What To Look For When Buying A Property
Vital Checks To Make When Buying Your Dream Home
The suspension of stamp duty provides buyers a chance to move without some of the added costs.
Lasting till the end of March, the suspension has led to house asking prices rising by 6.6% in the final quarter of 2020 compared to the same period in 2019.
When looking for a new home, it is vital for buyers to have a list of what is important to check, so that they’re not left with any nasty surprises later on down the line.
So, we asked homeowners about the checks they make when looking for a new house, revealing that over three quarters (76%) fail to check for what experts describe as some of the most important issues to look out for.
The Correct Property Checks
Following a Which? report revealing that 11% don’t conduct any checks when viewing a property, we asked Andrew Weir, Real Estate Investment Advisor at London Central Portfolio, to explain why we need to make checks before buying.
Of the 1,003 homeowners we polled, over 60% admit to not making what experts rate as the most important checks to do and things to look out for when viewing a property.
Nearly two thirds (61%) don’t check for mould which experts explain is the most important thing to look out for.
When it comes to mould, Andrew explains that if it is minor it won’t cause problems but should still be treated immediately.
If it is at the bottom of walls and in dark furry patches, it could be rising mould and the longer it is left the more damaging it can be to a property; potentially leaving you with a huge bill to fix, and in some cases demolishing the room.
Check The Bathroom Breeding Ground!
Bathrooms make for the dream breeding ground for mould with perfect settings of warmth and damp air.
If this collects around grouting and taps it can be easily removed with a spray cleaner.
Rising damp which can look like a collection of dark fuzzy patches from the floor upwards and into the walls can be an expensive job to fix and best left to the professionals.
Damp, Mould & Water Pressure Checks!
Brits Don’t make Enough Checks!
The research shows that Brits don’t focus too much on checking for problems when viewing a house, with simple things being missed such as grout (76%), whether the toilet flushes (78%) and the size of the room or features (87%).
Finding out later on that the dream house you thought you bought has many problems will leave you with a real financial headache.
So, spend an extra few minutes when going around the house to ask questions and make the checks needed.
It’s not a big task compared to how long you will spend in your new home, so make sure you speak up, or you’ll be facing the consequences when you should really be enjoying your new home!
John loves reading design blogs and bringing those ideas to the Big Bathroom Shop Inspiration pages. When he isn’t reading or writing copy, you’ll find him reaching out to industry experts to get all of the latest bathroom news.