Looking for that perfect home can be a time-consuming process.
Buying a home is not going to be something you do very often. So even if you like the first property that you see, property experts advise that you view several properties so you can develop a better sense of what is available, what you like and what you do not like.
According to research by Which?, 60% of British homebuyers looked at five or more properties before deciding to buy.
Property prices add an extra hurdle when buying your own home. You may see a home you like, but the price may be more than you can afford. Staying within your budget and finding the right home can often mean looking at several properties to find the one that ticks the most boxes on your checklist.
An alternative to traipsing around several properties to buy the right home is to build your own. With the government’s new Help to Build scheme, building your own home could be a possibility for first-time buyers as well.
How easy is it to buy land?
If you want to build your own home, the first thing you need is land to build on.
You can find out about land for sale in several places. You can contact estate agents in the area you want to live in, or architects or surveyors. You can also use online land sale portals such as Rightmove or OnTheMarket. There will be a mixture of empty plots and land with an existing building that needs to be demolished.
As with buying a ready-made home, you should always visit the plot before making an offer. In addition to giving you an idea of the possibilities for what you can build, a visual inspection could help identify any potential problems.
You can also find some useful and important information online, such as whether the land appears in contaminated land databases or whether existing planning permission is attached to the land. Even if there is no existing planning permission, you can find out whether you are likely to be granted planning permission to build a residential property by contacting the local authority. After all, the last thing you want is to buy the land only to discover that you are not allowed to build the property you want.
The conveyancing process for buying land is more or less the same as buying an existing property; after all, every property is situated on a piece of land. A conveyancing solicitor or licensed conveyancer can help you navigate the process and advise on what checks should be done.