AN ESSENTIAL CHECKLIST FOR FIRST TIME BUYERS

Taking those first steps onto the property ladder is an unbelievable experience for any first time buyer – but, with all the excitement, it’s easy to forget about the small yet important tasks that need to be completed once contracts are exchanged. To help, we’ve pulled together this essential checklist for those preparing to buy their first home…

Banks: With paperless statements and online banking, informing the bank of a change of address is often forgotten! This can be very risky, as important documents could fall into the wrong hands. Also, don’t forget about credit cards or store cards either!

Council Tax: It’s important to settle your account and update the council on your new address as soon as possible.

Post Office: Organising for your post to be redirected will save you any hassle and avoid sensitive mail being sent to the wrong address.  This will also give you more time to ensure you’ve updated every account or subscription.

Insurance: Previously your landlord will have arranged your buildings insurance for you. As a homeowner, it’s now up to you to arrange it for your new home. You should also ensure your contents insurance covers your belongings in transit, as the removal van may only have limited cover.

Utilities: Take a reading of the gas, electric and water meters in your old home on the day you leave and give those readings to the utility companies. You’ll also have to give notice to your telephone and broadband service provider to switch off that service.

Internet: Try to plan this in well in advance, as installation can take several weeks. You should also try speaking with your current supplier, as you may be able to transfer it over to your new address.

Healthcare: If you’re moving into a new area, then your local doctor or dentist could have a long waiting list – so don’t leave this until the last minute! If you don’t need to change, then just be certain to inform them of your new address.