Common mistakes to avoid when buying property in London

By Benham and Reeves

Jan 23, 2026, 11:08 AM IST

Overlooking hidden costs such as stamp duty, legal fees and renovation expenses can wreck your budget

Ignoring commute times and transport links can make daily life a hassle and reduce resale value

Skipping a thorough survey or ignoring structural issues can lead to expensive repairs after moving in

Falling for market hype and buying overpriced properties can trap you in a poor investment

Not checking existing service charges, lease terms or building safety compliance can cause legal headaches

Do your homework, budget carefully and work with trusted professionals to avoid costly mistakes when buying in London