01/02/2015

Buying a home | Top tips for once your offer is accepted

There are lots of online guides offering help for what to do when your offer is accepted (nationwide has a good one here), so I won't go into detail on the actual process. Instead here are some top tips learned from experience, a few things that the various people involved might not tell you.


Use a local solicitor
For some reason (alright, there's probably a very good one) solicitors insist on posting a lot of documents, using a local solicitor will mean you can collect and drop things off when necessary and cut out postage times. They also have better local knowledge and often a good relationship with your estate agent which can help. It’s best to try and find someone who has been personally recommended – by a friend or relative, the ones recommended by either your mortgage company or estate agents might not be the best. Get quotes from at least two as well, to check they’re reasonably priced.

Don't start 'moving in' emotionally
Sorry this is a bit of a depressing one, but until you actually exchange contracts there is still a lot that can go wrong. By all means celebrate your accepted offer, but I wouldn't recommend buying your paint. It's hard not to start planning and buying bits, especially when you're a first time buyer, but it makes it much worse if things go wrong (trust me on this!). Take it one step at a time.

Shop around for insurance quotes
Don't just take the home, contents and life insurance offered to you by your mortgage provider. We'd got to the point of being bamboozled by all the little costs associated when buying a house (lots of them, like particular searches and reports you have no choice over) so it's easy to get stuck into saying 'yes' just to keep the process moving. But set one evening and do some comparison quote searches for your insurances. You'll most likely find a better deal by going direct to a company rather than through your mortgage provider.

I'd love to hear any more tips you might have, leave them in the comments. Up next – moving day and what not to do (learn from our mistakes!). Don’t forget you can also look back at three things I learned when searching for a house.

4 comments:

  1. Love this post, we have had an offer accepted but it is taking forever! I am consciously trying not to get my heart too set on the house in case things fall through but fingers crossed it will be fine!

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    1. Good luck - it's worth all the stress in the end! :)

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  2. I'm so glad we didn't have to deal with solicitors, luckily here in Michigan, while is it law in some states to complete a house buying purchase with them, we didn't need one. It's that straight forward to go through with it by yourself thankfully!

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    1. Lucky you! I don't think it's straight forward enough here to do without sadly!

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