5 Things To Know Before Starting Your House Hunting In London

5 things for house hunting in london

 

If you are currently looking into buying a house in London, welcome to the club. 

London has one of the most thriving housing sectors throughout the whole country. Homes seem to be becoming somewhat of a precious commodity in London and managing to snag yourself a house is becoming an increasingly difficult task. 

In this article, we will be telling you five essential things you need to know before starting your house-hunting in London that will make your whole experience much more straightforward.

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Stay True to Your Budget

As difficult as it can be to find a home in London, you must not cripple yourself financially by buying a home that's out of your budget. 

This is a trap that many people tend to fall for. It may take what seems like decades at the time to find a home that is suitable for you in London. This leads to people rushing the process and overpaying for a home that they would have otherwise not paid any attention to if it would have been in any other location. 

It will take time to find your perfect living space, don't rush to get a home and end up with something you can't afford and deal with the negative consequences for years to come.

Set a budget that you are comfortable with, and be careful not to stray too far away. 

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Do Some Research

Let's say you do manage to find the perfect home for a reasonable price in London. First of all, congratulations! Although, it's not a good idea to get your hopes up too quickly. 

Whenever you find a home you are pondering about buying, you must research the surrounding area. This is because London is an incredibly diverse city, and it differs significantly between boroughs. 

For example, the area in which your ideal home is located may have higher crime rates or less availability for good schools – there may be a reason why your ideal home hasn't been occupied yet. 

Even if this isn't the case, it's better to be safe. 

Book a Viewing 

No matter how confident you are, always book a viewing. 

A common occurrence that often happens with would-be homeowners in London is buying a property based purely on photos and descriptions alone. 

The motivations behind this are pretty logical, homes in London are hard to come by, better snag a house that seemingly looks perfect quick, right? Well, no. 

It's a sound argument, but unfortunately, it's just not a good idea. 

With the diverse talent pool in London, it's commonplace for talented photographers and copywriters to create the perfect pitch possible, only to leave you disappointed with the outcome.

Don't Settle

Going hand in hand with our first point, it's of the utmost importance you don't settle for a property you're not happy with when you are house-hunting in London. 

Due to both the high prices and the low availability of homes in London, it can lead to people getting whatever they can get their hands on, even if it's not satisfactory. 

It's much better to take the extra time house hunting rather than purchasing the first property you can afford. It may seem like a good idea at the time, and the excitement from finding a home in London can be overwhelming, but this decision may come to haunt you in the future.

Take Advantage of Home Inspections

Let's imagine you finally get your dream place in London. After what seems like endless years of struggle, you finally managed to find a place to call your home. 

That's great! The smartest move you can make after this is to book a home inspector to rule out potential problems. 

Due to the pain that can come with purchasing a home in London, it can lead to certain sellers taking advantage of this fact by not keeping homes in tip-top shape.  

A home inspection will ensure that any faults will most likely be paid for by the previous owner, no matter how small. This can save you a lot of hassle in the future, as well as some of your hard-earned money. 

Of course, if you go with a reputable real estate firm like us, then this won't be an issue. But it's something to watch out for with some of our competition. 

Conclusion 

Buying a home can become troublesome if you don't know what to look out for. We hope our article has been able to make your house-hunting journey easier. 

Although, quite a few of the points we mentioned can be completed negated by opting to go with us. Feel free to browse our website to see the latest property listings in London and get the added benefit of receiving the best service possible to make your task just that much easier. 

Good luck.  



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