| Jennifer Bailey

5 Ways to Save Money When Buying a Home in Torbay

When you’re buying a new home, there’s no denying that the fees can add up. With solicitor charges, new furniture costs and your hefty deposit to pay out for, you’ll no doubt be looking for ways to save money. To lend a hand, we’ve come up with five ways for you to save money when buying a home in Torbay .

1. Research fixtures and fittings

When sellers are preparing to move, they’ll let you know what fixtures and fittings they’ll be leaving behind. Sometimes, they’ll leave more items if you pay a bit extra. This could be a good deal – but it might not be! Before paying extra, research online to see how much the same items cost second hand. If you find a better deal, you can negotiate with the seller or politely decline to save yourself some cash.

2. Offer wisely

Sometimes, the best way to save money when buying a home in Torbay is to nab the best offer you can! You don’t want to undercut the asking price too much, but if you research well and make an appropriate offer, you could easily save money. If you think your offer is reasonable, there’s often no harm in giving it a try. If you’re unsure, ask your estate agent or mortgage advisor for advice before going all in.

3. Shop around for a conveyancer

A good solicitor can make all the difference when buying a new home. While it may be tempting to sign a contract with the first one that replies, make sure you get a few quotes first. This way, you’ll know whether you’re being charged an appropriate amount. Just remember that while something may be cheap, you may not get the best service. To secure a high-quality conveyancer, ask your estate agent for a reliable recommendation.

4. Switch energy tariff immediately

When you first move in, your home will still be with the previous owner’s energy provider. But they won’t charge you the same rate the previous owners had. They’ll likely put you on their standard tariff, which can be significantly higher than their other rates. When you first move into your Torbay home, take a meter reading and shop around for a new deal as soon as possible to save some cash.

5. Check removal quotes in both areas

If you’re moving somewhere completely new and need to hire removal services, get a quote from a company in your current area and your new area. You might find that a company closer to your new home has a better deal than the one just up the road.

Get help from the experts

Looking for more ways to save money when buying your new home? Here at Ridgewater Sales and Lettings, we can help you find the best home for the best price. Get in touch for a chat about the homes available in Torbay. You can reach us on 01803 525100 or via email at neil@ridgewater.co.uk.