Charlie's 10 Golden Rules of Buying a Home (without overpaying)

[@awake573]

Your advice has been invaluable to us Charlie. We had an offer accepted for £350k on an asking price £375 last Summer but the seller pulled out last minute. We started again a few weeks back and this time found a perfect house advertised at £310k. After a bit of time our once only cash offer of £280k was accepted, despite the agent trying to push that price up. No chain involved as it's another landlord selling up so 🤞 (Eastbourne).

[@awake573]

Anecdotal evidence for you Charlie of the house price slide. We sold our two bed terrace in Eastbourne in October 22 for £309k. The house next door, exactly the same layout and condition, is now on the market for £280k and has been on the market for a while. I expect it to sell for around £250/260k.

[@persefonielux9976]

Great Stuff. Thanks. You have really opened our eyes to our prospective upcoming purchase. We appreciate you and congrats on your well deserved internet success!!

[@pejp5890]

Thank you so much for your advice and first time buyer template, it really works! I was gutted when I had to walk away from my first purchase in great area due to survey results, just before exchange a month ago. By listening to you I’ve saved myself from overstretching in desperation to avoid stamp duty. With some favour and your offer template, I’ve had an offer accepted on a property at the £25k reduced asking price updated on Boxing Day despite the agent thinking he can get £15k more specifically because of the offer letter and being ready to move quickly. 🎉 (Greater London)

[@MovingHomewithCharlie]

Congratulations! 🥂

[@montydee5914]

Fantastic. Transcribed everything to Word, as I've done with many other of your videos.

[@coraho546]

Thanks Charlie. My offer was accepted over a substantial higher offer from the other, because I have everything ready as you said. But also it was because the other buyer has a chain.

[@StormBlueHull]

Thanks C. I hadn't thought about Golden Rule 10. Indeed, will remember.

[@op1ekun81]

Just wow ... like we don't have other things to worry about while buying a home o_O

[@keimaye]

Thanks Charlie, this is super helpful, I like the way you break this all down - it's digestible :)

[@MovingHomewithCharlie]

Glad it was helpful!

[@HB-md8ly]

Thanks Charlie for the helpful and succinct re-cap! Now putting your guidance into action!

[@MovingHomewithCharlie]

Good luck!

[@gommine]

Thank you for this video. Number 2 is tricky when you are looking to buy in a different part of the country. Do you have any advice on that?

[@davidrobertson3829]

Thanks for this Charlie !

[@MovingHomewithCharlie]

My pleasure!

[@kayartist]

thank you for all your advice Charlie i use it all the time xx

[@MovingHomewithCharlie]

Any time!

[@ExoticDoll-ct3ud]

Brilliant vid. Charlie, I am searching to buy a £250k newbuild detached house or bungalow. Do the 10 rules apply exactly the same for new-builds in my type plz? I hear often, you pay more for new-builds, and just curious roughly how much more, e.g. 10%, 20% or 25% plz? I don't mind paying a bit more, I currently live in a house I purchased from new and have enjoyed every moment of my 20-yrs here. Ty

[@kayartist]

I'm always amazed and annoyed when I ask the estate agent on a viewing what they know about the property and they say nothing really , so i go outside and ask a few neighbours a few questions and find out a tone of information , this happens a lot ,its as if they just can not be bothered and don't want to be there , its embarrassing and they look stupid it really annoys me

[@amirmxd]

Charlie, it would great if you created some sort of calculator tool where not only FTBs but other prospective buyers can compare the differences between buying and renting, taking inflation and wider variables into account?

[@phoenixkali]

I am looking and looking hard. However I’m frustrated with looking only to drive by and see a sale agreed sign outside before I’ve even booked a proper view. It’s a waste of my time and money checking out first impressions. I’ve had it with phoning an agent to be told it’s sale agreed when the ad doesn’t say. I’m not a gazumper that’s not my style. Also being told after viewing that the seller is looking for x amount more than asking price. Can the agents play ball please?

[@Remz727]

What’s the details for your conveyancer?

[@MovingHomewithCharlie]

mhwc.co.uk/conveyancer

[@christina4018]

I need a lifetime mortgage which 3 brokers confirm I can get, but all 3 say nothing they can do until I find a property 🙄. Does anyone know if that’s the rule, or can I get the lifetime mortgage agreed before viewing as per Charlie’s advice please 🤔

[@MovingHomewithCharlie]

You should be able to get a “decision in principle” or a “mortgage in principle” first. If the brokers aren’t offering that to you I’d change broker or talk to my broker partners who will be happy to help mhwc.co.uk/mortgage

[@christina4018]

❤🎉thank you I will do that

[@samantha392]

Number 10. So important. Number 11. Would be if you have a reservation don't buy, there will always be another opportunity and a better one

[@stephengreen8986]

Sleeping on it after you've made the offer. If the work and prep has gone in you have your buying strategy ready BEFORE in discussion with your broker. Example we had pre prepared with 2 photos for the December 26th pile on. While in hospital I said we might have a buyer for one of a pair of apartments in a grade 2 listed building. These sales have fallen because so many people have been on Abbey's course or the Christian with the Lambo and went to the pub and didn't come back after lunch. We have a double sale and sale preparations at full asking price and are investigating whether and how we can legally put the proceeds in a trust paying family members to receive proper training. Needles to say as Nor Folkers say we have proved that Charlie knows what he is doing.

[@RB-kg6kz]

😊❤

[@rookiediver]

Time to come up with new material, Charlie, as just regurgitating the same advice

[@MovingHomewithCharlie]

This is the first time I’ve put these 10 steps all in one video, and it’s specifically for the 1,000+ new followers I get every month to get up to speed easily. Not intended for all you lot who’ve been following me for years! 😘

[@alexdickson7761]

@@rookiediver the house buying process hasn't changed in England so I would hope the advice hasn't changed. If it was a load of new advice then it would clearly be for the YT views! If you're a know it all, no need to watch it!

[@ExoticDoll-ct3ud]

If it's helpful and useful content, which I personally found it brilliant, then what is the problem?

[@phoenixkali]

I followed Charlie for over 2 years. Now I’m really moving, this is a useful recap.

[@101trails]

This video has so many adverts I am losing my trail of thought.

[@MovingHomewithCharlie]

I recommend YT premium for wiping out ads as well as a bunch of other features