3 Common Nightmares to Avoid When Buying a House
When it comes to purchasing a home, the process can feel overwhelming but it doesn't have to be. At Fisher and Partners, we believe that informed decisions lead to smoother moves. Over the years, we've seen it all and we're here to help you sidestep some of the most common challenges. Here are three pitfalls to look out for when buying your next ho
1. Be Cautious When Giving Notice
If you're moving from a rental property into a new home, timing your notice to end your tenancy can be tricky. While it may be tempting to align your notice period precisely with your intended move-in date to save on rent, unexpected delays are not uncommon in the buying process.
Completion dates can shift, sometimes due to events entirely outside of your control, such as delays in the property chain or last-minute issues with releasing funds. The result? You may find yourself between homes.
Before giving formal notice, have an open conversation with your current landlord. In many cases, a flexible or rolling notice can give you the breathing space you need, should things take longer than expected. A little caution now can prevent a lot of stress later.
2. Triple Check All Your Costs
Buying a property comes with more costs than just the asking price and they can add up quickly. From solicitor fees and surveys to stamp duty, removals, and mortgage-related costs, it's vital to budget accurately and allow for contingencies.
Unexpected extras, such as administrative charges, loan payoffs, or last-minute adjustments, can surprise even the most organised buyers. We recommend keeping a dedicated breakdown of all known and potential expenses, and having a financial buffer to accommodate any surprises along the way.
3. Don’t Underestimate Moving Day
Moving day can be unpredictable and often exhausting. Whether you're handling the move yourself or hiring a removals team, preparation is key. Make sure you’ve accounted for potential delays, traffic issues, or miscommunications with movers.
Pack a separate 'first-day essentials' box containing key items like toiletries, chargers, snacks, important documents, and a change of clothes. You’ll thank yourself when the kettle's on and the bed’s made, even if the Wi-Fi isn’t sorted yet.
Thinking of buying or selling a property?
At Fisher and Partners, we offer a bespoke, service-led experience designed to make your move as smooth and rewarding as possible.
If you're looking to sell your property, we'd be delighted to offer you a free market appraisal. Contact your local managing partner and we’ll arrange a time to chat. We’d be delighted to hear from you.