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Category: Buying A Home

How to be fully prepared for a mortgage application

Posted on by Sophie Winter

Embarking on the path to homeownership is exciting, and being well-prepared for a mortgage can make the journey much smoother. Whether you’re a first-time buyer, remortgaging, or relocating, a bit of preparation can streamline the mortgage process. Here’s how to get yourself fully prepared for a mortgage application.

Steps to get prepared for a mortgage

It’s smart to start getting prepared for a mortgage at least six months before applying. This allows plenty of time to gather necessary documents and review your finances.

When applying, lenders will assess your ability to afford monthly mortgage payments. First-time buyers might need additional paperwork, while current homeowners will still need to prove they can manage the financial commitment. Preparing well in advance strengthens your application and boosts your chances of approval.

Key ways to prepare for a mortgage

Review Loans and Debts

Your existing loans and debts, such as credit card balances or personal loans, will be scrutinised by lenders. Aim to pay off as much debt as possible before applying, as this can enhance your financial profile. Additionally, avoid taking on new loans close to your application date, as they can impact your affordability assessment.

Stay Current on All Payments

Showing a consistent track record of on-time payments is essential. This includes paying rent, council tax, and other recurring bills promptly. Late or missed payments negatively impact your credit score, which can make mortgage approval more challenging.

Register on the Electoral Roll

Registering to vote at your current address can boost your credit score by verifying your identity and residence. Also, ensure all your bills and accounts are updated to your current address to make documentation smoother when it’s time to apply.

Establish a Savings Record

Regular savings habits reflect financial stability, which is highly favorable when applying for a mortgage. A healthy savings balance not only demonstrates where your deposit is coming from but also signals financial discipline to lenders.

Check Your Credit Score

Your credit score is an essential factor in the mortgage approval process, as lenders use it to assess your creditworthiness. Regularly checking your credit report and improving your score if needed can make a positive difference. While a low credit score doesn’t necessarily prevent mortgage approval, it can add complications.

Maintain Stable Employment

Lenders prefer applicants with steady employment and a reliable income. If you’re considering changing jobs, it may be wise to wait until after your mortgage is secured. If you’ve recently started a new position, try to stay in it for at least six months to demonstrate financial stability. You’ll likely need to provide recent payslips as part of the application process.

Need help with getting ready for a mortgage?

If you’d like expert help in preparing for a mortgage, our experienced and partnered mortgage broker, The Residential Mortgage Hub are here to help you. They can provide insights and advice tailored to your situation, making the process more straightforward and stress-free.

Contact us today to discover how they can guide you in finding the right mortgage to fit your needs.

Recent Articles

The step-by-step guide to buying a house in Medway

Posted on by Sophie Winter

Buying a house in Medway is a significant journey that can be made easier by breaking it down into these 8 essential steps. Though it may seem complex, our team is here to guide you at every stage.

Get a Mortgage in Principle (MIP)

The first step toward purchasing a house in Medway is securing a Mortgage in Principle (MIP). This involves meeting with a lender or mortgage adviser, who will review your finances and determine the loan amount you’re eligible for. Having an MIP demonstrates to estate agents and sellers that you’re ready and able to proceed with a purchase.

Depending on the lender, this initial check may be a soft or hard credit check. An MIP typically lasts from 30 to 90 days. You can book an appointment with our partnered and qualified mortgage advisers online here.

Start house hunting and choose your ideal property

With your MIP in hand, the exciting phase of house hunting can begin! Partnering with estate agents, you’ll view houses in Medway that meet your budget and preferences. Once you find a property you love, you’ll submit an offer. The seller may accept, reject, or counter your offer. If accepted, you’re ready to move on to the next step. Check out our available properties for sale to get started on finding your ideal house in Medway.

Complete your full mortgage application

After your offer is accepted, you’ll proceed with a full mortgage application. Lenders typically set a loan-to-value (LTV) limit, defining the maximum loan they’ll offer as a percentage of the property’s value.

Arrange a building survey (optional)

As part of the process of buying a house in Medway, consider arranging a building survey when completing your mortgage application. This helps identify potential issues with the property. The Royal Institution of Chartered Surveyors (RICS) offers access to qualified surveyors, and surveys are available at three levels:

Level 3 – Full Building Survey: Ideal for older or unique properties, this in-depth report provides guidance on repairs, renovation, and maintenance. Cost: £600-£1,500.

