Friday, 30 January 2015

Questions to ask an estate agent when buying a property

  • How long has it been on the market?
  • How many viewings have there been?
  • Has anyone else made an offer on it?
  • If on market for long time, why hasn’t it sold?
  • Has the price been reduced?
  • How flexible is seller on price?
  • How keen is owner to sell?
  • Is seller part of a chain?
  • How long have the owners lived there?
  • Is it owner’s principal or second home?
  • Why is owner selling?
  • When was it built?
If it's a flat:
  • How long is the leasehold?
  • What are the restrictions in the lease?
  • What are the service charges?
  • Does service charge include e.g. water?
  • Do owners have any control over increase in service charges?
  • Is any refurbishment due?
  • What is the ground rent?
See other tips on Buying a Property and Selling a Property.

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