How To Avoid Purchasing UK Property You Are Not Happy With

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How to Avoid Purchasing UK Property You are Not Happy With

description

Imagine purchasing your dream UK property, a place which was once a detached house for sale. It has inspired décor, pristine walls and everything else you could wish for. You’ve just signed the final papers and are about to move in when you realise there is a large case of damp, and there are insects infesting, what is no longer your dream home. It doesn’t sound like a dream, because this and worse can sometimes be the reality for hundreds of first time home buyers who don’t take the time to check whether their new home lives up to their standard. So how do you make sure you’re new property isn’t in a worse state then you thought it was? Read on to find out...

Transcript of How To Avoid Purchasing UK Property You Are Not Happy With

Page 1: How To Avoid Purchasing UK Property You Are Not Happy With

How to Avoid Purchasing UK Property You are Not Happy With

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Imagine purchasing your dream UK property, a place which was once a detached house for sale. It has inspired decor, pristine walls and everything else you could wish for.

Imagination

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You’ve just signed the final papers and are about to move in when you realise there is a large case of damp, and there are insects infesting, what is no longer your dream home.

In Reality

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This doesn’t sound like a dream, because this and the worse can sometimes be the reality for hundreds of First time home buyers who Don’t take the time to check whether their new home lives up to their standard...

Alert

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What you see is What you get

First things first – contrary to the popular belief there is no

such thing as a perfect house – Every property, even newly-constructed ones, will have some issue or another –

The Trick is →

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1. Make sure the home is free of any major problems before signing on the dotted line.

When buying anything, regardless of whether it is a house or not, purchasing a home is a financial transaction and should be treated as such.

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2. A high number of ‘First Time Home Buyers’ usually buy property emotionally. But it is best to Separate your emotions from the transaction. That way you will most likely look at whether it is worth your time and effort to invest in the home, and if any difficulties can be dealt with at a later date.

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3.

The most important tip for UK homebuyers is still to have a Licensed Surveyor to have a look at the house. This is absolutely necessary as the average UK homebuyer is not trained to look at homes the way a certified surveyor would. They will monitor and pick out potential problems that are occurring, and those which look likely to happen.

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Who Can You Trust

I bought a house I’m not happy with – Now What?

If you have purchased a UK home you are not happy with, you still have options. Depending on the reasons behind your purchase, you might even be able to get your Money back.

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For example, if you have been misinformed about the quality of specific Detached bungalows for sale or information has been omitted that might cause potential buyers to walk away, then you have grounds to sue.

In any case your solicitor will have the correct information on what steps you will need to take if you feel you have been ripped off and given a substandard house to live in.

Issue: 1

Solution:

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In the case in which the homeowner has not done their due diligence - he or she didn't conduct their proper research on the property and didn't hire a surveyor ?

Then there are even less options. Finding issues in the home that are unknown to the seller or Realtor is the sole responsibility of the potential buyer, so make sure you do your research.

Issue: 2

Solution:

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You can avoid many pitfalls by instructing a professional buying agent to work on your behalf and insure your interests are looked after throughout the purchase process.

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