How to buy a houseTips for home buyers

First time buyers are regarded as a good bet

Problems in the chain when buying or selling a home are common.

Research by the Department for Communities and Local Government found that nearly a third of home buyers and sellers believed problems in the process were caused by others in the chain.

If you make an effort to be a good buyer you improve the chances of it being a stress-free experience.

How to be a ‘good buyer’

1 First time buyers

First time buyers hold a strong position. Estate agents will regard you as a good bet since you have none of the complications associated with selling a house and being part of a chain.

2 Wait for a buyer

If you’re selling a home, find a buyer for it before you begin to look for your new home. You’ll avoid the disappointment of missing out because someone else has the funds immediately available.

3 Sort your mortgage

Make sure you have the financial arrangements sorted out before you start to look at properties. Estate agents will take you more seriously if they know you have a ‘decision in principle’ from your lender. It might also give you the edge over other potential buyers.

4 Go on recommendation

Find a solicitor or licensed conveyancer through recommendation. If you choose a solicitor, make sure they’re specialist conveyancers and have a good reputation for moving quickly. Conveyancers are renowned for slowing down home buying.

5 Don’t bid too low

Be careful how aggressively you try to lower a price. It might increase the chances of being gazumped and may also lead to resentment on the part of the seller.

6 Consider the seller

Establish how quickly the seller wants to move at the outset. If the answer is as quickly as possible, does that fit with your circumstances? If they're moving to a new job that doesn't start for months, will you be able to find a temporary home?

7 Keep in touch

Don’t disappear on holiday for two weeks without informing all necessary parties. Don’t ignore any aspects of letters about the purchase that you don’t understand. Raise any queries you have about the purchase immediately.