Level 1 – Condition Report: A basic inspection suitable for newer properties in good condition. It identifies major issues and urgent repairs. Cost: £400-£950.

Level 2 – HomeBuyer Report: For properties in fair condition, this survey also assesses necessary repairs and provides a market valuation. Cost: £450-£1,000.

Hire a Conveyancer

Next, you’ll hire a solicitor or licensed conveyancer to handle the legal transfer of the property’s title. Conveyancing ensures the legal aspects of your house purchase are completed smoothly.

Be patient during the legal process

This waiting period can often feel like the hardest part. Typically, it takes about 2-3 months to complete all legal searches and documentation. Keeping in regular contact with your conveyancer helps keep everything on track.

Exchange contracts

After the conveyancing is complete, you and the seller will exchange contracts, making the transaction legally binding. At this point, you’ll sign documents to officially transfer ownership and set a date for completion.

Completion day – move into your new home!

On completion day, your mortgage lender will transfer funds to your solicitor, who will then send them to the seller. We’ll notify you once the legal process is complete, and you can collect your keys and move into your new home in Medway!

About us

CR Real Estate offer expert help with buying a house in Medway. With a range of properties across Kent, we’re dedicated to helping you navigate the home-buying process with confidence. Reach out to us here to learn more about how we can help you find the best house in Medway at a great price.

Recent Articles

Top tips for finding your perfect home this summer

Posted on by Sophie Winter

Moving home is becoming more streamlined and less stressful, especially during the summer months. The relaxing vibe, longer days, and better weather make it an ideal time to find your perfect home.

What do you want from your next move?

Consider what you want in your next home. A larger garden might be on your priority list, so as you browse the wide range of properties available in summer, create your own list of must-haves. This might include location, the number of rooms, or the type of property. Stay open to new ideas and possibilities—sometimes the perfect property is one you hadn’t initially envisioned.

Talk to a local property expert to find your perfect home

The UK property market is highly varied, with conditions changing from one street to the next. Local knowledge is important for a successful move. The market you are leaving will be different from the one you are entering, and your needs are as unique as the properties available. Spend time with a local property expert to discuss your requirements; this is a key step in finding your perfect home.

Book a valuation

Planning your moving budget starts with a home valuation. Your property’s value may have increased more than you expect, opening up possibilities for better properties. Ensure you get a thorough, in-person valuation to determine the true value of your home without unrealistic pricing, which can negatively impact your sale.

Look at recently sold prices

Don’t rely solely on your agent for market insights. Looking at the selling prices of recently sold properties or similar homes can help you understand the market better. This summer is marked by stability, offering good equity growth for sellers and reasonable pricing for buyers.

Maximise viewings with longer days

Summer brings an abundance of properties to the market, so book as many viewings as possible. With quieter roads during school holidays and better weather, you can take more time to view properties. A good agent can help you find that special “I’m home” feeling.

Curious about your property’s value?

If you’re ready to find your perfect home this summer, contact our local experts or find out what your home could be worth with our free online property valuation.

Recent Articles

5 common mistakes buyers need to be aware of

Posted on by Sophie Winter

Whether you’re a first-time buyer, downsizing, relocating for work, or searching for a new home for any other reason, there are common mistakes to be aware of and to try and avoid. But the excitement of buying a new property shouldn’t be dampened by easily avoidable mistakes. That’s why we’re highlighting five of the most common mistakes buyers make when purchasing a new property, so you can steer clear of them.

Searching without a Mortgage in Principle

A Mortgage in Principle is an estimate from a lender of what buyers could borrow, providing a reference for affordability when searching for a property. Though not an outright offer, it’s typically accurate enough to guide your property search.

Our partner, The Residential Mortgage Hub, can get you a Mortgage in Principle in just 30 minutes. Book your initial appointment today to learn more.

Lack of budget planning

Understanding your financial limits as a buyer is important when searching for a new property. Realistically assess your price range to avoid disappointment. Consider all associated costs, including upfront expenses like the deposit, mortgage costs, insurance, and ongoing costs such as council tax.

