Top tips for

first time buyers

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© Purplebricks Group plc  |  All Rights Reserved

© Purplebricks Group plc  |  All Rights Reserved

Authorised and regulated by the Financial Conduct Authority

FOLLOW US ON

TRUSTED & LOVED


Make the most of your chain-free status

You’ll hear a lot about ‘chains’ when buying a house. The longer the chain, the more complicated and prolonged the process can be.

That’s why people love selling to a first time buyer - you’re chain free and usually in a position to move quickly. Make sure you’ve got your mortgage and finance all sorted too, so you’re 100% ready to go.

And then don’t forget to make sure everyone knows your position - it’ll make you more attractive as a buyer - sometimes sellers will even take a lower offer from a buyer who can move very quickly.

1

A little TLC can go a long way

The housing market is very busy at the moment and it can be very competitive for first time buyers to get their foot on the housing ladder.

While you probably don’t want a full on ‘DIY SOS’ project, seeing through some questionable wall colours or a dodgy bathroom suite could definitely be worth your while. If you can find a solid and well-built property in need of some DIY TLC, you’re likely to get more for your money than buying a property where someone else has already done the hard work.

2

Look a little further afield

You may have set your heart on where you want to live, but popular places usually have the price tag to go with it.

If you’re able to extend your search area - or even look somewhere new - you may well get more for your money.

If your situation allows home working and you don’t have to worry about the commute, maybe have a rethink about where you want to buy and see what more your budget might get you.

3

This is a heat map showing Purplebricks' properties around the UK under £200,000 - the average search value of properties for first time buyers. With the market being so competitive at the moment, people are starting to look further afield when searching for their first home. The map lets new buyers see at a glance where the richest pickings can be found across the country.