Buying a house in Cornwall is a great idea. Not only is it an excellent location due to its picturesque natural beauty and relaxed culture, but it also has far more reasonable prices compared to many other areas.
On top of that because Cornwall is one of the top tourist destinations in the UK, you should be able to let out your property fairly easily – if that’s what you want.
Although finding the right house and deciding whether or not to buy it can be a bit tricky, there are four useful tips that may help on that front:
- Come up with a budget
Never make the mistake of starting to look at houses in Cornwall without first coming up with a specific budget. It should be based on how much you can afford, both in terms of the down payment, fees, and loan repayments.
The last thing that you want to do is waste your time looking at houses that you can’t afford. More importantly you don’t want to end up falling in love with a house and breaking your budget to purchase it.
- Figure out which part of Cornwall is best
Finding the right area to buy a house in Cornwall is key and you should base your decision on your intentions for the house. If you want it to act as an investment you should look its rental potential as well as whether or not its value will appreciate. On the other hand if you want it to be a home that you stay in, you should look at whether it fits your tastes.
Currently some of the top spots for buying a house in Cornwall include St Ives, Falmouth, Newquay, and Padstow – but you may want to consider other areas too.
- Use a local estate agent
Browsing through property listings online is all well and good, but you should also enlist a local real estate agent. The fact of the matter is that a local agent will have more resources, and will be able to inform you about properties that aren’t on the market yet, or that may not be listed online.
- Try to arrange a visit
Before you put pen to paper and finalize the deal, try to arrange a visit so that you can actually take a look at the house that you’re buying. The visit will let you check up on the property, spot any issues, and make sure everything is up to scratch.
If you are staying far away, you may want to set aside a weekend and visit several prospective houses at the same time so that you don’t waste any time.
With the help of these tips you should be able to easily find the right house to buy in Cornwall, regardless of whether it is to stay or as an investment. That being said you must do your research in advance, and pinpoint exactly what you are looking for in the house you want to buy.
