Welcome to Paul’s Property Podcast, the podcast that answers all your questions about property, whether you are buying, selling, letting or just wanting to stay on top of what’s happening in the market. In this episode, we explain everything you need to know as a first-time buyer, from speaking to a mortgage broker right up to putting in your offer.
Your host is Paul Bott of Paul Bott and Company, a multiple gold award winning estate agency in Brighton. Paul has been in the business for nearly 30 years and has a second-to-none knowledge of the property market in the Southeast of England.
This week, Paul talks to Aden, who is just starting to think about buying his first property. Buying your first home is such an exciting time, but we know it can feel a little overwhelming too. If you’re in this position, this is the episode for you! Paul answers Aden’s questions, unpacking everything you need to know about the early stages of the process, in a simple, no-nonsense way.
Tune in again next week when Paul and Aden will be continuing the conversation, talking about what happens next once your offer has been accepted.
🌐 www.paulbottandcompany.co.uk
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00:38 Meeting our first-time buyer, Aden
01:05 How do you start looking to buy a property?
02:27 What is an agreement or decision in principle from a mortgage provider?
03:51 So I’ve got a decision in principle, is it time to start looking at properties?
05:52 What should I say if an agent tries to get me to talk to their mortgage broker?
08:16 I’ve found a load of properties online, should I start viewing them all?
10:01 What should I look for at viewings, and what should I ask the estate agent?
11:28 What is the difference between a leasehold and a share of freehold?
13:14 Does it matter how many years are left on the lease?
16:05 Can I bring my dog or cat to any property I want to buy?
17:04 Can I trust what an estate agent says?
18:30 I’ve found a place I love, what do I do next?
21:00 What do I do if someone else also offers?
22:52 What does best and final offer mean?
23:38 If I lose out with my best and final offer, can I put in another offer?
24:50 I’ve had my offer accepted, what happens next?
