It is very important when looking to purchase a property that you have a clear idea as to your requirements; whether it is the location you are looking to move to, the size of the property or the budget you have to stick to, this is vital before even starting you search.
When starting your search, it is important to review the property market, gain an understanding of how it is currently and compare properties that are on the market in the area.
Our specialist team of financial advisers can put you in touch with lenders, find you the most cost-effective solution that suits you, fixed or variable rate. We help you compare these allowing you to make a well informed decision and provide you with a view on your repayments.
This process involves negotiating the terms of the offer, the timescale and the proof of affordability. Vendors will be considering offers on the basis of the timescale in which buyers can exchange and complete on the property, meaning that it is certainly favorable to ensure that financing is in place and you have appointed a solicitor to take care of the legalities when purchasing a property. Vendors will consider the terms of the purchase dependent on the sale of another property or the funds already in place.
Once the offer has been accept-ed, the solicitors will be finalising all the legalities of the sale and an exchange of contracts will take place. Before exchange, the deposit will be sent over to your solicitor and a date set for completion.
Moving is a long, tiring process. However, we would suggest trying to prepare as much as possible before the big day.