Top Tips for buying a property

Buying a property is one of the biggest moment of your life, so it is important to make the right purchase. Our team is always ready to help you through the process and we have prepared a guide to buying a house that outlines some important points to consider when buying a new home/property. This guide is divided into two easy-to-read sections, which includes actual purchase costs, tips, and a review list that can help or disrupt your business.

SECTION ONE: FINANCES

• Select the right bank for a loan (if required) – It is important to always check your capability and the right bank or the financial institution before applying for a loan.

• Securing a mortgage – take a look at our mortgage calculator to estimate your repayment plan.

• The real cost of buying – It is important to think about all the other costs, so you can adjust your budget accordingly.

SECTION TWO: BUYING A PROPERTY

• Research the area – Before you decide on a property, research the area or areas you are currently considering.

• Use reliable property finders –  Property finder websites can make the searching process a little bit easier with properties all in one place from different provinces/districts.

• Get the most out of property viewings – It is important to ask any questions you have while viewing a property, whether you’re speaking directly to the vendor or one of the real estate agents.

• Property viewing – We have put together a small checklist of things you might want to look at in more detail when viewing your a home.
  • Damp – think about the smell of the property, does it smell musty? Peely wall paints is often a significant factor in damp. Makes sure to check inside wall cupboards too.
  • Look at the ceilings –  it is natural for our eyes to just look at everything at and below eye level. However, it is very important to look at ceilings for any brown stains or cracks.
  • Count power points – make a quick floor plan for each room remembering how many power points there were and where they are so you can then work out where everything could potentially fit into the rooms. It’s always wise to check how old the sockets look as well.
  • Observe outside walls – check the walls for cracks and rotten woodwork.
  • Check out the neighbours – If you’re buying a flat or terrace house, think about how the neighbouring properties look.