Tips from our E16 estate agents for avoiding mistakes when buying a home

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When you decide to buy a new home in London, whether it’s your first or last purchase, you want a place that you’ll love to live in.

Our Royal Docks estate agents are here to help you find the perfect home for you to buy in E16. See our tips on how to avoid common mistakes made when purchasing a property.

What features do you need from your new home?

Before you even start looking for your property, make sure you know what it is you will need from it.

Know how much space you need. Do you need a guest bedroom? Will your family be expanding in the future? If you are downsizing, will your grandchildren be coming to stay? Do you really need a big garden? Is a large kitchen your dream? How far of a commute are you really willing to make?

There will be no need to repent at leisure if you follow our advice and take some time before making that purchase.

Make a list of your ‘must haves’ and your ‘would like to haves’. Know what you will compromise on when you are looking and what you absolutely cannot concede. One thing is for certain, you will have to compromise on something. Best get clear in your mind what you are willing to forgo for the sake of something more important.

If you are not buying alone align with your partner. It saves some awkward moments at viewings if you both know what each other wants.

Research and preparation are the real keys when buying a property in London

Make sure your finances are sound before you commit to a purchase. Knowing your mortgage costs is great but have you budgeted for all of the other things? If you budget with a contingency in mind you are on safe ground. Something will always need to be done in a home.

Many people that buy older houses simply don’t realise the amount of work needed. It looked great when it was all dressed up and ready to go but in the cold light of day it’s looking more tired. It happens. Having the budget to give the property a lift can be the key to loving your new home instead of regretting it’s purchase.

Other factors that should be taken into consideration on your search is the neighbourhood and the neighbours themselves. See our Area Guides for some of London’s popular residential locations to get an overview of the area.

A trick to living happily ever after is to visit the property you are intending to purchase at different times of the day and night. That way you can see for yourself if it really is somewhere you would love to call home.

Looking to buy property in Royal Docks?

We have a range of properties for sale in Royal Docks, E16 and surrounding areas. If you would like any more advice on purchasing a property, give us a call. We would love to help you in your search for that new home.

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