What you really need to know about buying a house
Thinking of getting on the property ladder? Buying a house is an exciting time but can be a lengthy process with lots of hidden costs along the way. Whether you’re a first-time buyer or you’re investing in a second home, here are a few tips to make sure buying your new house in Ireland goes smoothly.
Everything you need to know about buying a house
Getting mortgage approval
Before you get mortgage approval, you’ll need to 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
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. Remember to budget for all the other costs involved too.
There’s no such thing as a silly question
Not sure what to ask your Estate Agent? Here’s a handy list of questions to write down and ask when you’re seriously considering buying a house:
- 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
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*.
*This benefit is only included on Content cover. To view our Home features & benefits, click here.
Liberty Insurance can help you protect your most valuable possessions with great value home insurance. Whether you’re a first-time buyer, a renter or a landlord, you’ll find a policy that works for you. Get a quote now and find the right home insurance for you.