First timers must be well informed
People who are looking to get onto the UK property ladder with their first purchase should make sure that they are well clued up on the best practices for buying, as well as being certain that they talk to a professional so that they know what they are doing when buying their properties for sale.
Sarah Walker, TV presenter, said that it is also important to stay calm when going through the process of buying a home so as not to be seen as panicking and rushing into something which you may later regret doing in terms of purchase.
"People can allow that to overrun them a bit, and that's where mistakes get made. Often, with your first property, you're so keen to see the process through to completion that when little things start to go wrong – and little things always do go wrong – people panic. They then forget to do the things they really should be doing, or overlook things because they just want to get the property bought. That's when things go wrong and mistakes get made," she said.
Ms Walker went on to say that the most stressful thing about making a first purchase on a property can be the fact that it is difficult to know what to do when walking straight into unchartered territory, as you will not know what to ask or what you need to know at this juncture.
The expert therefore said that the best way to go about getting to know what you need to for buying a home is to make sure that you treat it like any other mode of learning, such as a university course, and take the time to read up on the ins and outs of purchasing.
Some of the biggest obstacles for first-time buyers in the property market can be the fact that they need to amass a deposit of up to a quarter of the price of the house.
Posted at 05:10 10/07/2012