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Looking for a home is, and should be,
a lengthy process. After all, this is probably the largest
investment you’re ever likely to make. And you
can’t take it back and ask for a refund if it
turns out not to be the right one.
First of all, make a note of all the features
that you want from a home, listing them in order of
priority and with non-negotiable requirements at the
top. Then contact RNR and ask for any properties matching
your criteria. Also ask to have your details added to
our database, so that any future properties will be
sent on to you can register in person, by telephone
or online, where you can also search and save properties
in you own online account.
Once you have found a few properties you
like, contact us and arrange for a viewing. Before making
an appointment, ask the agent how long the property
has been on the market, how many people have viewed
it, and whether it is under offer. The answers to these
questions will reveal much about the property before
you visit it.
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When making appointments, you should
try and do so during daylight hours and allocate
enough time to view each property in detail. It
also helps if you don’t view a property
when you’re in the wrong frame of mind -
tired, hungry or generally fed-up – to avoid
making any rushed decisions. And if possible,
view the property with a member of your family
or a friend, both for sec urity reasons and also
for an objective second opinion.
The following are a few of the aspects
you should bear in mind while viewing a property,
although we always recommend that you seek a professional
survey.
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If the seller is present, you could ask
them, remembering always to be polite – it helps
future communications should you decide to buy. If they
aren’t, then ask the estate agent to find out
for you.
General
- Why is the seller selling?
- What fixtures and fittings are included
in the purchase price?
- Consider the layout of the house –
are there any odd-shaped rooms which it might be difficult
to get furniture or appliances into?
- Don’t be put off by the seller’s
décor – try to imagine the house with
your own style and furniture.
- Is the property well insulated?
Central Heating
- Is the central heating system in good
working order and efficient? How old is it? Is it
powered by gas or electricity? Ask to see a Winter
heating bill.
- How old is the boiler and piping? Are
they lagged? Lead piping will need replacing.
- How old are the plug sockets? Will
the house need re-wiring? Are there enough power points
to suit your lifestyle?
Structural
- Are there cracks in the ceilings and
walls or doors that don’t hang correctly? Does
the property have an uneven roofline or bent chimney
stack? This could be a sign of subsidence.
- Does the property smell damp? Look
for signs tell-tale signs such as walls which are
mouldy or damp to the touch, flaking paintwork or
peeling paper. On the exterior, look for missing roof
tiles and mortar? You should also be aware of newly
painted or papered walls, which could be
concealing such problems.
- Are the windows and frames in good
condition? If wooden, are they rotten or soft to the
touch?
- Are bathrooms and kitchens well-ventilated?
If not, there might be issues concerning
condensation.
- Are the wooden fixtures and fittings
free from woodworm?
Once you think you’ve found a property
and are confident that you can realistically afford
it, it’s a good idea to sit down and ask if it
ticks all of your boxes. Here are some of the fundamental
criteria that you should consider.
Probably top of your list is location.
It’s important to do your homework and research
the area before you view a house. By doing so early
in process, you could save yourself a lot of time and
effort. Even if you are able to get more for your money,
you can make changes to the house but not the neighbourhood.
So what’s the neighbourhood like?
- Is it the type of place you can imagine
living happily in?
- Who lives there – what do they
seem like?
- Are they the same sort of age as you?
- What type of amenities are there locally
- leisure facilities, activities for children, shops,
public transport etc – please visit the RNR
website for local information about Reading
- If you have children, are there children
of a similar age living locally?
- What are the local schools like? Do
they have a good reputation? Where are they in the
Government’s league tables?
- What is the level of crime in the area?
Ask at the local police station?
- How easy is it to reach your place
of work?
- What council tax band will you be in?
And how much will it cost?
- Is there enough space for car parking?
- What condition are the neighbouring
houses in? If they are in a state of disrepair, it
could adversely affect the value of your property.
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By simply driving around an area
will give you a good idea of what it’s like.
Another good source of information is the local
council and regional authority web sites? You
will find a list of useful links to websites like
these on www.rnrproperties.co.uk
Do you want a new or older
property? The character of older properties
comes with its costs, mainly in terms of maintenance
and heating. While some new homes will cost more
or require you to buy before the property is complete.
There could be benefits of purchasing a new home
– some developers will often include complimentary
extras such as carpets and fitted kitchens.
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Once you’ve found a property that
you like, make sure that you learn as much about it
as possible. Look at it from every angle and make notes
which you can refer to later, which you can compare
with other properties and which may help you ask important
questions at a later stage. If you can, make at least
two visits – one during daylight and another at
night. Perhaps visit during rush hour to get an idea
of the amount of traffic which uses the road.
All properties in England and Wales are
either freehold or leasehold.
Freehold means that you fully own the property and are
responsible for its maintenance and repair. Whereas
leasehold means that you own the property for as long
as is specified in the lease and are granted the right
to live there by the freeholder. At the end of the lease
the property again returns to the ownership of the freeholder.
You should not purchase a property with leasehold of
less than 60 years.
If you are considering the purchase of
a leasehold property, you must check who is responsible
for the maintenance and repair of the property as well
as any other conditions you must meet as a resident.
You must also pay a ground rent to the owner of the
land (the freeholder), usually a small amount paid each
year. Your solicitor should check that the seller is
up to date with ground rent payments before you sign
the contract.
As a leaseholder you have the right to
extend the lease for 90 years or even to buy the freehold
if certain criteria are met, although the application
process is costly and lengthy. Contact the ‘Leasehold
Enfranchisement Advisory Service’ for more information.
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