Not researching your desired property’s location

Buyers can be easily sidetracked with a property and overlook the importance of its location. Make sure the surrounding area suits your lifestyle to avoid future regrets. Consider factors like commute times and transport links if you need to travel for work. For drivers, assess the property’s accessibility.

Families should check the availability of local amenities such as schools, shops, and job opportunities. Pet owners should ensure there are nearby green spaces for exercise.

Not making the most out of viewings

Always view a property in person before deciding. Missing out on key details during a viewing can lead to unpleasant surprises after finalising your mortgage. Prepare a list of priorities for viewings, focusing on the rooms and amenities that matter most to you. Thoroughly inspect the property, including areas like counters, skirting boards, and plumbing.

Going with the first lender you talk to

While a friendly lender may be persuasive, it’s important to explore multiple options. Otherwise, you might settle for a less favourable rate. The Residential Mortgage Hub searches over 90+ lenders to secure the right deal for you, ensuring you’ve thoroughly explored your options.

Ready to start your search?

Book your first appointment today to start planning your future. Appointments are available via phone, face-to-face, or video call. Alternatively, you can request a callback from the team at The Residential Mortgage Hub at your convenience.

Recent Articles

A homebuyer’s guide to changing mortgage rates

Posted on by Sophie Winter

Mortgage interest rates are falling, which is encouraging, but recent fluctuations can be a bit unsettling. That’s why we’ve made this guide to help you understand how you can insulate against changing interest rates.

You might be able to move home without altering your mortgage.

If you want to move and take your existing mortgage rate, which is lower than the current rates, porting your mortgage can be a great option. This allows you to transfer your current mortgage to your new home. Additionally, you might be able to borrow extra funds, but keep in mind that terms vary between mortgage providers.

Fix your interest rate 

Variable interest rates are typically higher than fixed rates, and many people prefer the stability and predictability of fixed-rate mortgages. However, if variable rates drop below current fixed rates, you save money. This usually occurs when interest rates are very low. If you intend to keep your property for a short time, a variable-rate mortgage might be suitable. It’s important to remember that there are many types of mortgages to consider and a mortgage broker such as The Residential Mortgage Hub can help you understand more about your options.

Explore different mortgage types 

With thousands of mortgage products available, it’s important to find the best deal for you. An offset mortgage lets you use your savings to reduce your mortgage balance, resulting in lower interest payments. Guarantor mortgages and 5% deposit mortgages can help you in making your first or next property purchase, while interest-only mortgages are often beneficial for buy-to-let investors.

Talk to a mortgage adviser    

A larger deposit also results in paying less interest. The expertise and guidance of a good mortgage adviser can boost your confidence when applying for a mortgage. A quick discussion with them can save you both time and money!

Higher mortgage rates can lead to a better deal  

As mortgage rates decline, property prices often rise due to increased demand. Consequently, the contrast between higher mortgage rates and lower purchase prices may not necessarily result in reduced mortgage repayments while waiting for interest rates to drop. In a stable market, fluctuations in mortgage rates are typically nothing to fret about and can even present opportunities for better deals. Additionally, selecting the right property significantly influences securing your future as you negotiate the offer price. A market characterised by a balanced pace without intense competition also creates a more favourable environment for buying.

How can we help you?

Moving to your perfect home is always easier with the right help. Contact our team of industry experts today for help and guidance, simply contact our office on 01634 570057.

Important information

Your home may be repossessed if you do not keep up repayments on your mortgage.

There may be a fee for mortgage advice. The actual amount will depend upon your circumstances. The fee is up to 1% but a typical fee is £598.

Recent Articles

Buying a home: common questions asked by first-time buyers

Posted on by Sophie Winter

Starting the journey to becoming a first-time homeowner means navigating through a maze of industry jargon, documents, and processes. For those new to the home-buying process, it can be a big learning curve.

We’ve spoken to our team of experts to find out what reoccurring questions our buyers have asked – and then we’ve listed out all the answers for you in this helpful guide.

How do I make an offer on a property?

Your offer will need to be submitted to the selling agent, and we would always recommended to do so in writing as well.

You should provide as much detail as possible to support your offer; this helps the current owner of the property to make an informed decision. This will need to include information about your deposit (including proof of funds, such as a bank statement or accountant’s letter), whether you have a mortgage offer secured, your desired timeframe, and details of your solicitor.

