Make sure you have enough cash on hand to cover purchase-related costs (various fees at your expense) and any potential upfront payments.

Costs can exceed initial estimates. As a precaution, consider setting aside an additional 10% of the purchase price.

Utilities & Monthly Expenses

Request details on monthly charges and recent utility bills. Also, ask for maintenance records of key equipment such as boilers and check property taxes !

Building & Co-Ownership History

Obtain the last 10 years of meeting minutes, the property's maintenance records, and the annual charge trends.

Compare similar properties in the area using trusted platforms like Castorus. You can also check the price history of the property you're interested in.

Negotiate Smartly

Know your maximum budget precisely. If possible, start by offering around 15% below the asking price, aiming for a counteroffer that aligns with your actual budget.

Consider Alternative Buying Methods

Auctions, purchasing an already occupied property, or co-buying can help you save money !

Ideally south-facing for optimal natural light throughout the year. You can verify this after the visit using Google Earth !

Request all required diagnostics, including the Energy Performance Certificate (EPC), asbestos, lead, etc.

Easements & Property Boundaries 

Check for any easements or property restrictions by consulting the local land registry.