Buying Property: A Checklist

There are numerous benefits to owning a property, including security, the freedom to decorate and modify the house as you like, and the opportunity to save money or have an additional income. However, the process of buying a house can be lengthy and frustrating as you have to find a suitable property within your budget, a good area, all while dealing with agencies and attorneys. If you’re about to purchase a property or are considering it, here is a quick checklist that could make the experience easier.


Knowing your budget, and more importantly, being realistic about what you can afford to spend is the first place to start. If this the first time you’re buying a property, accept the fact you’re unlikely to buy your dream house. The limitations of your budget will affect the size, area, and style of home you can purchase. This isn’t a bad thing, as it’s a good opportunity to invest in real estate and get on the property ladder, but don’t be disheartened if the house isn’t entirely perfect — it’s a start. You should also factor into your budget how much work you’re willing to do to a property should it require renovations, as this can be negotiated with the seller.

Mortgage Deals

Not everyone is lucky enough to buy a property outright, which means most homeowners have taken out a mortgage on their property. Your occupation and credit rating will help mortgage providers determine whether you’re a viable candidate, so think carefully about your position before you apply. There are also various kinds of mortgages you can get, and it’s important to research the different deals and opportunities available to you. Mortgage advisors like Azembel can help you find further information about your options.


It’s important to do some investigating of the local area if you do spot a property you like. Sometimes a great home is located in a not so great area, and you need to think carefully about your safety, ease of access to amenities and transport links, etc.

It could be worth doing some research into locations before you start looking at properties to save yourself some time and get a better idea of where you would like to live. Just remember, properties in more upscale neighbourhoods or close to city centres will be more expensive but might not be as good. Always refer to your budget to keep you grounded.

Get an Attorney and Surveyor

Finally, before you finalise any deal always have the property surveyed by a professional. They will be able to tell you whether there are any structural issues with the property or if any additional repair work is required. This information can then be used to negotiate a price or help you dodge a bullet. You should also get an attorney who specialises in property law to help you understand your legal rights and obligations as a homeowner and to assist with the paperwork of the sale.

If you’re ready to step onto the property ladder, use this brief checklist to guide you through the process.

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