It’s worth noting that in some cases sellers may have multiple offers all equating to the same value, so it’s worthwhile expressing your love and enthusiasm for the property.

Can I offer on two properties?

In principle, you’re free to make offers on as many properties as you wish. Offers don’t carry legal obligations, and are often only chargeable after an offer is accepted, prompting the hiring of surveyors and similar services.

However, it is worth noting that submitting multiple offers may portray you as indecisive and unreliable as a buyer.

What is a good opening offer?

Different buyers approach their initial offer differently: some may propose an amount below the seller’s asking price, while others might offer the full amount right away.

A recommended strategy is to offer between 5% and 10% less than the market price, ensuring there’s room for negotiation by staying below your maximum limit.

It’s also wise to research house prices in the area, considering factors like square footage and number of rooms. This information will help you make sure you are putting in a fair offer.

Do I need to have a mortgage before making an offer?

Although you cannot finalise your mortgage application until after your offer has been accepted, you can obtain an agreement/mortgage in principle (AIP/MIP) before starting your property search.

An AIP/MIP shows the amount a mortgage lender may potentially loan you for purchasing a property. This is used as evidence to sellers that you’re a serious buyer with good prospects of securing the necessary financing.

Obtaining an AIP/MIP is a quick and straightforward process, our partnered Mortgage Broker, The Residential Mortgage Hub will be able to assist you with this if you’re looking for help.

When do I put an offer on a property?

The timing for making an offer on a property rests on two key factors:

  • The level of competition for the property you’re interested in.
  • How quick you can make a decision on the amount you want to offer.

In a market with high buyer demand, making an offer quickly is necessary. However, it’s crucial to allocate sufficient time to carefully consider the offer amount you’re comfortable with.

What are the main costs of buying a property?

Purchasing a home comes with significant expenses, particularly saving for the deposit, which is often the greatest hurdle for first-time buyers.

Typically, you’ll need to provide a deposit of at least 5% of the property price. According to Halifax’s latest data, the average deposit stands at 21%. However, aside from the deposit, there are numerous other costs to consider.

Before starting property viewings, it’s advisable to familiarise yourself with the various fees you’ll encounter along the way to avoid any unpleasant surprises.

  • Conveyancing Fees: You will normally need a solicitor or conveyancer to facilitate the property purchase. Anticipate spending between £500 and £1,500 for these services.
  • Land Registry Fee: The Land Registry maintains records of all registered properties in England and Wales. While your solicitor may incorporate this fee into their conveyancing package, it’s important to check. Fees typically range from £90 to £140, depending on the purchase price.
  • Stamp Duty: Stamp duty is a mandatory payment on properties above a certain price threshold. The amount varies depending on the property’s value. You can use a stamp duty calculator to estimate your payment.
  • Homebuyer Survey: A thorough homebuyer survey assesses the property’s condition, potentially uncovering issues and serving as a bargaining tool. Costs vary between £400 and £1,500.
  • Mortgage Fee: Lenders often charge a fee for setting up the loan, typically between £1,000 and £2,000. Some lenders may allow you to add this fee to the mortgage amount.
  • Valuation Fees: Mortgage lenders may charge valuation fees to ensure the property’s value aligns with the purchase price. Expect to pay between £160 and £600.
  • Mortgage Broker: If you are considering using a mortgage broker, they may charge a fee ranging from £300 to £2,000.
  • Moving Costs: Costs vary based on the amount of furniture and distance traveled. The average cost for a 3-bedroom house moving 50 miles is £1,181.
  • Building Insurance: Most mortgage lenders require building insurance, averaging £110 annually.

Do I need a mortgage broker?

While it’s not mandatory, using the services of a mortgage broker can be highly beneficial, especially for those unfamiliar with mortgage processes. Mortgage brokers have access to many loan options that may not be readily accessible elsewhere, including exclusive deals and notifications of limited-time mortgage deals tailored for certain individuals needs.

Got any other questions?

Our team of industry experts are here to help and answer any of your questions about the home buying process. Simply contact our office on 01634 570057.

Recent Articles

Why use a mortgage adviser?

