Whether you are buying a home to live in or to let out to tenants, the process can be difficult at times. Fortunately, there are a number of tools that you can make use of to make the whole process a lot smoother.
Here is a guide to some of the most useful tools you can use today to help with your home search.
If you have seen a photo of a property that looks interesting, but you're not sure if you want to go out of your way to visit it, scan the area first by using Google Streetview.
It doesn't make up for visiting the area in person, but you can still use it to get a good idea of the appearance of the street and the surrounding area to decide whether you want to make the effort to see the property.
Yield calculators are very useful tools that you can use to find out the yield you can expect from renting your property.
The Mortgage Advice Bureau has an excellent yield calculator you can use for this purpose. Visit their page on our website to find a selection of tools, and also get advice about your mortgage to help you find the best product for your needs.
Stamp Duty Calculator
When you buy a property costing more than £125,000, you will have to pay stamp duty. This calculator at the Money Advice Service makes it easy to find out how much you will pay. Simply insert the cost of the property, and you will get a figure immediately, helping you to budget for your purchase.
Crime Map England and Wales
When you are thinking about moving into a new area, you may want to find out about the level of crime before you make a decision. The Crime Map England and Wales allows you to do this.
You can find out all about the area you want to move to, including the level of anti-social behaviour, vehicle crime and other types of crime, so you can make a more informed decision about the area. Find it on iTunes here for the iPhone and iPad.
This app, which you can find on iTunes, is a great little tool for finding out how much sunlight your chosen property will receive.
Perhaps you are viewing the property in the morning and you want to find out what the light will be like in the afternoon, or vice versa. With this app, you'll be able to work out where the sun hits any time of day through its use of augmented reality. You can also see a map of the property along with which direction the sun will shine at different times of the day.
Use These Helpful Tools when You Buy a Property
Buying a property may be stressful at times, but these tools can all help to make the process easier. Use them next time you start your property search and see if they can help make the process easier and more enjoyable.