Eastlife Autumn 2020

Lovell
Homes
offers its
top tips for
homebuyers
Written by Adrian Garrood,
regional sales manager at Lovell
Moving home can be very confusing, with masses of
information available which can often make the process feel
overwhelming.
Top tips for ensuring purchasers can make the most out of their
home moving experience include:
1. Research the area and developer
Before committing to a new-build property, do thorough
research into the area you want to live in and into the
housebuilder. Find out what developments they’ve built in the
past, as this will provide a good insight into the quality of their
homes.
2. Get the most out of your first
appointment at the development
Exploring the development and showhomes available is
hugely beneficial, and is an ideal opportunity to talk with sales
executives to find out more about if the development suits your
requirements.
3. Ask what is included in your new
build
Finding out exactly what your new home includes before
signing a contract is hugely important and will avoid any future
problems. By querying with the developer about white goods,
gardens, parking arrangements and more, you can ensure that
your home will perfectly suit your needs before moving in.
4. Take advantage of the Governmentbacked
Help to Buy: Equity Loan
scheme
For first and second-time buyers, the Help to Buy scheme can
massively help financially. Brand-new properties can be bought
with just a 5% deposit, and the remaining amount is made up of
a 75% mortgage and a 20% equity loan, which is interest free for
the first five years.
5. Use the Part Exchange scheme
The Part Exchange scheme guarantees a genuine cash buyer,
meaning purchasers can have a stress and hassle-free buying
experience, and eliminates the need to pay estate agent fees.
6. Research the reservation process
Once you’ve selected a property, keep on top of the reservation
process. This is a great time to discuss the above-mentioned
financial schemes, or contact an Independent Financial Adviser
if you need extra support.
For further information about the homes Lovell has available in
East Anglia, visit www.lovell.co.uk
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