First Time Buyers Checklist: 4 Things You Should Do Before Buying Your First Loft

If you are a first-time buyer, there are many things that you need to plan and consider before you take the plunge and purchasing a new home. If you are particularly interested in buying a loft, there are a few extra things to consider. Here are 4 things you should do before buying your first loft.

Local Neighbourhood

If you have fallen in love with a loft space but aren’t au fait with the local neighborhood, make a few trips to see it at different times of the day and during weekends. During the day, the area might seem quiet and relaxing, but the evening could bring a completely different vibe. Ask around for general opinions on the location and talk to friends and family to see what they know. 

Price is usually a good indicator of how good an area is. If you can’t believe how cheap the loft is, there’s usually a reason for it – and it might not be a good one. 

Appoint a Real Estate Lawyer

When buying a loft, it’s important to know that the right permissions have been obtained and granted and that the title to the property is clear. A real estate lawyer will help you through this process and make sure that you are aware of any communal burdens and restrictions. They will also check that the necessary inspections and approvals have been carried out. 

As suggested by the law firm, Skyview Law, buying real estate can be like navigating a minefield, so it’s important to have a specialist on board to help you along the way.   

Measuring Up

One of the many great things about loft living is that the space is pretty flexible. However, it’s still a good idea to measure up in advance of moving in as it will give you a good idea of where your furniture is going to go. If the loft you intend buying is still under construction, speak to the developer, and ask for approximate measurements. 

If you are at all unsure whether your furniture and other belongings will fit, it’s a good idea to wait until you have moved in before you buy anything. 


Before making an offer for the loft you have in mind, it’s crucial to know that you can afford the monthly expenditure. It’s not just your mortgage that you need to consider. There are likely to be costs associated with areas that you jointly own with the other residents of the building. Bills such as electricity, gas, and water can also add a fair chunk to your monthly or quarterly outgoings. The cost of living expenses such as food, clothes, and entertainment also needs to be factored in. 

Total up all of the anticipated costs, and add around 10% contingency to that figure. If you feel that you might struggle, you might want to consider whether the purchase is the right thing for you at this time. 

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