If you want to buy a property at auction, what do you need to do before the auction day?
How to prepare for buying a house at auction; surveys and information you should ask for.
If you’ve ever been caught up in a lengthy chain when you’ve been buying property and had to wait for months before the others were in position to move you may be attracted by the idea of buying a property in a day. But while the actual process of buying can be over in a matter of minutes, you have to invest some time in preparation before the auction day itself. When you buy at auction, the fall of the auctioneer's hammer means you've entered into a legal and binding contract.
Buying a leasehold flat; how to avoid the problems with high service charges or costly repair bills.
What to look for when you're buying a leasehold flat; how to avoid large repair or service charges.
Have you ever read a lease? If you haven’t, you’re not alone. Every year thousands of people buy leasehold flats without having much idea of what they’re letting themselves in for. In many parts of England and Wales, if you want to buy a flat, the only option is to buy one that’s leasehold. The lease is the legal contract you sign up to when you buy but many people don't see a copy of theirs until after they've bought the property.
Getting the best from an estate agent: how to get an estate agent on your side.
If you're buying a property, you can still get the seller's estate agent to work for you.
Many of us find out what’s available and how far our money will go by searching online. But when it comes to getting to the front of the queue for properties coming on the market, it’s worth remembering that buying and selling houses is still a ‘people’ business. Estate agents are paid by sellers but you can still get them to work for you, if you’re a buyer. Estate agents I’ve spoken to all say the key is to meet them face-to-face.