First Time Buyer?
If this is your first house purchase, you might be considering using
an estate agent to find a property and deal with the detail of the
purchase.
Our experience of using agents to buy and sell houses is that they
will probably won't do as much as you might expect. But usually finding
the right house is the hardest bit, and then it's just following some
standard steps.
Simple Steps to Buying A House
- Find a property that's roughly in your budget - most banks,
building societies and mortgage providers will give you an indication
of what they'll lend you
without you having to make any formal application or commitment with
them.
- Call the owner to make an appointment to look around - owners are
often more flexible with timings in the evenings and at weekends than
agents are. You won't get pressured or hassled; the owner will just
walk round with you and give answers to any questions you might have
(such as "where's the boiler?", "where do you store the bins?", "when
were the windows replaced?")
- Make an offer to the owner - say what you're prepared to pay, even
if it might not be exactly the amount it's being advertised for. You
don't have to do it when you look around; you can call or e-mail later
once you've had time to think about it.
- The owner will tell you if they accept your offer or not.
- If the owner accepts your offer, you can contact a mortgage
company to get a mortgage arranged. They'll often recommend a
solicitor to you (to deal with the legal stuff) and a surveyor (who
will come round and check that house is sound), and often they'll
discount the fees.
- Your solicitor and surveyor will take care of everything else.
There's quite a lot of paperwork to sign, but it's all quite clear and
self-explanatory, and nobody will mind if you call and ask questions.
Your solicitors will deal directly with the owner's solicitors.
- If you want to do a follow up viewing, or measure up, you'll be
more than welcome.
- When you exchange contracts, you're committed to buying the house.
When you arrange contracts, you'll agree a moving-in date. On that
date, you'll pay for the house, get the keys and move in.
Why Are You Selling Directly?
We've been underwhelmed with the service we got from agents, and
rather than pay an agent thousands of pounds, we're doing it ourselves
(like a lot of other people). That means we can sell the house a little
cheaper and deal directly and openly with people.
Other Independent Seller Websites
Here are some other places that deal with selling houses directly,
and answering some of the questions first time buyers might have:
The Little House
Company
House Ladder
My Property For Sale
BBC's Guide to Buying A House
DirectGov - Government's Guide for First Time Buyers