Property hunting is an exciting, yet daunting task. We want to make it as stress free as possible for you. Browse our properties, and when you are ready, give us a call. We’ve been matching people to properties for over 21 years now, and we would love the chance to help you too. In the meantime, our brief guide will help point you in the right direction…
Work out your budget – Both in terms of what price property you can afford and if you need a mortgage, how much you can borrow and how much it will cost each month. We would recommend speaking to an Independent Financial Adviser who will be able to offer advice and arrange finance with a range of lenders, if you do not have one try contacting Jason Matten – his details are on our financial page here.
TOP TIP! Don’t forget fees! These will probably include legal fees, surveys, stamp duty etc.
Research the market. Visiting our website is a great first start. Our new website has been designed to be as easy to use as possible with keyword search, photos, floorplans, location maps and area guides. There is now an enormous amount of information available online, particularly on useful sites including the NAEA, Rightmove, Onthemarket etc
Get in touch with us. Drop into our conveniently located High Street offices, email us or give us a ring to discuss your requirements. Although there is a lot of information available online, there is nothing quite like talking it through with someone knowledgeable, local and helpful. Most of our team will have visited properties we have for sale and should be able to answer all your questions about individual properties, the locality, and any questions you have on the purchasing process. And if we don’t know we will find it out for you.
View Get into as many properties as possible so you can make an informed choice. Generally one of our team will meet you at the property as a discreet guide giving you the opportunity to look for yourself, but being on hand to answer any questions you may have.
Make an Offer Once you have seen a property you like, you can make an offer. You may decide to go for the full asking price if there has been a lot of competition or you may decide to try something lower. When submitting an offer to our vendor, we will need to know your position, do you have a related sale, do you need a mortgage, how quickly do you wish to move etc. Our apologies if this sounds invasive but most vendors will wish to know your position before considering an offer, and a clear understanding of your position will help prevent any disappointment further down the line.
All offers will be presented to the vendor promptly and their decision relayed as soon as possible back to you.
Instruct Solicitor’s. Once our vendor has agreed to your offer, we will write to both parties solicitors providing the information they need to start the conveyancing process and you will need to instruct your chosen solicitor and sign their terms of business and provide identification etc. Below is a useful link to the conveyancing process but a brief overview, is as follows;
The vendors solicitor will send a draft contract to your solicitor who will make enquiries and do various searches to make sure that there are no problems with the title, or issues that may deter you from buying the property.
You will need to arrange finance and carry out any surveys you feel are necessary as to the structural condition of the property.
Depending upon the complexity of the title, yours and the vendors position, and other people who may be involved in the chain, this can take anything from a few days to several months but normally the process takes 8 to 16 weeks from offer to completion.
We have built up solid relationships with all of the solicitor’s in the town, and have found effective communication with all parties is key to getting the transaction through quickly and efficiently. We will keep you fully up to date throughout the buying process and will be on hand for any questions you have. You will need to liaise with your mortgage provider, if needed, so they are able to start their process, which will include sending a valuer to ensure everything at the property meets their requirements. A mortgage valuation, is however, not a guarantee as to the structural condition of the property and we would recommend a more detailed survey in most instances
Exchange of Contracts. Once your finance is in place, if needed, and your solicitors have carried out all their checks you will receive a copy of the contract to be signed. You will also need to pay a deposit, normally this is between 5 and 10% of the agreed purchase price. The completion date will be set; at an agreed date to suit all those in the chain.
Once exchange of contracts has taken place you will be legally committed to purchasing the property.
Completion. This is the stage when the balance of the purchase monies is paid to the owner of the house and the house becomes yours and you can have the keys. Your solicitor will let you and us know when legal completion has taken place and we will be in touch shortly after to confirm hand over arrangements for keys, which often takes place around midday.
The Law Society provide a useful guide on buying properties and we would really recommend having a read of it by clicking here.