Typically, buyers in Belfast need a deposit of at least 10% of the property's value, though some lenders may offer 5% deposit mortgages (with a higher interest rate). For example, a £150,000 home would typically require a minimum of £15,000 as a deposit. Usually a higher deposit should secure a lower interest rate, so consider various scenarios based on what you can afford to put down. First-time buyers should explore support schemes like the Government Lifetime ISA, which adds a 25% bonus to savings (up to £1,000 annually).

From offer acceptance to completion, the average property purchase in Belfast takes 8-12 weeks. However, this timeframe can extend due to factors like legal checks, mortgage approval processes, or complexities within a property chain.

Begin by defining your budget and non-negotiable requirements. Then, explore properties online through portals like PropertyPal.com and Propertynews.com. Crucially, register your interest and specific criteria with local estate agents like us – we often have access to properties before they hit the wider market. Researching desired neighbourhoods is also key.

When viewing, pay attention to the property's general condition – look for signs of damp, cracks, or roof issues. Check the age and condition of the heating system, windows, and electrical wiring. Consider natural light, storage, and the layout. Also, assess the surrounding area, local amenities, noise levels, and transport links. Don't be afraid to ask questions!

Beyond your deposit, expect costs such as solicitor fees, mortgage arrangement fees (if applicable), survey fees (e.g., HomeBuyer Report or Building Survey), Stamp Duty Land Tax (SDLT) if the property value exceeds the threshold, valuation fees charged by the lender, and removal costs. Budgeting for these is essential.

Begin by defining your budget and non-negotiable requirements. Then, explore properties online through portals like PropertyPal.com and Propertynews.com. Crucially, register your interest and specific criteria with local estate agents like us – we often have access to properties before they hit the wider market. Researching desired neighbourhoods is also key.

When viewing, pay attention to the property's general condition – look for signs of damp, cracks, or roof issues. Check the age and condition of the heating system, windows, and electrical wiring. Consider natural light, storage, and the layout. Also, assess the surrounding area, local amenities, noise levels, and transport links. Don't be afraid to ask questions!

In Northern Ireland, most houses are Freehold, meaning you own the property and the land it sits on outright. Leasehold means you own the property for a fixed period (the lease), but not the land, which is owned by the freeholder. Leasehold is common for flats and apartments, and usually involves paying ground rent and service charges to the freeholder.

Once you've found a property you love, you typically make an offer verbally through the estate agent. It's advisable to follow this up in writing, stating your offer price, any conditions (e.g., subject to survey or mortgage), and your preferred timescale. The estate agent will then present your offer to the seller.

A property chain occurs when a seller needs to buy another property, whose seller also needs to buy, and so on. Your purchase is dependent on the success of all linked transactions. Chains can cause delays or even collapse if one part of the chain breaks down. Being prepared and having good communication with your estate agent and solicitor can help mitigate risks.

As your local estate agent, we act as a central point of contact throughout your buying journey. We help you find suitable properties, arrange viewings, facilitate negotiations between you and the seller, and liaise with solicitors and mortgage advisors to keep the process moving smoothly. Our local market expertise can also provide invaluable insights into Belfast's neighbourhoods and property values.