Before buying, it is a good idea to have a checklist of questions to ask the homeowner and estate agent to get a clear picture of the property.
And there is one question in particular all first time buyers should make sure they investigate.
Buyers should look into the history of the property, and see if it been sold repeatedly.
If a home has changed hands several times in the last decade, this could be a clue that there is a serious underlying issue.
It is worth buyers doing a little digging to find out why this is case, as they may uncover something shocking.
Of course, there could be a number of perfectly innocent reasons a property has changed owners again and again, but make sure to get a detailed survey just to be sure.
Similarly, it is worth asking the seller why they are moving on from the house.
They may have a reason for wanting to offload the home quickly, such as moving abroad, which means they could be willing to reduce the price.
Other things first time buyers should be wary off are the neighbours, as this is often something people forget to enquire about.
If the seller has lodged any complaints against their neighbours they legally have to tell you if you ask, so make sure you do pose this question.
If you don’t you could end up with loud music or other anti-social behaviour ruining an otherwise perfect home with no rights to complain.
The final thing to check that first-time buyers may not be aware of is what is included in the sale.
Check that everything is included item by item – even things buyers may assume are part of the purchase may not be.
Make sure to confirm the boundary between the house and the neighbours to be clear on exactly what land is or isn’t included in the sale.
The questions all first time buyers should ask before purchasing their first home comes as one property expert revealed the tricks that could help slash stamp duty rates.
Trevor Abrahamsson, a luxury estate agent, said there are four things homeowners can do to save themselves…