Posted on by Sophie Winter

When searching for a mortgage, is it better to use a mortgage adviser or approach a bank or building society directly? Keep reading to understand the benefits of getting mortgage advice from an expert.

What does a mortgage adviser do?

A mortgage adviser acts as an intermediary between borrowers and lenders. They gather offers from multiple lenders, and help you to become mortgage-ready. Additionally, they gather important financial details like income, assets, employment records, credit reports, and other relevant information to evaluate your affordability. This information is then forwarded to potential lenders.

Using a mortgage adviser can make the mortgage application process much smoother compared to navigating it solo. In addition to offering expert guidance, they act as a liaison between you and various potential lenders, guaranteeing they secure a deal tailored to your specific requirements and preferences.

When is the best time to get advice?

For the best time and money savings, we advise reaching out to a mortgage adviser at the start of your property search. This approach ensures your adviser is well-informed with your entire mortgage process, and can help you steer clear of any mistakes you might otherwise overlook.

What are the downsides of not using a mortgage adviser?

  • Lacking the guidance of a adviser increases the risk of securing a mortgage deal that may not align with your best interests.
  • Errors in completing your application or not meeting the lender’s criteria could lead to rejection.
  • You’ll miss out on exclusive deals and rates available through adviser, and without a middleman, you’ll need to directly communicate with lenders.

Why not just go directly to lenders?

Some opt to approach a lender directly, such as a bank or building society, rather than using a mortgage adviser, often due to their preference for familiarity. Some may feel inclined to maintain loyalty to their bank, particularly if they’ve been banking with them for an extended period and value the personal interaction.

While you might be more familiar with a lender because of your longstanding banking relationship, it doesn’t guarantee they will offer you the best mortgage deals. Lenders typically have their own range of mortgage options and may not present alternatives beyond their offerings, limiting your access to the full range of available deals.

Are you in need of assistance determining your next steps?

Everyones circumstances are different, and there isn’t a universally correct way to securing a mortgage. We can’t tell you which path to choose, but if you want to get honest, trustworthy mortgage advice, reach out to our partnered mortgage broker The Residential Mortgage Hub today. Their team of advisers will help you work out what you need and what next steps to take.

If you’re looking to sell or let a property please get in touch with a our experts at CR Real Estate today.

Important information

Your home may be repossessed if you do not keep up repayments on your mortgage.

There may be a fee for mortgage advice. The actual amount will depend upon your circumstances. The fee is up to 1% but a typical fee is £598.

Recent Articles

Thinking of buying a house in Gillingham? What should you expect in 2022?

Posted on by Sophie Winter

When it comes to the Gillingham property market in 2021 and the UK in general; words like crazy and frantic spring to mind. It was a year where the number of properties on the market was low and yet demand was overwhelming at times. Where house prices reached record highs at times; and many buyers were left out in cold and even struggling to get viewings. As we are heading to the end of the first month of the year, what is it like out there for buyers? What should you expect if you are looking to buy a home in Gillingham in 2022?

What has been happening

Competition for homes from buyers was fierce at the end of last year; which has been confirmed by data from Propertymark (the leading membership body for property agents). “Our Housing Market Report for November revealed an average of 29 potential buyers for every available property per branch – a 21% increase in competition from October, however, despite a rise in the average number of potential buyers, a record low supply of properties was recorded, with an average of just 20 homes per branch – 50% less than in November 2020,” stated Nathan Emerson, CEO at Propertymark.

With the end of the stamp duty holiday last year, it was predicted that things may settle down this year; but this has not been the case. According to recent data from Rightmove; the number of buyers enquiring about homes is 15% higher than the same time last year. Yet, before you start to panic and wonder if you are going to face the same challenges finding a home as last year; there may be some light on the way for your search.  Rightmove figures show that the number of requests for home valuations during the first working week of 2022 was up by 44% on the same time last year, and up by 48% on the same period in 2020.

What this means is that we should start to see more homes coming on to the market; giving you more choice as a buyer. At Century Residential, we are seeing an increase in the number of enquiries by potential home sellers, who, due to a steadier return to normality, have increasing confidence about making that move which they have been considering for a while. There will still be competition for properties; and there are things you can do to make sure you are in the best position should you find that home of your dreams.

What you can do?

