The Property Buying Process
Buyer types
When selling your property be aware of the buyer types and motivations behind their decision making. First time buyers can be more than anxious to get onto the property market believing that should they delay, their one and only window of opportunity may pass them by.
Those looking for a buy-to-let are more open minded with regard to location, knowing every property has its rental value. Aiming to buy at a price which reflects the level of expected income, they are motivated by profit and what appeals to the largest market rather than home comforts and personal taste.
The established home buyer lies somewhere between the two. With a larger budget, a good deposit, and a clearer view on location many variants come into play.
ESPC Money Management
The commonality throughout is of course the search for "value for money" and capital gain. Speculation on future property values will influence buying decisions and the timing of purchase is everything. Short term thinking on which mortgage to sign up to should not overpower proper financial planning.
Getting it right at the beginning can cushion your future. More than just a mortgage adviser, ESPC Money Management will look at every aspect of your finances, listen to your aims, and give independent financial advice to suit your specific needs. No-matter what stage in life you're at this holistic approach will lay the foundations for a healthy financial future with options for regular reviews as circumstances change.
If you would like to discuss your financial options then email ESPC Money Management or contact us on 0845 111 1911.
Our charges for mortgage advice are usually just £350 (£0 for first-time buyers between June-August 2008, £250 thereafter).
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
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