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| Buyers Guide |
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The process of buying a property can be complex and time consuming. We've broken it down into a step by step guide, explaining what happens at each stage. Of course if you have any questions, please contact us and we'll be happy to help.
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| Register with us |
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In a fast moving market it’s worth registering details of what you are looking for. You will receive priority information on new properties coming to the market, giving you the chance to view early. Register over the phone or by visiting one of our offices.
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| Mortgages |
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It makes sense to have a mortgage agreed in principle before you start your search. This will help you define your options, and put you in a stronger position when you make an offer. To find the mortgage best suited to your individual circumstances we recommend speaking to an independent mortgage broker.
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| Viewings |
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Viewings can be conducted by appointment between 9am – 6.30pm Monday to Friday and 10am - 4pm on Saturdays.
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| Making an offer |
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Once you have found the right property, we will put your offer forward to the seller, both verbally and in writing. This is an initial statement of interest and is not legally binding at this stage. We are always on hand to guide you through the negotiating process.
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| Legal |
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You will need a solicitor to handle the legal paperwork involved in the purchase. A solicitor who is familiar with the area and specialises in conveyancing will be able to handle your purchase with greater efficiency. Should you wish, we would be happy to provide you with a recommendation.
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| Sale agreed |
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Once your offer is accepted you should instruct your solicitor to proceed immediately. It is now that the details of the purchase, such as exchange and completion dates, are agreed between you and the seller. You should also instruct your mortgage broker to proceed with your mortgage application, if required, and make arrangements for a survey of the property.
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| Draft contract |
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A draft contract will be drawn up by the seller's solicitor and sent to your solicitor. Your solicitor will examine the details of the property to be purchased, request a local authority search and documentation relating to the terms and responsibilities of ownership; such as management of the building, restrictive covenants and planning permissions.
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| Survey |
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A survey is carried out on the property by a surveyor on behalf of the mortgage lender to identify any structural problems and confirm the property's value.
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| Contract approval |
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Once these preliminary enquiries are satisfied the draft contract is approved by your solicitor, providing there are no further issues to be agreed.
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| Mortgage offer |
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A formal mortgage offer will be sent to your solicitor for you to sign. Once signed and returned your mortgage is in place and you are now in a position to exchange contracts.
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| Exchange of contracts |
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The contract is signed by you and the seller and the deposit (usually 10% of the purchase price) is transferred or paid as a banker’s draft by the you solicitor to the seller’s solicitor. At this point the final completion date is also set.
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| Completion |
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Completion can be set anytime from a few day to a few weeks few after exchange of contracts, depending on each parties' personal circumstances. Upon completion the remaining funds are transferred from your solicitor to the seller's solicitor's account. Once received the sale is complete, and you are now the new legal owner of the property.
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