Buying a home can be very stressful but at the same time an enjoyable experience.
Home Buying Check Lists are useful to ensure that all the steps are covered and keeps the focus where it should be on buying a home suitable for your needs.
The following are some check lists for you to use which you may find useful
|Check List 1
||Check List for making sure that all your Needs and wants are covered.
|Check List 2
||Check List for when viewing homes, there will be many homes that you view and this can helping in ensuring that you remember the homes viewed and have not forgotten anything of importance.
|Check List 3
||When a property is chosen, this ensures that all the stages are completed and when.
|Check List 4
||A check list for moving, to ensure the moves goes stress free.
|Check List 5
||A check list to ensure that relevant people are notified of your new address
When deciding to buy a home the first step is to check how much money is available, to spend on a property.
Add the following to give an idea of how much you have to spend
- Savings available to buy a house
- Value of any property you are selling (if Selling)
- Amount of money you can borrow
|There will be other costs to consider such as:
The cost of carrying out conveyance Stamp duty. The tax on buying property.
Lenders valuation. Most lenders require a valuation survey to be carried out on the property to confirm it is worth the amount you are paying.
Survey. As the lenders valuation is only meant to determine the value of the property, it is recommended that an independent survey is carried out to confirm the property is well built, and not structurally substandard. Land Registry fees.
To change the legally registered owner of a property, the Land Registry charges a fee relative to the value of the property.
Removal costs, Removal companies
General moving costs. If the property is far away, costs may be occurred on petrol or even flights to view potential properties.
Additional costs, such as insurance, canceling utility services etc.
It is a good plan to not spend all the money available, because then there is nothing left if something goes wrong.
Remember to leave an amount of cash spare for any unexpected costs.