Tetbury, nestled in the heart of the Cotswolds, is a charming market town renowned for its historic architecture, vibrant community, and proximity to stunning countryside. For those looking to buy a home in this picturesque location, this guide will walk you through the process while highlighting the benefits, costs, and practicalities involved.
Why Choose Tetbury?
Tetbury offers a blend of heritage and modern amenities. Known for its antique shops, independent boutiques, and delightful eateries, the town has a thriving community spirit. Proximity to larger towns like Cirencester and excellent transport links to cities such as Bristol and Bath make Tetbury a perfect balance of rural and urban living. Families are drawn to its reputable schools and safe, welcoming environment, while professionals and retirees appreciate the town’s tranquility and charm.
Step 1: Understand Your Budget
Before starting your property search, it’s essential to establish your budget. Consider not just the cost of the property but additional expenses such as:
- Stamp Duty: Stamp Duty Land Tax (SDLT) is payable on properties over £250,000. For first-time buyers, there’s relief on purchases up to £425,000. For example, a £300,000 home would attract £2,500 in stamp duty for non-first-time buyers.
- Solicitor Fees: Legal costs typically range from £1,000 to £2,000.
- Survey Costs: Surveys vary from £400 to £1,500 depending on the type and detail required.
- Other Costs: These include mortgage arrangement fees, removals, and any immediate repairs or renovations.
Step 2: Find the Right Property
Research the Tetbury property market to identify homes that meet your needs. Options range from quaint cottages to modern family homes. Consider the following:
- Proximity to Amenities: Homes near the town center offer easy access to shops, schools, and restaurants.
- Countryside Access: Properties on the outskirts may provide more space and stunning views of the Cotswold hills.
- Investment Potential: Tetbury’s popularity ensures strong demand, making it a good long-term investment.
Working with us, as we are familiar with Tetbury’s market ensures you’ll receive expert advice and guidance tailored to your requirements.
Step 3: Arrange a Mortgage in Principle
Having a mortgage in principle demonstrates your seriousness as a buyer and provides clarity on what you can afford. Approach your bank or a mortgage broker to discuss your options and secure this document.
Step 4: View Properties and Make an Offer
Once you’ve identified suitable properties, arrange viewings to assess their condition and suitability. When you find your ideal home, work with your estate agent to make a competitive offer. In Tetbury’s market, being prepared and flexible can help you stand out.
Step 5: Instruct a Solicitor
Once your offer is accepted, you’ll need to appoint a solicitor to manage the legal aspects of the purchase. This includes conducting searches, preparing contracts, and liaising with the seller’s solicitor.
Step 6: Arrange a Survey
A property survey ensures there are no hidden structural issues. Choose a survey level appropriate to the property’s age and condition. Your estate agent can recommend trusted surveyors in the area.
Step 7: Exchange Contracts
Once all checks are complete, you’ll exchange contracts with the seller, committing to the purchase. At this stage, you’ll need to pay a deposit (usually 10% of the property price).
Step 8: Completion Day
On completion day, the remaining funds are transferred, and you’ll receive the keys to your new home. Congratulations – you’re now a homeowner in Tetbury!
Living in Tetbury
Owning a home in Tetbury offers more than just a place to live. You’ll enjoy a community steeped in history, annual events like the Woolsack Races, and access to attractions such as Highgrove Gardens and Westonbirt Arboretum. Whether you’re raising a family, starting a new chapter, or looking for a peaceful retreat, Tetbury has something for everyone.
Buying a home is a significant milestone, but with careful planning and local expertise, the process can be smooth and rewarding. If you’re ready to begin your journey to owning a home in Tetbury, get in touch with our team for professional advice and support.
Why Choose Adkins Property?
Adkins Property is your trusted estate agent, offering expert advice and a personal approach to buying, selling, and letting homes in this sought-after Cotswold towns. With years of experience in the local market, we provide professional guidance tailored to your needs.
Local Knowledge & Expertise
Tetbury is a historic and desirable location, and our in-depth understanding of the local property market ensures you receive accurate valuations, strategic marketing, and expert negotiation to achieve the best results.
Award-Winning Service
As a multi-award-winning estate agent, we are known for our integrity, transparency, and exceptional customer service. Whether you are selling a character cottage, a modern home, or a countryside retreat, we offer a seamless experience from start to finish.
Proven Marketing Strategies
We maximise your property’s exposure through leading online portals such as Zoopla and OnTheMarket, as well as targeted social media campaigns and our extensive buyer database.
Tailored Support for Buyers & Sellers
Every client is unique, and we take the time to understand your goals. Whether you’re looking for a forever home or a smart investment, we provide honest, professional advice to guide you every step of the way.
A Personal Approach
As a family-run business, we value strong relationships and a hands-on approach. Our team is dedicated to ensuring a smooth and stress-free experience, making us the preferred choice for property sales and lettings in Tetbury.
If you’re thinking about buying or selling in Tetbury, contact Adkins Property today – your local expert with a commitment to excellence.
