this! Definitely go to an independent financial advisor - they will do all the leg work for you and explain the entire process. You don’t pay them directly but if you take out a mortgage/product that they have recommended, they then receive money from the provider I.e the bank. If you go directly to your bank they are just going to tell you about their products which is very limiting and you can also end up paying more in fees/a higher rate.I see you've already had conflicting advice but definitely don't go with your bank in the first instance - talk to an independent mortgage broker/financial adviser, one with access to the whole of the market, so you get the best deal/rate out there, not just what your bank will offer you.
You don't need to make an offer on a house via a solicitor either.
I would definitely have a survey done, especially if someone else offered then pulled out. Makes you wonder if there’s something you might not have noticed/been told about it yet. You probably know this already but with flats remember to check the length of the lease remaining too.Hi everyone, I’m a first timer buyer and looking for some advice…
my boyfriend and I are looking at flats in London, we have found a really lovely 2 bed, with a garden and separate living room and kitchen and it’s own entrance. The asking price is £500k. We went to view it, and it is really lovely, it is in the location we currently are renting in, so we know we like the area. The only downside, is that it backs onto the train line, you couldn’t hear the train when inside, but obviously when in the garden you can, so we are abit apprehensive about that.
Now this is where we are confused, we have looked online at the history of the property, and the current owners bought it in April 2020 for £461k .. since then, they have made the garden abit nicer, added fitted wardrobes, painted and added carpets in the bedrooms, but to me all of that is just cosmetic and tbh personal preference and doesn’t justify the Property being up for £40k more than 1 year ago.. when I look at other properties on the street, a 3 bed flat with a garden sold in December 2020 for £470k, a 3 bed terraced house sold in September 2020 for £480k. I just don’t think the price is justified.. and I know that we can offer whatever we want and what we think the flat is worth, but it just makes me question it..
I also wonder why they are moving after only 1 year, they have said that their family is expanding and so they are looking to upsize in the same area, they don’t have a kid already, so if they are having their first child, why would they not stay in the same flat, as it has 2 bedroomsJust seems a bizarre thing to do considering they bought it 1 year ago.
we were told that they had an offer accepted on the flat 2 weeks ago, but those buyers pulled out, which makes me wonder.. why..
I just have a weird gut feeling about it, despite loving the flat a lot
what do you guys think?
Go with your gut feeling. If something about it feels off, it’s probably because it is. Trust your gut and look for something else.Hi everyone, I’m a first timer buyer and looking for some advice…
my boyfriend and I are looking at flats in London, we have found a really lovely 2 bed, with a garden and separate living room and kitchen and it’s own entrance. The asking price is £500k. We went to view it, and it is really lovely, it is in the location we currently are renting in, so we know we like the area. The only downside, is that it backs onto the train line, you couldn’t hear the train when inside, but obviously when in the garden you can, so we are abit apprehensive about that.
Now this is where we are confused, we have looked online at the history of the property, and the current owners bought it in April 2020 for £461k .. since then, they have made the garden abit nicer, added fitted wardrobes, painted and added carpets in the bedrooms, but to me all of that is just cosmetic and tbh personal preference and doesn’t justify the Property being up for £40k more than 1 year ago.. when I look at other properties on the street, a 3 bed flat with a garden sold in December 2020 for £470k, a 3 bed terraced house sold in September 2020 for £480k. I just don’t think the price is justified.. and I know that we can offer whatever we want and what we think the flat is worth, but it just makes me question it..
I also wonder why they are moving after only 1 year, they have said that their family is expanding and so they are looking to upsize in the same area, they don’t have a kid already, so if they are having their first child, why would they not stay in the same flat, as it has 2 bedroomsJust seems a bizarre thing to do considering they bought it 1 year ago.
we were told that they had an offer accepted on the flat 2 weeks ago, but those buyers pulled out, which makes me wonder.. why..
I just have a weird gut feeling about it, despite loving the flat a lot
what do you guys think?
If one of them works from home permanently or will be doing so then a child on the way means that they will immediately need another bedroom.Hi everyone, I’m a first timer buyer and looking for some advice…
my boyfriend and I are looking at flats in London, we have found a really lovely 2 bed, with a garden and separate living room and kitchen and it’s own entrance. The asking price is £500k. We went to view it, and it is really lovely, it is in the location we currently are renting in, so we know we like the area. The only downside, is that it backs onto the train line, you couldn’t hear the train when inside, but obviously when in the garden you can, so we are abit apprehensive about that.
