Home Buying Tips For Oldham UK Residents

home buying tips oldham uk properties

Whether you are a first-time buyer or looking to move up the property ladder, there are a few key things to bear in mind when buying a home in Oldham, UK. With its close proximity to Manchester, Oldham is a great place to call home for those who want easy access to the city's amenities while enjoying a more relaxed pace of life. Here are a few tips to help you start your home buying journey in Oldham. 

Do Your Research 

It's important to have a good understanding of the local property market before making an offer on a home. Spend time browsing online listings and talking to estate agents to understand what kinds of homes are available in Oldham and at what price points. Find out as much as you can about the different neighborhoods in Oldham and what each has to offer. This will help you narrow down your search to the areas that best suit your needs and preferences. 

Consider Your Housing Budget 

Once you have researched and have a better idea of what is available on the market, it is time to start thinking about your budget. How much can you comfortably afford to spend on a new home? Keep in mind that along with the property's purchase price and disbursements, you will also need to factor in the costs of any necessary renovations or repairs, as well as ongoing costs like council tax and utility bills. Work with a mortgage broker to get an idea of how much you will be able to borrow and what your repayments will be. It is important to create a realistic budget and not overstretch yourself financially. 

Find The Right Property 

Once you have done your research and have a clear idea of your budget, you can start looking for properties that fit your criteria. With such a wide range of homes available on the market, it is important to take your time and find a property that ticks all the boxes. Pay attention to things like the condition of the property, its size and layout, and whether its located in a desirable neighborhood. If you are working with an estate agent, be sure to communicate your list of must-haves so they can help you find the perfect home. 

Get Professional Help 

Buying a home is a big decision, and it is important to have all the facts before making an offer. Engage the services of a qualified solicitor or conveyancer who can help to negotiate the purchase price and draw up the contract of sale. They will also be able to advise you on any potential legal or financial issues that could arise during the buying process. Oldham conveyancing solicitors AVRillo are experienced in dealing with both residential and commercial property transactions and can offer you expert guidance throughout the process. 

Make An Offer 

Once you have found the perfect property and have everything in place, it is time to make an offer. Be ready to act quickly if your offer is accepted, as there is often a lot of competition for desirable properties in Oldham. Your solicitor or conveyancer will help to negotiate the purchase price on your behalf and draw up the contract of sale. Once the offer is accepted, you will be required to pay a deposit, usually around 10% of the purchase price. 

Exchange Contracts And Complete the Purchase 

Once the contract of sale has been drawn up, and both parties have signed, the sale is legally binding. At this point, you will set up a completion date, which is usually around 4-6 weeks after the exchange of contracts. This time frame allows for any necessary searches or surveys to be carried out and for the mortgage lender to organize the release of funds. On completion day, the remaining balance of the purchase price, minus the deposit, will be paid, and you will be able to collect the keys to your new home. 


Buying a home in Oldham can be a great way to get on the property ladder in a desirable location. With a wide range of homes available at different price points, there is something to suit every budget. Be sure to do your research, work with a qualified professional, and have a realistic budget in mind before starting your search. With a little planning and patience, you will find the perfect home in no time.

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