Everything You Need to Know
Buying a home is one of the biggest decisions you'll ever make, and having a structured approach can help you find the right property at the right price. Use this guide to stay organized, analyze properties effectively, and make a confident decision!
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STEP 1
Define Your Priorities
Before you start viewing properties, make a list of your must-haves, nice-to-haves, and deal-breakers.
Property Information:
Before you start viewing properties, make a list of your must-haves, nice-to-haves, and deal-breakers.
1
Property Address
2
Asking Price
3
Estate Agent
4
Contact Info
Things to Consider:
Consider these important aspects of your potential home…
- Location – Commute, schools, local amenities, public transport
- Type of Property – House, flat, new build, period home
- Indoor Space – Number of bedrooms, bathrooms, storage space
- Outdoor Space – Garden, balcony, parking
- Condition – Move-in ready or renovation project?
- Budget – Maximum price & expected additional costs (stamp duty, fees, renovation)
- Energy Efficiency – Check the Energy Performance Certificate (EPC) rating
House Hunting Tip
Visit bmimoney.co.uk for mortgage affordability calculators and expert first-time buyer advice.
STEP 2
House Viewing Checklist
Before the Viewing:
These are our top tips for preparing for a viewing…
- Research the Area: Look at recent sale prices, transport links, local schools, and crime rates
- Street View Check: Explore the area using Google Street View—any concerns about busy roads or untidy surroundings?
- Look at the Floor Plan: Does the layout work for your lifestyle?
- Future Developments: Ask about any planned developments that could impact the area (new roads, shops, or large-scale housing projects)
During the Viewing:
Exterior Checks:
- Roof: Are there missing tiles? How old is it?
- Walls: Any cracks or signs of dampness?
- Windows & Doors: Are they double-glazed? Do they open properly?
- Garden/Outdoor Space: Is it well-maintained? South-facing for more sun?
- Parking: Is there a driveway, or is it permit parking?
Interior Checks:
- Smell Test: Any musty or damp odors?
- Water Pressure: Run the taps and flush toilets to check.
- Electrics: Try the light switches and sockets—are they in good condition?
- Storage Space: Is there enough for your needs?
- Windows: Are there signs of condensation, which could mean poor insulation?
- Heating System: How old is the boiler, and has it been serviced?
- Insulation: Are the loft and walls insulated to help with energy costs?
House Hunting Tip
Find out what to ask estate agents before making an offer: bmimoney.co.uk/questions-for-agents
STEP 3
Key Questions to Ask the Estate Agent
Before making an offer, make sure you get all the information you need from the estate agent or seller. Here are some essential questions to ask:
1) The Property & Its History
- How long has the property been on the market?
- Why is the owner selling?
- Have there been any previous offers, and why didn’t they go through?
- What is included in the sale (fixtures, fittings, white goods)?
2) The Neighborhood & Local Amenities
- What is the local community like?
- Are there any planned developments nearby that could impact the area?
- What are the transport links like?
3) Costs & Fees
- What are the monthly running costs (council tax, utilities, service charges)?
- Is the property leasehold or freehold? If leasehold, how long is left on the lease, and what are the service charges and ground rent?
4) Potential Issues
- Have there been any major repairs or renovations?
- Has the property had issues with damp, subsidence, or structural damage?
- When was the boiler last serviced?
5) Making an Offer
- What is the seller’s position? Are they in a chain?
- Are they open to negotiation?
- Can they move quickly if needed?
House Hunting Tip
Asking the right questions can help you avoid costly mistakes and make a more informed offer!
STEP 4
SWOT Analysis for Property Comparisons
Use this SWOT analysis to compare different properties side by side.
SWOT Category
Notes
Strengths
_____________
Weaknesses
_____________
Opportunities
_____________
Threats
_____________
House Hunting Tip
Fill in a SWOT table for each property you view to objectively compare them!
Step 5
Making a Decision
- Revisit your top choices – Have a second viewing if needed
- Compare your SWOT analyses
- Check local sold prices for similar properties
- Think long-term – Will this home suit you in 5+ years?
- Trust your instincts – If something feels “off,” don’t rush!
House Hunting Tip
Need expert mortgage advice? Book a free call with Bright Money Independent: bmimoney.co.uk/contact-2
FINAL STEP
Making an Offer
Once you’ve found the one, it’s time to make an offer! For expert negotiation tips, click here to check out our guide on “How to Present an Offer for a House”.
For expert mortgage advice, exclusive first-time buyer deals, and help securing the best mortgage rates, speak to Bright Money Independent.
