Searching for the perfect home to buy is an exciting time and it can be all too easy to be swept up in the thrill of the chase. However, no matter how exhilarating the viewing process may be, it’s important to always stay focused and to make sure that the property ticks all of the essential boxes before rushing into making a purchase.
Taking the time to thoroughly assess each property’s attributes and to determine whether it is actually the right choice is key to avoiding an expensive mistake.
Choosing the right area
Anyone who is keen to buy in London needs to find the right area to suit their needs – from families looking for a child-friendly environment close to good schools and local amenities, to young professionals who want the convenience of a central location and proximity to public transport links.
Natalie May, Henry Wiltshire estate agent at Canary Wharf, reminds buyers not to rush the process of choosing the right place to live. “While it may be tempting to have a quick look around an area and decide that it’s perfect, I always recommend that buyers take their time before they make a final choice.” She says.
“I suggest taking the time to walk around and explore, looking out for the important amenities such as parks, bus stops, schools, and supermarkets before even arranging a viewing to get a true feel for the area. Visiting on several occasions, both by day and by night, will help to give an even stronger impression of the general ambience of the property’s location and help buyers to make a fully informed decision.”
Assessing the building’s condition during the property viewing
No matter how perfect a property may seem on the surface, it is always vital to find out what is going on beneath. Is it structurally sound or will it require work to be carried out imminently? Buyers should be on the lookout during their viewing for any potential expenses for replacing an old boiler, repairing a leaky roof, or dealing with a damp problem.
It’s also important not to focus solely on the interior of the property but to spend some time outside too. Buyers who fail to carry out an external inspection could easily miss problems such as missing roof tiles or cracked brickwork which could result in costly repairs.
Ticking the boxes for your property requirements
Every buyer has a checklist of essentials that they are looking for in a new home, however it can be very tempting to let it all go out of the window when carried away with the excitement of viewing what appears to be the ideal property.
It’s always important to make sure that it can satisfy the basic requirements, such as the right number of bedrooms, an outdoor space or an en suite bathroom. No matter how wonderful the walk-in wardrobe or in-built hot tub may be, if the property is just too small, in the wrong location, or would need extensive renovations, it would be a most unsuitable choice. Buyers should remember to ask themselves some basic questions to assess the suitability of the property before they make the decision whether or not to buy.
Buy property in Canary Wharf
Natalie and the Henry Wiltshire Canary Wharf team are highly experienced in the London property market and can help you to find the perfect home. Get in touch on 020 7001 9160 and start your search today.