Buying power is what you need if you’re looking for a home in the next couple of months; and that can start with thoroughly understanding your financial situation.  Playing the guessing game on presumptions and out-of-date agreements; is going to place you on rocky ground before you have even begun your property search.  You also don’t want to fall in love with a property; and start to plan where you will put your furniture, only to discover that you can’t afford it.  Do a full financial audit, make sure your credit rating is in a healthy place; and then seek professional advice from a mortgage adviser; if you unsure who to ask, we can certainly recommend a mortgage broker who has helped many of our clients.

We all have a vision of what our next home will look like; but what you think you want and what you actually need can often be very different. Sticking to an ideal and not being willing to be open to ideas; or being able to compromise will make your search virtually impossible. Often it can be those properties that you had discounted for one reason or another; that end up being the ones that steal your heart.

If you are selling a home as well as buying; in this market it is essential that you find a buyer for your property first, before you start to search for your new home.  You don’t know the position of other potential buyers; and having a buyer for your property will place you in a strong buying position. Additionally your offer will be considered stronger as a result.

You are not on your own

Many buyers underestimate the value an estate agent can bring to their search. Give our team a call today and let them know exactly what you want and need from your next property. You never know, the next home we are called to value could just be that one you are looking for. For more advice on the Gillingham property market, and how to navigate it as a buyer, give our team a call today on 01634 570057.

Content contributed by The Federation of Independent Agents.

Recent Articles

Avoid these exhausting mistakes when moving home in Kent

Posted on by Sophie Winter

There is nothing more exciting – or stressful – than seeing your moving date start to rush towards you.  You have been looking forward to the day you can step foot in your new home; but you also look around you and feel overwhelmed. How will you be ready in time?  It is always advisable to plan ahead and we have some great tips that will make moving home in Kent less stressful by helping you to avoid some common and exhausting mistakes.

Don’t wait until the last minute

Have you started to prepare for your move?  It is never too soon to get started; there are things you can do even before you place your home on the market.  If you do a little here and there, the whole process won’t feel so insurmountable; and as your moving date approaches, you will feel a lot calmer. No matter where you are in the sales process; one thing you can do now is start organising your move by decluttering.

Start decluttering now

Whether your home is yet to be placed on the market or you are in the midst of the sales process; it is never too early to start decluttering. We all accumulate a wealth of stuff over the years. From things that have moved into the attic never to be seen again, to drawers full of mystery; and do we mention those clothes that you’ll never wear again?  Do you really want every tiny thing in to find its way to your new home, only to be stuffed away again?

This is a job you can do little by little; you may have a spare 10 minutes to sort out a drawer, or an afternoon to organise a bedroom. Sort things into:
Keeping – will need before we move
Keeping – but can pack it now ready for our move
Donate
Sell
Bin

When you start to put things back, you will have less to do; which will help should you be looking to stage your home for sale. You will have some boxes already packed for your move, which means less to pack when the time comes.  Make sure you label your boxes clearly, as this will make things a lot easier when you’re unpacking at the other end.

Forgetting to measure

You are no doubt taking a lot, if not all of your existing furniture, from your current home to your new one; but have you checked that it will all actually fit?  It’s funny how our minds can play tricks on us and resize spaces or furniture when the reality can be a little bit different. If you haven’t already done so, organise a time to view your new home again but this time with a tape measure.  This way, you will know for sure what furniture you can take with you; and what pieces you may have to get rid of before your move.  This is far less stressful than arriving with a van full of your belongings and realising that the vision you had in your head cannot be achieved. Then being left with things that won’t fit whilst you’re trying to make your new house feel like home.

Not organising your change of address

In the UK, we are lucky that Royal Mail can redirect post for a set amount of time, thus giving you some breathing space to check that you have changed your address on everything.  As great as this is, it is still advantageous to plan your change of address in advance, even if companies won’t actually let you do it until after your move.

Start by making a list, from banks and subscriptions to the electoral roll. When you have a list to work through, it can make the process a lot easier and less time consuming. It is worth starting your list sooner rather than later as some organisations may only communicate with you a couple of times a year, whereas you may hear from others monthly. 

