ReadytoBuyPodcast

#11: Buying Your First Home – In Summary


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On this episode of the podcast we will be recapping everything spoken about over the course of season one in one final grand summary of the entire process, from first starting to think about a mortgage all the way to picking your keys up and settling into your new home!


Time Stamps

PART ONE

00:00 – Introduction

01:38 – ‘Buying Your First Home – In Summary’

02:01 – Where You Start

  • 02:01 – Understanding All Your Options
  • 03:03 – Putting a Plan Together
  • 05:25 – Getting Help if Needed

07:27 – Getting as Presentable as Possible

  • 08:00 – Credit File
  • 08:45 – Bank Statements
  • 09:25 – Documents

10:23 – Agreement-in-Principle

11:51 – Searching for Your Home

  • 12:10 – Research
  • 13:08 – Register with Agents
  • 14:03 – Try and Enjoy It

15:02 – After Finding Your Home

  • 15:39 – Asking Questions
  • 16:25 – Estate Agent’s Due Diligence
  • 17:01 – Memorandum of Sale

INTERMISSION

17:48 – ‘Definitely Not A Silly Question’ Segment

18:17 – Question

18:26 – Answer

19:58 – Contact Info for Questions

20:24 – Risk Warning

PART TWO

21:02 ­– Mortgage Application

  • 22:48 – Mortgage Lender’s Revisions

23:44 ­– Conveyancing 

  • 23:57 – Advice on Choosing Solicitors
  • 24:55 – Regarding ‘Cheaper’ Solicitors 
  • 25:44 – Questionnaire
  • 26:37 – Searches

27:39 ­– Protection

  • 28:29 – Protection Against Death
  • 28:52 – Protecting Income
  • 29:28 – Protecting Against Serious Illness

30:10 ­– Moving Towards Completion

  • 30:54 – Visiting the Property
  • 31:28 – Measuring Up
  • 32:12 – Internet
  • 32:39 – Addresses
  • 32:57 – Sorting Removals
  • 33:22 – Time Off

33:43 – Exchange Date

  • 33:56 – Buildings Insurance
  • 34:53 – On the Day 

35:51 – After Completion

37:13 – Conclusion

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Notes

(00:00 – 01:37) Introduction

Introducing the podcast and providing details for listeners on where to contact.

Website: 

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ReadytoBuyPodcastBy Mark Humphrey