House buying at auctions
BUYING a house at auction can seem a tempting way to avoid all the usual bureaucratic, complex and time consuming process associated with the property market. What could be months, can possibly be reduced to minutes while you’re waiting for the hammer to fall.
However, there’s far more involved than showing up, finding [...]
House Buying/Selling Terminology
When reading your estate agents agreement you may come across some phrases that you don’t understand. You agent will be more than happy to explain the terminology used. Below is a list of estate agent jargon and their meanings.
Purchaser – The person who is buying the property.
Completion – This is the moment at which the [...]
Tips for Viewing a Property
Here are some useful tips to keep in mind when looking for the house of your dreams:
* View the properties as soon as possible. Leave it too long and you could lose out.
* Make good use of your lunch hours or make appointments on the way to and from work.
* If two of you are [...]
Gazumping
Gazumping – outbidding rivals at the last minute – is a horror estate agents are powerless to stop (even if they wanted to!). Unless you’re lucky enough to live in Scotland where there are laws to protect the buyer. Under the Estate Agency Act, estate agents are obliged to pass on all offers they receive, [...]

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