Work out your budget, but don’t forget you’ll also need funds to put towards fees like property searches, surveys, mortgage arrangement fees, solicitor’s fees, stamp duty, home insurance, removal costs and so on
2 - Property Search & Viewings
Being your search on the property portals such as Rightmove, Zoopla and On the Market. Once you have shortlisted the potential properties then contact the selling agent to arrange a viewing.
3 - Placing an Offer
Once you have found your next home it’s time to make an offer. We can guide you on this important step. Remember to make sure your paperwork is all in order so there isn’t any delay in your offer becoming accepted Paperwork to include:
- Photo I.D of Buyers,
- Proof of Current Address
- Proof of Deposit Bank Statements
- A mortgage in Principle letter from your bank or Financial Advisor
- Your appointed solicitor
4 - Contract Exchange & Completion
Great your offer has now been accepted, you will need to formally apply for your mortgage, Your solicitor will now begin all the legal work involved when purchasing a property. Once the contract has been signed by both parties the deposit (usually 10% of the purchase price) will be transferred or paid in the form of a banker’s draft from your solicitor to the seller’s solicitor. On completion day, you will be notified by your solicitor to collect keys either from the estate agent or seller themselves.