Steps to take when buying a property:
Register in order to get a competitive advantage. Often the best properties will be spoken about and/or emailed to our database of buyers first. Many properties will be marketed on a low key basis initially, meaning the portal websites will not be advertising them, but we will be sharing them with our list of buyers.
How much can I afford? Should you require independent mortgage advice, we can put you in contact with someone we know and trust, with access to the whole market, they can often know the best rates to suit your employment and other circumstances.
Do you need to sell your current home? If so, we would love to come and advise you on where it may sit within the current, ever moving, market place.
Book your viewings. Please contact us via phone, email or via our website portal in order to let us know some times you will be available to view.
We aim to attend all our viewings, unless our vendor has stipulated they do not wish to have them accompanied, upon which, we shall notify you prior to the viewing.
Instruct a solicitor. All successful transactions require a quality solicitor, don’t worry, we have worked with many over the years and will be more than happy to arrange a series of quotes for you to choose from.
Make an offer. At this point you may need to provide a mortgage lender Agreement In Principle (AIP) and confirmation of your chosen solicitor. Upon acceptance of an offer, there is no legal obligation on either side until an exchange of contracts.
Offer accepted. Upon receipt of an accepted offer, we shall draft up a sales memorandum, of which, you, the vendor and all solicitors involved shall receive copies of.
Conveyancing. This is the term used to describe the work no undertaken by each parties solicitor. The vendors will require fixture and fittings list and property information forms to be completed, in order to send out a draft contract to the purchasers solicitor. Who shall raise enquires (questions about the property being bought) and apply for searches (further questions to the local authority).
Survey and mortgage offer. If you are using a mortgage, your lender will require access for a mortgage valuation, at this point, you can bolt on a homebuyers report, or, you may wish to instruct this separately. Should you require independent surveyors, we will be happy to point you in the right direction.
Exchange of Contracts. This is where, usually, 10% deposit is sent from the buyers solicitor (or held on account) to the sellers solicitor and up the chain if there is one and a fixed date for completion day is mutually agreed between all parties.
Completion day. Congratulations, you are now the owner of your new home. On the day, we shall contact you as soon as the keys have been released and the vendor is clear of property.