When you are looking for a house to buy, it can be a real minefield – particularly at the moment, as the property market is booming and many people are experiencing being part of a property bidding war, where a house may sell for more than the asking price. As well as this, you will need to find a good conveyancing company like this building surveys Birmingham based company Sam Con, and also think about finding a removals company, as well as possibly selling your own home, if you already own one.
Many people are tempted by a new build – these are an attractive prospect, with their shiny new-ness and the fact that they are ready to move straight into. But before you rush down to the nearest new build development and pick out a new home, there are a few things to consider before making the decision to buy a new build property.
The first thing to think about if you have found a development that you are keen on, is what can a new build give you that an older home can’t? New build properties lose value straight away, much as a new car does, so it is good to think about the benefits of having a new build in comparison to an older home and think also about what it will give you in the long-term future. Think about your plans for the future and whether this property will be compatible, as well as the possibility of improving the home in the form of a loft conversion or an extension, so that when the time does come to sell it, it is more attractive to potential buyers.
When you are looking at a property developer, do not just go off their promotional material. The best way to find out the honest details about buying a property is to speak to the people who have bought – on this development, if possible, as well as previous homes that have been built. Ask them about the process, how they feel about it, and whether they are still enjoying living in the property. This way you will be able to get a more well-rounded idea of what it is really like.
When the home is being built it is important to make sure that you are happy with the quality of the workmanship, and only sign it off if you are. Although new build homes are covered with a warranty for ten years, it is definitely worth looking into the small print. There should also be a snagging policy which means that you can get minor repairs done to the property within the first two years of you purchasing your home.