EDINBURGH PROPERTY AND LEGAL SERVICES

Looking for Estate Agents or Solicitors in Edinburgh a Guide to Buying Property

1. Can you afford to purchase and pay all the fees and monthly costs? 

Mortgage

life Assurance

Home Insurance

Council Tax

Gas

Electric

TV Licence

Broadband

Telephone | mobile

Household cleaning

Food and Drink (weekly shop).

Clothes

Birthdays, Christmas, etc 

Things to find out before buying a property.

1. Can you afford to purchase and pay all the fees and monthly costs? 

 THE MORTGAGE  

 How much can you borrow ?

 What is the deposit required ?

 What will the monthly cost be ?

 What type of mortgage is it ?

 Is there any arrangement fees ?

 Is there any compulsory insurances ?

 Will there be penalties if you move to another company or change product ?

 What is the variable rate on the mortgage product when the initial product ends ?

When you know how much you can borrow, plus the deposit you have available to you

and you can afford the monthly costs.

Find out the council tax charges

You now know the house prices you can look at.

Find out the cost of all the Solicitor's Fees. 

WHEN LOOKING FOR A HOUSE, THINGS TO THINK ABOUT. 

Which area you would like to live in ?

Is there good transport links to your work and the city centre ?

Who are your neighbours ? (not just next door but all that will be in earshot)

Is there a neighbourhood watch ?

Where are the nearest Shops ?

Is there a play park nearby ?

Where is the nearest school ?

Are there any pubs or clubs with late licences nearby ? 

 

ALWAYS GO TO THE AREA WHEN SCHOOLS GET OUT.

EARLY EVENING (5-7PM),   (10-12PM)       (2-4AM)

Do you share any paths driveways or roof space ?

Are you responsible for any factoring costs ?

Is there any plans for developments in the area ?

When was the roof last repaired ?

When was the boiler checked last ?

Is there gas and electric supplies to the property ?

What is the broadband connection like ?

Is it fibre broadband or dish ? 

Which way does the property face ?

Does the property benefit from good natural light ?

HAVE YOU FOUND THE RIGHT HOUSE ?

© 2016 by All About Edinburgh. 

started 16 / 03 /2017

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