By Sophie Glass
Each month, thousands of people make the decision to buy a home. At Loney Miller, we are here to help. Whether you’re a first time buyer or you’re climbing the onerous property ladder one step at a time, the initial moments of excitement can quickly spiral into home buyer anxiety. We’ve all been there!
To acknowledge this, with this week's World Mental Health Day in mind, we’ve put together a few tips to try and help make the process a little easier: 1. Find the right team
We don't know whether we have mentioned this yet, but moving house is stressful! First and foremost, you need to be able to trust and rely on the people you are working with. If you’re selling, find an estate agent you feel comfortable with, bearing in mind you may be speaking to them at least weekly for the next 3+ months! As a buyer, you may not be able to choose which estate agent you work with but the right mortgage broker will choose a product best suited to your situation and affordability, and choosing a solicitor who can fight your corner when things get tough and offer advice when you need it can help.
2. Keep a positive mindset
The property buying process will be a highly stressful time in your life, so it’s important to stay positive and upbeat throughout. Easier said than done, but if you find yourself getting stressed out or discouraged during the process, take a break and do something that makes you happy. If you already live locally, a walk on Wimbledon Common or getting out in nature in Richmond Park may help to take your mind off things for a while. It sounds easy enough, but focussing on ourselves can be tricky in our drive to get things done!3. Try not to take things personally
Find out why your buyers/sellers are moving and try to understand their position and motivations. There will be bumps along the way, but remembering that there are people on either side of the process can often help. We may regret saying this, but use us (your estate agents) as a sounding board if you have any concerns. We are well-versed in navigating the process so that everyone gets what they want and can often offer advice on the best way to approach a difficult conversation. Most people will want a positive outcome.4. Ask for help when needed
Be honest with yourself and others involved in the home buying process – if you need help, remember to ask for it! If you don’t understand something or are feeling overwhelmed, please shout. This is one of the smartest things anyone can do during the buying process. We can help to explain the lingo and make things simpler. Lack of communication is the worst thing in what is already a long and protracted process! Always remember that there is no shame in asking for something to be explained more than once, we are here to help!5. Prepare for the unexpected
The property buying, and selling process can be a rollercoaster ride! One minute, you are excited about the prospect of putting a Christmas tree up in the bay window of your new home, the next you are reading a survey that seems to suggest that it is falling down (the house, not the tree!)! Don’t panic! Take a deep breath,remember what is important and try to re-focus on your goal.
6. Celebrate your successes!
Buying and selling a property is full of ups and downs, but it’s important to celebrate the small wins!. This will help keep you motivated, because no matter how challenging things may seem now – there’s light at the end of this tunnel! Buying and selling a property involves a series of steps, from making your offer to having that offer accepted, to receiving your mortgage offer, navigating the enquiries between the solicitors, agreeing on a completion date and exchanging contracts. Celebrate each of these milestones and don’t be deterred if there are hiccups along the way – this is normal!7. Stay organised
Organisation is a key ingredient in reducing stress. Make lists of everything that needs to be done and keep track of what has been completed and what still needs to be organised. It will help you feel more confident about the tasks at hand. A well-planned process can help avoid things grinding to a standstill or requiring extra assistance from you when you’ve already got lots to think about!
💛 We hope this has been a useful read and please remember - we’re just at the other end of the phone if you need us. Our telephone number is 020 8945 7555.