What to do after viewing a property

Finding a home you love is exciting — but the real process begins after the viewing. If you’re serious about buying, the next step is to make an offer through the seller’s estate agent.

It’s important to remember that sellers don’t always choose the highest offer. Sometimes they go for an offer from the buyer who is ready to proceed quickly and smoothly. You should put yourself in the best possible position before you make the offer by:

• Applying for your mortgage and obtaining a mortgage Agreement in Principle. If you need guidance with your mortgage options, don’t hesitate to speak with one of our experienced mortgage advisers today.

• Appointing a solicitor – having a conveyancing solicitor lined up at this stage can save you valuable time down the line.

If you’re selling another property, you should ideally have it on the market before putting in an offer. It’s important to be clear about how you’ll fund your purchase before proceeding to make an offer. If you’re just getting started, we can help you with a property valuation.

Deciding how much to offer

Once you’ve decided that you want to put in an offer on a property, the next step is to work out how much to offer. Getting this right can be crucial — too low and you risk losing your dream home, too high and you could overpay. Consider these steps:

• Do your market research – Look at recent sale prices for similar properties in the area to understand a fair offer range.
• Know your highest offer – Decide the maximum you are willing and able to pay before entering negotiations.
• Balance risk and opportunity – You don’t want to lose your dream home with an offer that’s too low, but there may be room to negotiate.
• Consider seller motivations – Some sellers may value a quick, smooth sale over a slightly higher price.

How to make an offer

Contact the estate agent – Make your offer either by visiting your local branch or over the phone. It’s a good idea to follow up in writing. A call followed by an email works well — be sure to include the property address and the amount you are offering.

Be honest and transparent – Provide accurate details so the agent can present your offer in the best possible light to the seller.

Show that you’re serious – Having your finances and solicitor ready demonstrates commitment and can make your offer even more attractive.

Be ready to prove your position – The estate agent will ask for evidence of how you plan to fund the purchase (mortgage agreement, proof of deposit, or details of your sale if you’re selling a home).

Emphasise your position - Highlighting your position can make your offer more attractive. For example:

• First-time buyer – Sellers may prefer a first-time buyer with no chain, as it can simplify the sale.
• Cash buyer – If you don’t need a mortgage, emphasise this; it can make your offer quicker and more reliable.
• Ready to move – Let the seller know if you can move quickly, as this can be very appealing, especially to someone who wants a fast sale.
• Flexible on timings – Sometimes, being flexible on completion dates or taking minor conditions off the table can make your offer stand out.

Anti-money laundering checks

Anti-money laundering checks are standard procedure and typically take place once your offer has been accepted and before the purchase can proceed, ensuring everything is in order for a smooth transaction. Read our full guide on anti-money laundering checks for buyers here.