Finding a home, whether as a first time buyer or a seasoned mover, can be as exciting and inspiring as it can be stressful and tiring.
This top tip guide from OnTheMarket.com will help to ensure that the process of buying a house is as smooth and enjoyable as possible.
1. Finance comes first
Before you start seriously looking at properties, you should consider how you will pay for your new home. Unless you are a cash buyer, the purchase will almost certainly involve borrowing through a mortgage. You will also need access to sufficient money to pay a deposit, which is usually 5% or 10% of the purchase price of the property. It is sensible to talk to a “whole of market” financial adviser who will be able to assess the amount of mortgage you can afford to take on and will help you to apply for a loan.
OnTheMarket plc (LON:OTMP) provides property search services for buyers, sellers, landlords, and tenants in the United Kingdom. It owns and operates online residential property portal on OnTheMarket.com that offers property for sale and rent, finds agents, student accommodation, farms, estates and land, and property valuation.