Daft.ie Insights
Mar 21, 20172 min
Updated: Sep 1, 2021
Buying a house is an exciting time, but can be a lengthy process with lots of hidden costs along the way. Here are a few tips to make sure buying your new home goes smoothly.
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Make sure all your finances are in order, clear down your debts where possible and have proof of a regular savings habit.
Remember, when buying a house, it may be better to buy the worst house in the best area, than the best house in the worst area, so choose where you want to live carefully. That means getting a general feel for the area and considering things like schools, transport links and local amenities.
As well as the cost of the house itself, remember to budget for all the other costs involved too, including; house insurance, mortgage protection, surveyor, solicitors fees, moving costs and furniture.
Write down a complete list of questions to ask the Estate Agent when you’re seriously considering buying a house, e.g., the history of the house, if it’s listed, if the extension has planning permission, if any work has been carried out recently, what the parking situation is, what situation the vendors are in, if there are any future building/transport works planned in the area etc…
You think you’ve found the perfect house, but everyone has an upper limit. So if you lose a bidding war, don’t despair, there’ll be another house for you along soon!
When everything is signed and sealed the next most important purchase is home insurance. You will need cover for the contents of your house and also the cost of rebuilding your house if the unthinkable happens.
Get a home insurance quote for as little as €27 per month with Liberty Home Insurance