Buying a house
Buying a house is a huge commitment and is typically the most expensive purchase you will ever make, so understandably you will want to make sure you get it right.
This guide will focus specifically on what you should consider when buying a house in Corby but many of the points that are raised will be relevant to any location you are looking to purchase in.
Furthermore, as you move forward with buying a property you will need to turn to professional advice. This guide will provide information on who can help you with this process.
What’s in Corby?
A great place to start when trying to find out more about an area is by looking at its local council website. Along with information on what day the bins get taken and job vacancies, the council website shares what there is to do in Corby! If you’re looking to find out more about the leisure and culture in Corby, the council website highlights:
- Corby East Midlands International Pool
- Lodge Park Sports Centre
- Parks & Open Spaces
- Sports & Play Development
- Tourism & Forthcoming Events
- Holiday Activities
If you have a family, the leisure activities available in the area are crucial to your buying decision. You don’t want to find yourself with nothing for the kids to do when the school holidays come around!
Whilst the kids are in school however, some R&R may be in order. If your idea of rest and recuperation is retail therapy, Corby can provide. Corby Town Shopping & Willow Place is home to over 150 shops, bars and restaurants.
Looking for a property in Corby
Once you have decided that Corby is the place for you, you’ll need to start researching properties in the area.
The first place to start looking for a home is of course the major property portals such as Rightmove or OnTheMarket. After endless hours of scrolling, you’ll hopefully come across the home of your dreams.
Once you’ve found a property you’re interested in, it’s a great idea to use the HM Land Registry to find out some more about its history. The Government site will provide you with all transitionary and price history of any specific property you are interested in.
Making an offer
Once you have decided on a property and done your research in to its price history, you’ll be ready to make an offer.
Of course, the price you offer will depend on the asking price, as well as the property condition and any additions such as extensions that have been added to it. Typically, you should start out making an offer 10% lower than the asking price, if the property has been on the market for two months you maybe able to increase this to 15%.
Unless you are lucky enough to be a cash buyer, you will need a mortgage to buy your home. If you have a mortgage agreement in principle before making your offer, it is much more likely to be taken seriously by the seller.
Hopefully you’ll offer will be accepted, if not the searching process will start again. If it is accepted, congratulations! Now the long process until completion begins.
Conveyancing
Conveyancing is the legal process of buying your property and reaching the completion stage. The conveyancing process is complex, in order to make the process less stressful you’ll need to contact an online conveyancing company or high street solicitor.
Online conveyancers are the cheaper option, and when making the biggest purchase of your life it’s likely you won’t have money to spare.
My Conveyancing Specialists is designed to make the process simple and straightforward, when buying a property in Corby. My Conveyancing Specialists can provide you with an instant, free online quote from specialist licenced conveyancing solicitors. Not only is your quote free, but they also offer a ‘No Move. No Fee.’ Guarantee, meaning if the move falls through you won’t have to pay.
Completing the sale
If no problems are found with the property but your conveyancers, you should receive the contract in order to complete the sale. You should go through this contract with your conveyancer to ensure all details are correct.
Once you have signed for your new home, the seller is committed to the sale.
Congratulations! You are the new owner of your home in Corby. Now it’s time to organise building insurance and begin the process of moving in to your own home.