Finding your home
If your a First Time Buyer or its been a while this process may help!
The search begins:
- With a clear understanding of your requirements we will access all properties that match your criteria.
- Full details of this selection will be sent to you.
- These can also be printed from this website.
- However, in order to secure a property, we recommend an early viewing.
Mortgage:
- It is advisable to get a mortgage agreed in principle as early as possible, as this will speed up your mortgage application.
- We can provide totally independent impartial advice.
- Give Wendy Barrie a ring or click "Call Me Now"
Viewings:
- We conduct viewing appointments on Weekdays
- These need to be booked during our office hours which are
- Monday to Friday 9.00am - 5.30pm and Saturdays 9.00am - 4.00pm
Making an offer:
Once you've identified a suitable property
- We will put your offer forward to the seller both verbally and in the form of an offer letter.
- Any offer is subject to a contract being signed
- At this stage there are no legal obligations for the buyer to buy, or
- For the seller to sell, until the contract is signed.
Legal:
- A solicitor will be required to handle the legal paperwork involved (conveyance).
- It is preferable to use a solicitor who knows the area that you're moving to and specialises in conveyancing.
- We recommend that you consider Complete Conveyancing.
- You may also want to consider Complete Home File
Sale agreed:
- Once your offer is accepted, you will need to instruct your solicitor to proceed immediately.
- Always ensure that exchange and completion dates are agreed at this stage.
- This is also the time to instruct your mortgage broker to proceed with your mortgage application and make arrangements for a survey.
Draft Contract:
- This is drawn up by the seller's solicitor and sent to your solicitor, who will raise some preliminary enquiries and make a Land Registry search.
Local Authority Search:
- Your solicitor will submit a local authority search to the local borough council.
- This will reveal, for example, planning consents granted for the property and other local issues.
Survey:
- A survey is carried out by a surveyor on behalf of the mortgage lender to check for any structural problems and advise on the property's value.
- If you are purchasing without a mortgage you will likely want your own survey carried out.
- Complete Surveys can do this job for you within our trading area
Contract approval:
- Once results of the local search and answers to the preliminary enquiries are received,
- The draft contract is approved by your solicitor providing there are no further enquiries.
Formal mortgage offer:
- This document will be sent to your solicitor for your signature.
- Once signed and returned your mortgage is in place and you are ready to exchange contracts.
Exchange of contracts:
- Now the contract is signed by both buyer and seller
- The deposit (usually between 5% - 10% of the purchase price) is either telegraphically transferred or paid by the buyer's solicitor, by banker's draft.
- The completion date is set at this stage.
Completion:
- This is generally set anything between a few days and a few weeks after exchange of contracts, depending on the sellers and your personal requirements.
- Residual monies from your mortgage company (usually about 90%) are now transferred from your lawyer's to the seller's lawyer's account.
Finally:
- Congratulations, you are now the legal owner of your new home!