ezelet

Our step by step guide to buying a property

Buying property can be a complicated process. This step-by-step guide has been designed to walk you through the process of buying property.

Step 1. Register your interest

The first step is to register with us either by calling us on 01206 564700 or you can visit out office where you can discuss your property requirements with us.

Step 2. Search, search, search

With a clear understanding of your requirements you will receive a selection of properties that match your criteria. In order to secure a property, we recommend an early viewing.

Step 3. Mortgage

It is advisable to get your finances, including your mortgage, agreed in principle as early as possible, as having to organise finances after you have found a property can result in losing out to another person who is ready to go.

Step 4. Viewings

We're open at times to suit you, convenient for viewing after work and at weekends.
We are open Monday to Friday 9am to 5.30pm and 10am to 4pm on Saturday.

Step 5. Making an offer

Once you've found a suitable property, we'll put your offer forward to the seller, both verbally and in writing. Any offer is subject to contracts being signed.

There are no legal obligations on either side until contracts are signed.

Step 6. Legal

A solicitor will be required to handle the legal paperwork involved (known as conveyancing).

It is preferable to use a solicitor who knows the area that you're moving to and specialises in conveyancing.

We have a selection of tried and tested solicitors that are experts in property transactions who we would be happy to recommend.

Step 7. Sale agreed

Once your offer is accepted, you will need to instruct your solicitor to proceed immediately.

At this stage it is a good idea to discuss exchange and completion dates.
This is also the time to instruct your mortgage broker to proceed with your mortgage application and make arrangements for a survey.

Step 8. Searches and surveys

A draft contract is drawn up by the seller's solicitor and sent to your solicitor, who will raise some preliminary enquiries.

Your solicitor will either request their own necessary searches or will use the information already provided in the seller's Home Information Pack.

A survey of the property will also be booked by a surveyor on behalf of the mortgage lender to identify any structural problems and advise on the property's value.

Step 9. Contract approval and mortgage offer

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 you to sign. Once signed and returned, your mortgage is in place and you are ready to exchange contracts.

Step 10. Exchange of contracts

The contract then needs to be signed by you and the seller.

The deposit (usually 10% of the purchase price) is telegraphically transferred or paid by the buyer's solicitor in the form of a banker's draft.

The completion date is then set.