Buying a property

Buying your property can be a confusing time especially if you are a first time buyer.

There are 3 steps that we have to go through and they are explained below.

Step 1 - Purchase Agreed

Once you have instructed us we must wait to receive the pre-contract package from the seller's solicitor.

Once we have recieved the precontract package from the seller's solicitor we can then apply for the local authority search, and any other necessary searches. This process can take up to four weeks.

We will wait forthe search results and your mortgage offer and if your lender has any special instructions we shall follow these through.

Step 2 - Exchange of Contracts

Once we are satisfied that everything is OK we will prepare a property report and send it to you.

We will then prepare a property report and send it to you once we are satisfied that everything is fine and going smoothly.

We will then ask you to sign the contract and mortgage deed and provide a deposit. We shall agree on a completion date and then exchange contracts with the seller's solicitor. At this point the sale is now legally binding.

Once contracts have exchanged we can prepare the final accounts and any fiinal searches are then made against the property and yourself.

Step 3 - Completion

On the completion date we will hand over the balance of the funds and receive the title deeds from the seller's solicitors.

Stamp duty is paid if nessasary and we will then arrange to register the transfer at the Land Registry . Once the title is registered we will supply a copy to you and send the original document to your lender.