After nine long weeks, the UK government has finally given the green light for the housing sector to resume activity - here are our top tips for buying your new home.
Property developers and estate agents, like us, are thrilled to return to work, albeit with socially-distanced viewings and removals. While we still have a lot to figure out, we’re excited to see things moving again.
If you’re looking to buy a property, this is an excellent time to prepare yourself for the process. With lockdown restrictions easing, you can make use of the time to get ahead with the following tips:
Start your mortgage application early
Getting a mortgage for a new build home can be a lengthy process, so it’s wise to start your research and application as soon as possible. Consult with a mortgage broker who can give you access to deals and seek advice from bank providers. It’s also a good time to run a financial health check, review your credit report and improve areas that need attention. Which? put together a guide on “13 ways to boost your chances of getting a mortgage in 2020,” which you may find useful, and something more recent from Martin Lewis’ team at Money Saving Expert – How to get a mortgage: 17 tips to boost your chances, which give a more up to date insight into what to expect and look for.
Organize your documents
Buying a house involves a lot of paperwork, so it’s wise to start organizing all the relevant documents you’ll need, such as proof of identity, current address, funding, bank statements, and outgoings. Having a folder ready will save you the hassle of rummaging through your drawers when the paperwork stage arrives.
Spring clean your current home
If you’re planning to sell your current property later in the year, it’s an excellent opportunity to start decluttering and deep cleaning now. Attend to unfinished DIY projects, declutter the garage, garden shed, and attic, touch up the paintwork, and pack away a few items to make space for viewers. It’s an inexpensive way to prepare your home and make it more attractive to buyers.
Get quotes from removal firms
Once you find a house and complete all the necessary steps, it’s time to think about packing and moving. Removal firms have started operating again, and it’s best to get a quote as early as possible. The HomeOwners Alliance has teamed up with Reallymoving to help you find a removal company that suits your needs.
In summary, with lockdown restrictions easing, it’s a great time to start preparing for your property purchase. These tips will help you stay organized and ahead of the game, so you can focus on finding your dream home.