved for over 30 years you helped me all the way, step by step. You were always polite, communicative, reassuring and very supportive. Would recommend Hardings wholeheartedly.

Anna Bowen
How Much is Your Property Worth?

How Much is Your Property Worth?

A senior member of our sales team will visit your property to discuss current market trends and how your home; based on size, condition and location should be pitched to achieve the best possible price and buyer. Coupled with an excellent understanding of the local market we do a detailed analysis of what else has sold and what is coming onto the market so we can give you the best chance to capitalise on your biggest asset.

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