Doing everything yourself

The idea of doing the whole move yourself can be attractive, especially if you’re only moving a short distance; but there is a lot more work than you could imagine.  Yes, moving your possessions yourself could save you money compared to hiring a professional removal company, but it isn’t an easy job.  Friends may offer to help you with your furniture; but bear in mind life happens and you could get let down at the last minute.

Moving home furniture isn’t easy, and you will be moving a lot of it. Plus boxes and general ‘stuff’ throughout the day. As the day moves on and you begin to tire; you will be more susceptible to injuries, or even an accident where something gets broken. There is knack to packing a van. Knowing what to place where and how to make the best use of the space, to protect belongings and ensure nothing is damaged in transit. A removal company will have the right equipment to protect any expensive furnishings; and will make sure everything is packed correctly.

There are a wealth of removal companies in Kent, our past clients can share their thoughts and ask on Facebook pages for recommendations.  It is worth investigating as this is one easy way of eliminating a physically and mentally exhausting moving mistake.

Not preparing to move with kids and pets

Moving day will be stressful enough without the added worry of what your children and pets are up to and if they are safe.  It will be difficult to keep them occupied whilst your attention is taken in another direction. Can your pets be cared for at a pet day care facility, and your children left with a friend of relative? They can have a day of fun and you can focus on your move. 

A smoother move

At Century Residential we want to ensure that when your moving home it isn’t exhausting and stressful, but smooth and enjoyable.  If you’re looking to move, we can make sure you have a wonderful experience from start to finish. Call our team today on 01634 570057.

Content contributed by The Federation of Independent Agents.

Recent Articles

Classic fibs we tell ourselves when buying a home

Posted on by Sophie Winter

Welcome to the emotional ride that is buying a home. When you are spending so much money, you want to make sure you choose the right investment. The process is exciting, complicated and, let’s face it, a little bit scary at times.  Your mind is bound to be racing with so many things – wants, needs, location and lifestyle, compromises and must-haves.  We all have those little fibs we tell ourselves to make things feel a little easier. Here are some fun classic fibs that many homebuyers tell themselves when looking for a new home.

1. I’m going to keep below my budget

You know that it’s essential to establish your budget before you start looking at houses. For one, you don’t want to be disappointed should you be able to afford less than you thought, but also if you have a mortgage in principle this places you in a stronger position when it’s time to make an offer.  With your budget in hand, we know many home hunters have a deep desire to stay below that figure, but the reality is many don’t.  Now this isn’t through lack of trying; they just discover that those extra pennies can often get them the home they really want. 

One strong word of warning: if you know that your budget will be stretching you financially, lower it to something you are more comfortable with.  You may have to make a compromise or two; but you will be happy you did when you feel more financially stable.

2. It’s fine if they don’t accept my offer

This is such a typical way of trying to prepare yourself for disappointment; because deep down you know that you absolutely want this house, and you will be shedding a tear or two if you don’t get it.  But telling ourselves a fib like this makes us feel a little better. As does the relief when the offer is accepted and we can finally be honest!

3. I’m happy to do some work

It is always tempting to look at properties that need some work because, at the end of the day, you can turn them into exactly what you want and add value along the way.  But what you think you’re up for now may not be the reality. We have seen many cases over the years where would-be renovators end up standing inside a project house looking like bunnies caught in the headlights. Be honest with yourself, when you say, “I’m happy to do some work”. Do you really mean, “I don’t mind painting the walls but knocking one down and doing any kind of building is a little out of my depth”?

4. I’m not in any rush

Now we wouldn’t say searching for a new home can become addictive, but it’s funny how you start off with intentions of not rushing – and then suddenly that changes.  You avidly check any new listings daily. Okay, maybe hourly – to try and get in there first. Calling the agents quickly to arrange a viewing because you don’t want to miss out by only sending an email. Pretty soon you’re ‘not in any rush’ mentality is replaced by a quest that you can’t seem to walk away from.

5. The house will still be available in a few days

Or will it?  We would love to tell you that you have some thinking time after a viewing, time to see other properties and check out the location, but the fact is, in the current market, waiting is a sure-fire way of missing out on a property you love.  Houses are flying right now, but that doesn’t mean you should make a rash decision.  Try and do your research on the location and similar properties and understand what it is exactly that you need, so that when you attend a viewing on a property that gives you the overwhelming feeling of being your future home, you are ready to act, and act fast.

