If you already own a property and decide to move the first thing you need to do is work what you can afford.
To help you to establish how much you can afford the best place to start is the free Obligo tool, PriceMyPlace. PriceMyPlace will give you a free and accurate valuation on your existing property. From this you can deeduct the amount you owe on your existing mortgage to calculate the amount you have left to cover a deposit, fees, and taxes associated with a property purchase.
Then, using our free Obligo mortgage calculators, you can work out how much you can afford to borrow.
At this stage consider getting an agents valuation of your existing property and then check that your calculations are valid and adjust where necessary. If you need to sell be realistic on your price, take the agents advice and consider agreeing a sale on your property before you go looking. You will also need to have a home information pack before you can advertise your property. You can obtain a HIP and instruct a lawyer using Obligo.
