Whether you’re a first time buyer, an investor or experienced at buying and selling, the process can at times be overwhelming. To assist, we’ve provided some hints and advice on buying, selling and moving into your new home to smooth the transition and help you make the best of the situation.
It’s a good idea to have a budget set out in your mind and if required, have a mortgage agreed in principle as soon as possible so that when you find a house you can proceed with the purchase immediately and avoid being pipped at the post by other potential purchasers. Be aware of other important expenses such as the deposit, legal fees, stamp duty land tax and associated moving costs.
Always shop around for the best deal, approaching a selection of lenders. We can refer you to an independent financial advisor to make sure you have all the information to hand. Make sure you check the fine print of each offer and choose the mortgage that most suits your means and requirements.
It is prudent to instruct a solicitor or at least notify your solicitor that you are preparing to buy a property so there is no delay if an offer is accepted. Ask around for recommendations. Bay may be able to help.
It is important to keep the wheels moving. Ring your solicitor regularly and make sure you respond quickly to any requests. If Bay are acting for you in the sale of your property, we help will progress the sale by keeping in touch with all parties to make sure the trail does not go cold. Chase your lender to make sure they carry out their valuation quickly. You should also decide whether you want to have a full structural survey quickly and put that in hand as soon as possible. A pro-active approach works wonders and there is less risk of losing the property to someone else if the sale is progressing smoothly and efficiently.
At Bay Estate & Letting Agents, we really know the Swansea property market. We're local and we'll gladly share our knowhow and experience with honest advice that will be just right for you. So, whether you're buying, selling or letting in Swansea, get in touch. We're here to help.