Buying a home

Whether you’re a first-time buyer or just unsure about the best way to start your property search, our team at Century Residential are always here to help.  We know the area intimately and can help you drill down to what’s important in your next home. As well as explaining the best way to approach the sales process.

Are telling yourself the classic fib ‘you can do this on your own’? Let us show you the difference it makes to have a great local estate agent by your side. Give our team a call today on 01634 570057.

Content contributed by The Federation of Independent Agents.

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FOMO, Hot tips for buying a house in today’s market

Posted on by Sophie Winter

If you’re thinking about buying a house in Kent at the moment you may have a ‘Fear Of Missing Out’ (FOMO), and who could blame you?  With a distinct lack of properties on the market and an abundance of buyers all wanting to find a home, it’s like the Wild West out there on the housing front. In March, HMRC announced that UK property transactions were at their highest level since records began in 2005. In fact, there were 180,000 sales, that’s double the number seen in March last year. So if you are a buyer trying to navigate this market, how can you ensure your FOMO doesn’t become a reality?

Get ready

One of the biggest mistakes you can make as a buyer is to start your search before you’ve got yourself in a viable position. In other words, do you have a mortgage in principle?  Having an up to date mortgage in principle is important. This demonstrates to both the homeowner and the estate agent that you are able to proceed with the purchase. Your offer will be considered serious. Meaning that in cases where demand for viewings on a property is overwhelming, you will be considered over someone who doesn’t have this in place. If you haven’t taken the steps to speak to a mortgage broker, we would suggest you do so as soon as possible.

Be transparent

If you want to be taken seriously, you need to be transparent when speaking to an estate agent about what you’re looking for and your maximum budget.  We know that by placing all your cards on the table you may think you’re putting yourself in a weaker position when it comes to negotiating. But stating that you don’t have a maximum budget doesn’t ring true. This can make it difficult for an estate agent to help you find your dream home.

Take advantage of virtual viewings

Virtual viewings are a great way of touring a number of properties to see what you like and don’t like.  It can help you to solidify your wish list and work out where you’re willing to compromise.  Within a virtual tour not only will you be taken around the property, you will also get to ask questions. This means that when you are sure of what you want you can focus all your time and energy on properties that could be the perfect match. 

Be clear

Buying a house is a massive investment. However, it’s a decision that many rush into, and we don’t want you regretting a purchase down the line.  Before you start to physically view properties, think about all the things that are important to you and not just the property itself.  As the country starts to open up to some kind of normality, what can the neighbourhood offer you? Your work situation could be different, perhaps involving work from home days, so is commutability as important as it was? Or, do you want walks, shops and bars in walking distance? Remember, a home can be changed but a location can’t. It’s easy to be swayed by a stunning interior and exterior, but is it the right ‘home’ for you?

More haste, less speed

This market requires a clear and level head. If you snooze you will lose, but your decisions shouldn’t be rushed either.  Set up alerts with property websites so you’ll know as soon as a new home in your chosen area comes onto the market so that you can book a viewing as quickly as possible. Don’t forget to do your research before you go if it’s an area you’re not familiar with.  Make a list of questions so these can be answered whilst you are viewing the property.  Try and view the house without rose-tinted glasses, because this could be your home – will you be happy living there? Don’t wait to make an offer if this house is for you. As you can be assured that others who have viewed it will no doubt be doing the same.

Do you want this house?

Any offer you make has to have an impact. Yes, we all love a bargain but when homes are going for close to or over their asking prices at the moment in Kent, making a low ball offer will seem like an insult to the homeowners.  You want your offer to be taken seriously. Don’t forget to remind the estate agent of your position – are you a first-time buyer, chain-free, your property already sold? Knowing more about you and your position could make your offer more attractive; not all sellers take the highest figure. Some wish their home to go to a local family, not an investor, or prefer a buyer for other reasons. 

No more fear

With these hot tips, you may still have a little fear of missing out. However, you’re taking steps to place yourself in a strong position so you can not only find your dream home, but buy it too.  If you’re looking for a new home in Kent, come and chat to our team to see how we can help you.

Call our team today on 01634 570057.

Content contributed by The Federation of Independent Agents.

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