Key Things to Consider When Buying a Property in the UK

Buying a home is one of the most significant financial decisions you'll ever make. Whether it's your first step on the ladder or you're upgrading to your forever home, it's essential to look beyond the obvious. From location to long-term running costs, here are the key things to think about before you make an offer on a property.

1. Location and Local Area

The old saying is factual: location matters. Think about more than just the postcode. Consider: How close you are to work, schools, family or transport links. The feel of the neighbourhood is quiet, lively, and safe. What shops, gyms, parks, or cafés are nearby? How the area may change or develop in the future

Check out the local area at different times of day and speak to neighbours if you get the chance.

2. Your Budget and Mortgage Affordability

Know what you can afford before you fall in love with a property. This includes: Your maximum budget, including deposit, legal fees, stamp duty and removals. Monthly affordability not just the mortgage, but bills, insurance and upkeep. Whether you have a Mortgage in Principle to strengthen your offer.

A mortgage broker like Drummonds Finance Group can help you calculate what’s realistic based on your income and plans.

3. Size and Layout

Think beyond square footage—the flow of the space and how it suits your lifestyle matters just as much. Ask yourself: Does the layout work for how you live or plan to live? Is there enough storage? Will you outgrow the space too soon?

4. Condition of the Property

A beautifully staged home can hide underlying issues. Take your time during viewings and consider: Signs of damp, cracks or uneven floors. Age of the roof, boiler and electrics. Quality of windows and doors. If any renovations were done recently, ask for paperwork.

A professional survey is always a wise investment.

5. Running Costs

It’s not just about buying the house, it’s about maintaining it. Consider: Energy Performance Certificate (EPC) rating, Council tax band, Age and efficiency of heating system, Any service charges or ground rent (for flats)

Lower running costs can save you thousands over the years.

6. Potential to Add Value

Even if you’re not thinking about resale now, it's worth asking: Could you extend or convert the loft? Is there scope to update the kitchen or bathroom? Are similar properties on the street selling for more?

This helps protect your investment long-term.

7. The Buying Process

Understanding how the process works can save stress later. Necessary steps include: Getting a Mortgage in Principle, Making an offer and negotiating, Conveyancing and searches, Securing your mortgage offer, Exchanging and completing.

Our First Time Buyer page or Remortgage page has more details on this.

8. Emotional and Practical Fit

Finally, go with your head and your heart. Ask: Can you see yourself living there happily? Does the commute or local life fit with your routine? Can you grow into this home or will you need to move again soon?

Being clear on your priorities makes choosing the right home much easier.

How Drummonds Finance Group Can Help

We work with buyers across the UK, from Oxford and Bicester to London and beyond, offering honest, personalised mortgage advice to suit your situation. Whether you're buying your first home or your fifth, we’ll guide you through the finance side with clarity and care.

Please speak to us for a free chat, or explore our Buy to Let, Self-Employed, and Contact pages for more.