Now this is where we are confused, we have looked online at the history of the property, and the current owners bought it in April 2020 for £461k .. since then, they have made the garden abit nicer, added fitted wardrobes, painted and added carpets in the bedrooms, but to me all of that is just cosmetic and tbh personal preference and doesn’t justify the Property being up for £40k more than 1 year ago.. when I look at other properties on the street, a 3 bed flat with a garden sold in December 2020 for £470k, a 3 bed terraced house sold in September 2020 for £480k. I just don’t think the price is justified.. and I know that we can offer whatever we want and what we think the flat is worth, but it just makes me question it..
I also wonder why they are moving after only 1 year, they have said that their family is expanding and so they are looking to upsize in the same area, they don’t have a kid already, so if they are having their first child, why would they not stay in the same flat, as it has 2 bedroomsJust seems a bizarre thing to do considering they bought it 1 year ago.
we were told that they had an offer accepted on the flat 2 weeks ago, but those buyers pulled out, which makes me wonder.. why..
I just have a weird gut feeling about it, despite loving the flat a lot
what do you guys think?
My friend lived in a maisonette, which is what you are describing. From the outside it looked like a house but they only owned the ground floor.Has anyone bought a flat that is not in a flat building, it’s just one floor of a house. I’ve seen one I like that’s in a nicer area than I’d probably be able to afford otherwise. It’s 2bed which is what I’m looking for, separate kitchen and living room, a conservatory, parking and a private garden. But I’ve read to avoid flats if possible due to noise but mostly read about flat buildings. Just wondering if anyone had experience living in this kind of flat? I work nights so not sure if it would be too noisy as it is the bottom floor.
The houses I could afford are in not as nice areas, 2/3bed usually with a smaller garden and no allocated parking.
Havnt bought, but I currently live on the ground floor of a flat like this, noise is never a problem for us tbh except ocassionally when the kid upstairs jumps around, it depends on the neighbours I guessHas anyone bought a flat that is not in a flat building, it’s just one floor of a house. I’ve seen one I like that’s in a nicer area than I’d probably be able to afford otherwise. It’s 2bed which is what I’m looking for, separate kitchen and living room, a conservatory, parking and a private garden. But I’ve read to avoid flats if possible due to noise but mostly read about flat buildings. Just wondering if anyone had experience living in this kind of flat? I work nights so not sure if it would be too noisy as it is the bottom floor.
The houses I could afford are in not as nice areas, 2/3bed usually with a smaller garden and no allocated parking.
House prices have risen due to the stamp duty holiday and lockdown has made people realise they need more space inside for office space and a garden! Flats harder to sell and houses expensive and selling very quickly!Hi everyone, I’m a first timer buyer and looking for some advice…
my boyfriend and I are looking at flats in London, we have found a really lovely 2 bed, with a garden and separate living room and kitchen and it’s own entrance. The asking price is £500k. We went to view it, and it is really lovely, it is in the location we currently are renting in, so we know we like the area. The only downside, is that it backs onto the train line, you couldn’t hear the train when inside, but obviously when in the garden you can, so we are abit apprehensive about that.
Now this is where we are confused, we have looked online at the history of the property, and the current owners bought it in April 2020 for £461k .. since then, they have made the garden abit nicer, added fitted wardrobes, painted and added carpets in the bedrooms, but to me all of that is just cosmetic and tbh personal preference and doesn’t justify the Property being up for £40k more than 1 year ago.. when I look at other properties on the street, a 3 bed flat with a garden sold in December 2020 for £470k, a 3 bed terraced house sold in September 2020 for £480k. I just don’t think the price is justified.. and I know that we can offer whatever we want and what we think the flat is worth, but it just makes me question it..
I also wonder why they are moving after only 1 year, they have said that their family is expanding and so they are looking to upsize in the same area, they don’t have a kid already, so if they are having their first child, why would they not stay in the same flat, as it has 2 bedroomsJust seems a bizarre thing to do considering they bought it 1 year ago.
we were told that they had an offer accepted on the flat 2 weeks ago, but those buyers pulled out, which makes me wonder.. why..
I just have a weird gut feeling about it, despite loving the flat a lot
what do you guys think?
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