Buying your first property is one of life’s most exciting milestones. But let’s be honest—it can also feel overwhelming at times. From figuring out budgets to navigating negotiations, the journey to becoming a homeowner involves many moving parts.
To help you on your way, Dan McFarlane, an Associate Solicitor at Kellas, shares his top five tips for first-time buyers. These practical steps will make the process smoother and less stressful.
1. Speak to a mortgage adviser
Before diving into property listings, it’s important to understand how much you can afford to borrow. A mortgage adviser will help you determine your borrowing limit and provide valuable guidance on available mortgage options.
Having a clear idea of your budget allows you to focus on properties within your price range, saving time and avoiding disappointment.
2. Appoint a solicitor early
Your solicitor will play a key role in ensuring the legal aspects of your purchase go smoothly. Appointing one early in the process ensures you're ready to act when you find the right property.
An experienced solicitor with local market knowledge can also provide valuable insights when negotiating offers.
3. Do your sums
Once you’ve spoken to your mortgage adviser and received a quote from your chosen solicitor, it’s time to work out your overall moving budget.
Remember to account for all the associated costs, such as solicitor fees, outlays, and removal expenses. A clear financial plan will keep you grounded and ensure you only view properties that align with your budget.
4. Always go for a second viewing
If you find a property you like, arrange a second viewing before making an offer.
Why? The excitement of the first viewing might cause you to overlook potential issues—or even underappreciate features that could add value. A second visit allows you to assess the property more thoroughly and make a confident decision.
5. Leave negotiations to your solicitor
Negotiating directly with the seller can be tempting, especially if you’re eager to secure the property. However, it’s best to let your solicitor handle the offer process.
Why? Solicitors are skilled negotiators who understand the finer points of property transactions. They’ll advocate for your best interests and help you achieve the best deal possible.
Kellas are here to help
Buying your first home doesn’t have to be stressful. With the right team by your side, the process can be smooth and stress free.
Kellas’ experienced residential conveyancing team, led by experts like Dan McFarlane, are there to guide you every step of the way. Contact Dan for a free quotation and take the first step toward owning your dream home.