We will assist and guide you step by step through the buying process which entails the following:
Setting your budget: Often your original budget will change during your property search.
Getting your finances in place : Ensure at an early stage of your property search that you have your mortgage agreed in principle and that you have factored in a set amount to put aside for your survey, moving cost, conveyancing and stamp duty.
Selecting a specific property: What is most important to you? The school catchment area, the garden size, the loft, the number of bathrooms or bedrooms, the location, the proximity to shops and public transport?
Making an offer: This may sound simple, however if you do not consider the vendor’s position to ensure that your offer is the most attractive offer he/she will receive, you could lose out on the property of your dreams. For example, a vendor would choose a cash buyer or a buyer with their mortgage set up/agreed in principle over a potential buyer who does not have his/her finances in place or who are in a chain without having an offer accepted on their own property.
Arranging a mortgage: If at this stage you do not have a mortgage lender, it is imperative that you get your mortgage set up as soon as possible. It is important to ensure that you are getting the best rate and the most suitable terms.
Finding a solicitor or conveyancer: The efficiency and speed of the conveyancing service can influence in great length how soon you can exchange and complete.
What type of survey will you need: This can depend on the mortgage lender or if you are a cash buyer, the age of the property. There are 3 types of surveys (Condition report, Homebuyer report & Building Survey).
Arranging a deposit : This will be be necessary for exchange of contract.
Exchange of contracts : Ensure that you have agreed on a completion date on exchange of contract to avoid any delays.
Final arrangements and negotiations : Anything you have discussed to include, such as certain fixtures and fittings amongst other requirements should be documented.
Completion: This is when the final payment is made and you take possession of your new home.
Following completion: Your solicitor/conveyancer will send you or your agent an account, covering all their costs and disbursements, as well as the purchase price of the house and stamp duty.