Some Other Buying Advice

About this guide

Buying a house comes with many stages and costs to factor in. it’s important to be fully prepared throughout the whole process, that’s why Compare My Move work hard to share the latest advice and tips for the buying a house process. 

  • 1. What is a local authority search?

    Local authority searches are a type of property search that your conveyancer will organise. The search will look into the local area and land where the house you plan to buy is.

    By having a local authority search, you will be made aware of any local issues that could affect the house and use it to negotiate on the price.

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  • 2. What is a restrictive covenant?

    A restrictive covenant is a binding condition or clause written into a property’s deeds or contract that prevents the homeowner from completing certain acts or alterations. Restrictive covenants state what the owner can or can’t do with their home or land, restricting their use of the property in some way.

    Compare My Move works with a variety of property and finance experts to create accurate and helpful articles that can guide you through the buying and selling process. In this article, we’ll explain exactly what a restrictive covenant is, why they’re used and what you can do to remove them if you wish to do so.

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  • 3. What to do if you inherit a house?

    Inheriting a property after a relative or loved one has passed away can bring a mixture of emotions. Understanding how to prepare for the process will help to make inheriting a house seem less daunting.

    You will be faced with a big decision on what to do with the property, but rest assured, there are many options to help if an inherited property will cause financial issues. You won’t have to make an immediate decision in most cases, with many third parties sympathising with the situation.

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  • 4. What does buying an off-plan property mean?

    Buying off-plan is when you purchase a new-build property before the developer has even finished building it - and with some properties it’s possible to buy at a discount before construction work has even started. Buying a property off-plan comes with a variety of risks, but it can mean a smaller deposit and an opportunity to provide some personal input whilst your home is being built.

    Compare My Move work with the most professional property experts out there to help keep our users informed throughout the buying process. This guide will discuss the process of buying an off-plan property and how it will affect your chances of getting a mortgage.

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  • 5. What is a party wall agreement and when would I need one?

    A party wall is a wall, fence or structure on the boundary of two (or more) separate properties, owned by different people. A party wall agreement is a legal agreement made between these owners regarding any building work that may affect either side of the boundary. If you are a property owner who has agreed to certain repair or building work with a neighbour sharing a boundary with you, then you may need a property wall agreement.

    With the help of our property experts, Compare My Move has created this article to ensure you know the necessary steps to take as well as what common mistakes you should avoid when sorting out your party wall agreement.

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  • 6. Buying a House in a Mining Area

    Mining refers to the extraction of valuable mineral resources from the earth in response to industry demand. Previous mining activity can have a significant impact on a property and the local area, with issues ranging from contaminating land to potential ground collapse.

    Mining searches are considered by property professionals to be vital for anyone buying a home in any type of mining The purpose of a mining search is to find out if there is any likelihood of mining activity having been carried out beneath the property you are looking at and in the nearby area.

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  • 7. Buying a listed building

    A listed building is an older building of historical or architectural interest which is considered of national importance and therefore included on a register known as the List of Buildings of Special Architectural or Historical Interest.

    This listed status protects the buildings from damage or renovation that could affect their structure. Buying a listed building can mean having a unique home and a part of history, and will more likely maintain its value.

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  • 8. Where can I get more space for my money?

    When you're looking to buy a house, having enough space within your four walls is vital: no one wants to pay for the privilege of living a cramped life. So where can homeowners get the most space for their hard-earned money?

    The latest data from property website Zoopla has revealed that the average property in Britain now costs £211 per square foot, an increase of 26% (£44) over the last five years. Using figures from Hometrack, Zoopla has found that in many areas of Britain, space is at an absolute premium.

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