What you need to do
Plan your budget
Speak to a lender
Speak to a lender (bank, building society) or a mortgage broker or IFA (independent financial adviser) about your borrowing limits and products available.
Agree an offer price
Agree an offer price with the seller and give us full details of the offer, the property and the proposed financial arrangements.
Send a copy of survey report
Send a copy of the survey report (required by mortgage company, but you can pay to have a more detailed report) to us, in case there are points that the surveyor would like us to check.
What we do for you
Provide an estimate
Provide you with an estimate of our fees, including search fees, stamp duty, land registry fee etc.
Take your details and identification
What you need to do
Complete all forms
Complete all forms and provide all information to your lender or their agent (broker, IFA) to obtain your mortgage offer.
Send us payment
Send us payment for search fees. Tell us about any queries you have about the property at the earliest possible point.
Answer all questions
Answer all questions from us or your lender promptly; let us know as soon as possible about any problems with finance, or the property survey. Read carefully and ask questions about our Report on Title.
Send deposit monies
Send deposit monies to us.
Exchange contracts - celebrate!
Book removers
What we do for you
Draft contract
Receive the draft contract, title deeds and other papers from seller’s conveyancer and examine them in detail, asking further questions about the property. If necessary, carry out further searches on the property e.g. environmental.
Mortgage offer
Receive the mortgage offer from your lender.
Search results
Check through all search results and replies to enquiries.
Prepare a report
Prepare a report for you on the title to the property, highlighting any particular unusual rights or obligations on your part.
Agree timetable
Agree timetable for exchange and moving date with you and the seller’s conveyancer.
Request deposit monies
Request deposit monies from you.
Signatures
Obtain your signature on contract, transfer and mortgage deed in preparation for exchange.
Exchange contracts - celebrate!
Send contract
Send contract and deposit to seller’s conveyancer.
Prepare a ‘Completion Statement’
Prepare a ‘Completion Statement’ showing how all monies are being allocated for the purchase fees and taxes (‘stamp duty’).
When all documentation is signed, the mortgage offer is confirmed, the title is satisfactory for the lender’s requirements and all questions have been satisfactorily answered by the seller’s conveyancer, then ‘contracts are exchanged’ with the seller’s conveyancer and the completion/moving date fixed. You are now legally committed to buying the property! If you do not complete, you will forfeit your deposit and be liable for all fees and expenses.
What you need to do
Pay the balance
Pay the balance required to us in good time for your move.
Confirm moving date
Confirm moving date and time with your removers.
Confirm arrangements
Confirm arrangements for handover of keys to the house with the seller, estate agent, or with us (it varies).
What we do for you
Request balance
Request the balance of purchase monies from lender for the day of completion.
Day of completion
On day of completion, send the purchase monies to seller’s conveyancer. Telephone you as soon as the money is received by them and the keys are ready for you to collect – normally before lunchtime.
Following completion
We will telephone you to confirm completion and ownership of property. Timing cannot be exact especially if there is a chain of transactions.
