What you really need to know about buying a house

By Liberty Insurance on 15 April 2015

Buying a house is an exciting time, but can be a lengthy process with lots of hidden costs along the way. Here are a few tips to make sure buying your new home goes smoothly.

Make sure all your finances are in order, clear down your debts where possible and have proof of a regular savings habit.
Getting mortgage approval

Make sure all your finances are in order, clear down your debts where possible and have proof of a regular savings habit.

Location, location, location

Remember, when buying a house, it may be better to buy the worst house in the best area, than the best house in the worst area, so choose where you want to live carefully. That means getting a general feel for the area and considering things like schools, transport links and local amenities.

Have a budget and stick to it

Remember to budget for all the other costs involved too.

As well as the cost of the house itself, remember to budget for all the other costs involved too, including; house insurance, mortgage protection, surveyor, solicitors fees, moving costs and furniture.

There’s no such thing as a silly question

Write down a complete list of questions to ask the Estate Agent when you’re seriously considering buying a house, e.g., the history of the house, if it’s listed, if the extension has planning permission, if any work has been carried out recently, what the parking situation is, what situation the vendors are in, if there are any future building/transport works planned in the area etc…

Write down a complete list of questions to ask the Estate Agent.

When buying a house, don’t get too attached

You think you’ve found the perfect house, but everyone has an upper limit. So if you lose a bidding war, don’t despair, there’ll be another house for you along soon!

Choosing the right home insurance cover

When everything is signed and sealed the next most important purchase is home insurance. At Liberty Insurance our New For Old promise means if the worst happens, your contents will be replaced with new ones. And half of our home customers pay €26 or less a month. Find out more here.

When everything is signed and sealed the next most important purchase is home insurance.

We will replace, or pay to replace, items stolen or damaged beyond repair with a new item. 50% of all home customers between Jan and Jun 2017 paid €312 excluding optional covers. Excludes fee to pay monthly. Subject to a minimum premium of €225 on Buildings and Contents, €180 on Buildings Only and €110 on Contents Only. Terms and conditions apply.

Find the right home insurance for you.

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