support linkspage contentuseful information navigation
Lloyds TSB home

First Time Buyer Guide

Let us help you

Step 3 of 7: Searching for the right place

When you are choosing a new home there’s a lot to think about – where you want to live, how much space you need and how much DIY you are prepared to do are just some of the decisions you’ll have to make.

1. Create a Viewing Checklist of what you’re looking for.

  • What kind of home do you want?
  • What about the location?

2. Get an idea of what’s available.

  • Look at as many properties as possible to get an idea of what you like and how the prices compare.

3. Get in touch with a few local estate agents, look in local newspapers and search online.

  • Good websites for properties are www.fish4.co.uk and www.rightmove.co.uk.
  • When looking at properties, take someone with you as they may pick up things you miss and you can discuss it with them later on.
  • Have a second viewing at a different time on another day.

4. Consider the following key points if you are buying a brand new home:

  • The plans and room sizes as these may be smaller than the  showroom.
  • Small print in the developer’s specification, to check the finishes are what you want.
  • Availability of a warranty such as a National House Building Council Certificate, a Zurich Municipal Certificate or a Premier Guarantee.
  • The amount which lenders are prepared to loan you will typically be reduced if the property is brand new.
Timing tip:
You can appoint a solicitor while you are looking for a property to help things move faster when you find somewhere you like. Your solicitor will explain the legal process to you, speak to the seller’s solicitor, liaise with your mortgage lender and the estate agent.
 

Back to step 2                                                                                                Continue to step 4

 

C&G mortgages are provided by Lloyds TSB Bank plc and administered by Cheltenham & Gloucester plc. Lloyds TSB Scotland plc offer their own range of mortgages, find out more.

* We may monitor and/or record telephone calls in case there's a need to check that your instructions have been carried out correctly and to help improve our service quality.