St Neots - How First-Time Buyers Can Make A Competitive Offer

November 27th 2020
By: Thomas Morris
St Neots - How First-Time Buyers Can Make A Competitive Offer

While the stamp duty holiday has boosted buyer demand and activity in the housing market, it hasn’t helped all buyers. The nature of the saving on offer means people looking to upsize property, or who are buying more expensive property benefit most.

This has left many first-time buyers feeling left out of the buying process right now. There are measures aimed at helping first-time buyers step on the property ladder. However, considering how challenging and difficult the process of buying your first property is, there can never be enough support.

We help you make an informed decision in housing market

At Thomas Morris, we are pleased to say we have assisted many first-time buyers across our various branches. This allows us to know what more buyers are looking for, and how we can be of greater assistance.

We also stay in touch with the latest research, and tips from agents in other parts of the UK. This ensures we are in a position to help you, and if you’re a first-time buyer looking to make a competitive offer, we can help you.

If you are buying your first property, the process will be new to you. You might be surprised at how competitive the housing market is.

Nick Manson, Director at Mansons, says: “If you want to be ready to compete with other buyers in such a buoyant market, then you need to spend time getting all your ducks in a row. Yes, the first step is boring, but it is absolutely essential. Speak to a financial adviser to find out exactly what you can afford and which mortgage route is best for you. There is a big misconception around the level of deposit required and how much you can borrow, so it’s important to be clear on your price range right from the outset.”

Nick also said; “It’s also beneficial to get a mortgage agreement in principle because this shows the estate agent and the vendor that you are a serious contender and a ready-to-go applicant.”

Get help from a local property expert

These are helpful tips, but we also believe it is vital to choose a local estate agent. When you work alongside a local agent, you benefit from their expertise and experience.

At Thomas Morris, we are proud to serve the St Neots community, and we look to bring buyers and vendors together”, said Thomas Morris St Neots Branch Manager Andrea Delaney. “If you need advice on where is best for your needs, or which type of home will appeal most to you, we are here to assist you, so please get in touch.”

Some of the key steps first-time buyers should take include:

  • Define what is most important to you – is it location, size, price, access to local amenities or a combination of these factors

  • Ensure your finance is in place, and you can afford the move you wish to make

  • Once you have an idea of the house you want, research property prices that apply to the home(s) you are interested in

  • Be prepared to view many homes, and to view the homes you like on numerous occasions


  • Arrange a mortgage in principle, as this will indicate you are serious about making an offer

If you are looking for help with any matter of the property market, it is best to speak to property professionals. You can book a sales or rental valuation appointment directly on line at a time and date of your choice by clicking here or alternatively or you can phone our St Neots branch on 01480 403020.