PROMOTION Find and deliver Buying property in Surrey is tough at the moment. Andrea Hewitt from Garrington Property Finders discusses some of the biggest challenges property buyers are facing and suggests how best to tackle them successfully While there has been much talk about the The right team makes all the difference shortage of homes for sale, most buyers, having been through the process recently, have realised that this is only half the battle. The competitiveness of the market, pressures on service providers who support the industry, and rising house prices mean that currently, the buying process is far from plain sailing. Indeed, it is often more Before making an offer, the most successful buyers surround themselves with the best support team possible. Engage an excellent solicitor ideally recommended by someone you know and has personal experience, and similarly have a surveyor lined up. If required, work with an experienced mortgage advisor to obtain a Decision in Principle or have proof Andrea Hewitt GARINGTON precarious after a property has been found and there are many anecdotes locally of disappointed buyers, failed transactions, and properties returning to the market due of funds from your banker, ensuring that both are aware you are looking for a peoperty and are ready to speak to a selling agent to confirm your position as and when it is needed. In pressurised scenarios, these factors can make the crucial difference between being successfulor not. ability to proceed, plans for financing. timescales and, on occasion, personal circumstances that make them more to unforeseen circumstances. appealing. The art here is to understand what the seller is trying to achieve and presenting yourself n the best position to match that ideal. Being told that a property's buyer is going to be decided by best and final offers Buying agents do more than just find shouldn't really come as active buyers. In this market, ifa property looks special then the chances are it will go will have a reassuring reputation to carryout this way and the time to start researching and planning an offer could even be before viewing. How do you ensure that you purchase successfully? It is very exciting to find the perfect home, but sadly there are many reasons why this may not result in a successful transaction. Most Finding and delivering properties for clients. Acting in the market every day, a good professional buying agent a surprise to people considering reasons for a property purchase to fail willimagine a poor survey and it is true that a major structural issue can actas a serious deterrent. However, in the transactions efficiently, problem solve where necessary, and skilfully guide all parties cowards a successful completion. Indeed, in some circumstances being repeesented by a buying agent can make a crucial difference as to whether an offer is accepted in the fiest place. At Garrington, we have over 25 years' market we find ourselves, there are several other reasons for disappointment to occur. Can you avoid being gazumped? Gazumping remains a real fear for mamy buyers, but the risk can be mitigated by How to win best and final bids Also known as sealed bids, the competitiveness of the local market means that many selling agents are relying more and more on this tactical method showing commitment, having a solicitor ready experience acting for buyers in the property to act, asking to have the property removed from the open market, and booking the survey easy for anyone, whatever the challenge, we quickly. Also, throughout the dilligence and conveyancing process, it is important to have excellent communikation between the parties, market, so while the current market is not of identifying a successful purchaser. Increasingly, set against a tight deadline, best and final bids feel very pressurised and difficult to play. The good news is that the successful bid is not necessarily the highest bid. Agents and vendors will consider the whole of a buyer's position including their will probably have successfully dealt witha similar situation many times before. Garrington's consultents help bayers find and purchase proprrnies that meet their ljestyle requirements. Their local expertir and in depth knowledgr of the property market anist homebuyers do comsider awider chelce of properties and parchane more effectively. so both are reassured that the transaction is progressing as agreed and if problems arise, the other side is made aware of what is being done to overcome the matter. If you are considering your moving options in the coming months and would like further information on how Garrington can save you time and money making the right decision, contact Andrea Hewitt: 01483 338348 info@garrington.co.uk www.garringtonsouth.co.uk PROMOTION Find and deliver Buying property in Surrey is tough at the moment. Andrea Hewitt from Garrington Property Finders discusses some of the biggest challenges property buyers are facing and suggests how best to tackle them successfully While there has been much talk about the The right team makes all the difference shortage of homes for sale, most buyers, having been through the process recently, have realised that this is only half the battle. The competitiveness of the market, pressures on service providers who support the industry, and rising house prices mean that currently, the buying process is far from plain sailing. Indeed, it is often more Before making an offer, the most successful buyers surround themselves with the best support team possible. Engage an excellent solicitor ideally recommended by someone you know and has personal experience, and similarly have a surveyor lined up. If required, work with an experienced mortgage advisor to obtain a Decision in Principle or have proof Andrea Hewitt GARINGTON precarious after a property has been found and there are many anecdotes locally of disappointed buyers, failed transactions, and properties returning to the market due of funds from your banker, ensuring that both are aware you are looking for a peoperty and are ready to speak to a selling agent to confirm your position as and when it is needed. In pressurised scenarios, these factors can make the crucial difference between being successfulor not. ability to proceed, plans for financing. timescales and, on occasion, personal circumstances that make them more to unforeseen circumstances. appealing. The art here is to understand what the seller is trying to achieve and presenting yourself n the best position to match that ideal. Being told that a property's buyer is going to be decided by best and final offers Buying agents do more than just find shouldn't really come as active buyers. In this market, ifa property looks special then the chances are it will go will have a reassuring reputation to carryout this way and the time to start researching and planning an offer could even be before viewing. How do you ensure that you purchase successfully? It is very exciting to find the perfect home, but sadly there are many reasons why this may not result in a successful transaction. Most Finding and delivering properties for clients. Acting in the market every day, a good professional buying agent a surprise to people considering reasons for a property purchase to fail willimagine a poor survey and it is true that a major structural issue can actas a serious deterrent. However, in the transactions efficiently, problem solve where necessary, and skilfully guide all parties cowards a successful completion. Indeed, in some circumstances being repeesented by a buying agent can make a crucial difference as to whether an offer is accepted in the fiest place. At Garrington, we have over 25 years' market we find ourselves, there are several other reasons for disappointment to occur. Can you avoid being gazumped? Gazumping remains a real fear for mamy buyers, but the risk can be mitigated by How to win best and final bids Also known as sealed bids, the competitiveness of the local market means that many selling agents are relying more and more on this tactical method showing commitment, having a solicitor ready experience acting for buyers in the property to act, asking to have the property removed from the open market, and booking the survey easy for anyone, whatever the challenge, we quickly. Also, throughout the dilligence and conveyancing process, it is important to have excellent communikation between the parties, market, so while the current market is not of identifying a successful purchaser. Increasingly, set against a tight deadline, best and final bids feel very pressurised and difficult to play. The good news is that the successful bid is not necessarily the highest bid. Agents and vendors will consider the whole of a buyer's position including their will probably have successfully dealt witha similar situation many times before. Garrington's consultents help bayers find and purchase proprrnies that meet their ljestyle requirements. Their local expertir and in depth knowledgr of the property market anist homebuyers do comsider awider chelce of properties and parchane more effectively. so both are reassured that the transaction is progressing as agreed and if problems arise, the other side is made aware of what is being done to overcome the matter. If you are considering your moving options in the coming months and would like further information on how Garrington can save you time and money making the right decision, contact Andrea Hewitt: 01483 338348 info@garrington.co.uk www.garringtonsouth.co.uk