Once your finances are in order, use portals like Rightmove or Zoopla to scout locations.
In the UK, Freehold means you own the building and the land. Leasehold means you own the right to live there for a set term (often 99 or 999 years) but pay ground rent or service charges to a freeholder. buy house uk
Before browsing listings, you need to know what you can actually afford. Once your finances are in order, use portals
Get a document from a lender stating how much they are willing to lend you. This shows sellers you are a serious buyer. Before browsing listings, you need to know what
Most lenders require at least 5% of the property price, though 10–15% often unlocks better interest rates.
When you find "the one," submit your offer to the estate agent. It’s common to offer slightly below the asking price, but in "hot" markets, you may need to go higher. If accepted, the property is "Sold Subject to Contract" (SSTC).
Budget for "extra" expenses, including Stamp Duty (tax on property purchases), solicitor fees, survey costs, and removal van hire. 2. The Property Search