How to buy a property in Scotland | ESPC's first-time buyer guide

In this episode, Paul & Megan are joined by Amy Howard (Neilsons) and Caitlin Keegan (Gillespie Macandrew) to get the best advice for first-time buyers. Amy & Caitlin share invaluable insights and advice for first-time buyers in the Scottish property market. They discuss the crucial steps to take, including appointing a solicitor, finding a mortgage broker, and understanding affordability. They also dive into questions to ask during property viewings and the process following an accepted offer, emphasizing the importance of clear communication and early preparation. Discover the current opportunities for first-time buyers in Scotland and gain a deeper understanding of the property buying process in this latest episode. If you are first-time buyer, sign up for our in-person first-time buyer event here: https://bit.ly/45XQ3YO Enjoy the episode? We'd love to hear from you! Send your questions and comments to us directly on [email protected] or via our social media channels. You can also help other people find us by sharing the episode or leaving us a review and rating from wherever you're listening! To find out more about ESPC and our solicitor estate agent member firms, you can head to our website: www.espc.com You can read our most recent house reports here: http://bit.ly/3CQlEQw Read the latest news from the property market in Edinburgh, the Lothians, Fife and the Scottish Borders here: http://bit.ly/3IPOR1T Skip to the part relevant to you: 0:00 Introduction 01:30 What's the first thing a first-time buyer should do in Scotland? 03:30 When do you have to pay for a solicitor estate agent? 05:25 How would a first-time buyer know they are ready to buy? 07:30 What can you use your Help-to-buy money for? 08:20 Which areas in Edinburgh would you recommend for first-time buyers? 11:59 What questions should buyers ask at a property viewing? 14:20 How do you make an offer on a property in Scotland? 15:30 What does a "note of interest" mean in Scotland? 16:55 When should you tell your solicitor about a property viewing? 19:25 What happens after an offer is accepted in Scotland? 20:33 How long do missives take in Scotland? 22:55 Is there any good news stories for first-time buyers? 25:24 Can you mortgage for fixed price properties? 26:00 Is Edinburgh a good place to buy for first-time buyers? ESPC is more than just a market leading property website. We are the home of property and are here to help you at every stage of your property journey. ABOUT ESPC ESPC is more than just a market leading property website. We are the home of property and are here to help you at every stage of your property journey. Whether you are buying, selling, a property investor or renting, ESPC is here with expert advice and thousands of properties for sale across Edinburgh, the Lothians, Fife, the Scottish Borders, central Dumfries and Galloway, and West of Scotland. www.espc.com