Essential Guides & Advice Where To Buy A House

Date Published:

21/05/2008

When it comes to buying a house, most of us have a reasonable idea of what we like and dislike. For some buyers, it has to be a period property; for others, brand new and maintenance-free is the way to go. But sometimes the decision is less clear cut...

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If the priority is space and light, a good quality conversion flat could be a better bet than a Victorian terrace. Suburban semis might lack individuality, but they score for outside space and convenience.

Here are some ways to narrow down the search:

1. Start by setting a clear budget. 'First establish what you can afford,' says Hugh Dunsmore Hardy, chief executive of the National Association of Estate Agents. 'If you are selling your existing home, get a valuation so you know how much it's worth, and find out how much you can borrow.' Factor in legal and survey fees and, for homes over the limit, stamp duty.

2. Decide on the location. Buyers usually have a clear idea of where they want to live, sometimes only looking on two or three streets, but if your budget is tight, it can be worth looking a little further afield. Estate agents should be able to tell you about fringe areas that are improving.

3. Make a list of the points you are looking for in the property. This should include practical issues such as transport, local schools and parking as well as more aesthetic considerations such as the style of house and the arrangement of the rooms. You could even make two lists: one for considerations, such as schools, that depend on the area, and one for the type of house.

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