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Buying a New Home 1-2-3 Guide

Jul 23, 2008
Have you decided to make that first move from living with your parents or renting to taking the plunge and buying your own property? We all know that buying a property these days is getting into as big a commitment as getting married, maybe even worse. The reasons come down to financial responsibilities, thinking of the fact that you will have to pay off your mortgage day in day out for probably the rest of your life.

People get so wrapped up thinking about the financial side of things that they forget to look into the more important aspects such as the location and structural development of the property. We will take a look at some important questions you should ask when looking through each potential property. Firstly and most importantly, if the house or flat is not brand new and you are not the first person to be living in the property, you need to establish whether or not the home needs any major repairs, as you do not want to be moving into a property which has thousands of pounds worth of fixes to be made, unless of course you can negotiate a lower price for the house.

Next you should check out all of the utilities such as the water and electric to make sure everything is wired correctly and that there are no permanent leaks in the house which could cause a major problem, especially if it is accompanied by faulty electrical wires, which could potentially lead to a house fire if both of the elements mix together. Another structural aspect is to check whether or not the roof is in good stable order as roofs have tendency to have cracks or leak and could be proven to be quite costly to repair, if it is quite an old house you should also get somebody to check the interior of the chimney to make sure everything looks stable as this is part of the main construction on more older traditional houses.

Besides looking through the structural elements, you should have a look at resources on the outside such as the public transport, is this an element you will be using often? if so should you try and get a location that is nearer to bus stops or train stations. Another aspect to consider especially if you have kids is are there any local schools or parks around the area where it will be much more convenient not only for yourself but also for your kids.
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