Moving into a new home should be one of the most exciting times in your life but, all too often, it’s fraught with worries and anxiety.
While house viewings and contract exchanges can be understandably nerve-wracking, you should be able to look forward to arriving at your new abode without any niggling doubts at the back of your mind.
If past experience has left you wary of turning up at your new front door to find a host of surprises lurking behind it, you may be dreading your next house move.
From untidy rooms and overgrown gardens to missing floorboards and rising damp, there are endless reasons why your new home may look a little different to when you last viewed the property.
Fortunately, there is a way to ensure you’re not caught out by any hidden problems when you next embark on a house move. With these four essential checks, you can ensure your new home really is as good at looks:
- CCTV Drain Survey
When viewing a property, few potential buyers consider the plumbing and facilities.
Other than running a tap or asking the owners if there are any issues, most people carry out no investigations before making an offer on a property. Unfortunately, this often proves to be a costly mistake.
Buying a property with existing drainage issues could leave you facing large bills and extensive work before you’ve even had the chance to move in.
By having a domestic CCTV drainage survey carried out, however, you can identify any current or existing problems before you decide whether or not the house is right for you.
While drainage issues may not prevent you from buying a particular property, they could affect how much you’re willing to offer.
If issues are identified during a drain survey and work is required, for example, you could lower your offer to offset the cost of the work that needs to be carried out.
- Crime Rates
As well as familiarizing yourself with a property before you sign a contract, take the time to get to know the area too. If you’re moving to an entirely new town or city, you’ll want to search local crime rates, school OFSTED reports and even employment rates.
This can all give you an indication of what life in the area will be like and how easily you’ll be able to find a job.
However, it’s vital to carry out these checks when you’re moving somewhere locally too. Although you may live relatively closely to your potential new home, don’t make the mistake of assuming you know the area.
Boroughs and regions can vary dramatically, even if they’re fairly close geographically. By taking time to get to know the area properly, you can ensure that you’ll feel safe and secure in your new environment.
- Property Surveys
If you’re applying for a mortgage to fund the cost of your new home, your lender may insist that you have a property survey carried out as a condition of the loan.
However, it’s always advisable to arrange for a chartered surveyor to carry out a survey, even if you aren’t required to do so.
Furthermore, homeowners can save time, money and hassle by having a comprehensive survey carried out.
While a Condition Report can be obtained for around $370, it’s the most basic type of property survey available. In contrast, a Building Survey carried out by RICS surveyors costs upwards of $600 but is much more detailed in terms of what’s assessed.
- Land Registry
When you view a property, you probably take it for granted that the people claiming to own it actually have the right to sell it. In most cases, you’d be right, but you’ll be surprised to learn just how many sales fall through when charges on the property are uncovered.
During the purchase process, your solicitor should check the Land Registry to ensure that there are no other claims on the property.
However, you’ll need to pay your solicitor’s legal fees in order for them to do this and it may not happen straight away.
By checking the Land Registry yourself, you can ensure that they’ll be no nasty surprises further down the line and can move forward with your negotiations without any worries.
Buying a New Home
Whether you’re a first-time buyer, a family homeowner or you’re purchasing a property for investment purposes, it’s always good to be cautious.
By carrying out the appropriate checks, you can streamline the sales process, save money in the long-term and look forward to enjoying your new home.