When Viewing A Property, What Questions Should I Ask?
583 views · Published 4 May 2017 · 3:22 · Indexed 8 November 2026
Channel: Life The Basic Manual · 2017 · Education
Continuing his playlist designed to help first-time buyers navigate the maze of property buying, Lawrence Copeland, a chartered surveyor and estate agent with thirty-eight years experience in the profession, gives us some insider information on what to ask when viewing a property. At the point of viewing, you have a useful window of opportunity to quiz the person showing the property on a number of factors you need to consider. What council tax band is the property in? Is there a ground rent payable? What are the average utility bills? Is there a Service Charge? Is the property Leasehold or Freehold? If Leasehold, how long is the lease and how many years remain? This is also a good moment to get a sense of why the vendor is selling if you can. Are they in a rush to sell? Is the market itself over or under supplied? In a fast market, you may well have to buy at the stated price (or more), in a slower market, you have a better chance of negotiating the price downward. SUBSCRIBE FOR MORE VIDEOS https://www.youtube.com/c/lifethebasicmanual?sub_confirmation=1 FIND LIFE THE BASIC MANUAL HERE http://lifethebasicmanual.com http://www.facebook.com/lifethebasicmanual http://instagram.com/lifethebasicmanual http://twitter.com/BasicManual