LogoLogo

Our Branches

Peterborough Office

Contact Office
Area Guides

Crowland Office

Contact Office
Area Guide

Buying

Buying

Buying

Whether you are a first time buyer or simply need a refresher in the process we can help. Here are a few steps to get you going.

Contact us

Contact us

Telephone
Sales:
Peterborough-01733-563965
Crowland-01733-212305
Yaxley-01733-426262

View the selection of properties we offer, and we’d love to give you first refusal. Tell us about your dream home and if we don’t already have it on our books, we’ll make it our mission to find it.

Financing your property

Financing your property

There isn’t any harm in being prepared, even if you haven’t selected a property, knowledge is power and preparation is the key of accessibility. A mortgage is a vital part in any buying process and a good independent mortgage advisor will work out what you can afford and will have access to the very best home loans from the whole of the market.

Paperwork is essential – Don’t forget that most lenders will need to assess your finances in order to make a concise decision about your ability to afford and maintain mortgage repayments. So be prepared to provide proof of income, and any savings or deposit you may have.

Viewings

Viewings

After your initial mortgage consultation at Step 2 – you are now equipped with all the key information. You should have a style of property in mind and an idea of that all-important budget. So, nothing left to do but book some viewings.

Top Tip – The process of buying a home can be extremely overwhelming so to make sure you don’t miss out on any important information, make a list of questions you would like to ask and take them along to your viewings. No respected estate agent will mind this, in fact they will encourage it.

Making an offer

Making an offer

Once you have an offer in mind, we’ll contact the seller and make your best offer official – by law we are bound to notify the seller of all offers received. There may be a period of negotiation before a price is agreed. Rest assured we will be with you every step of the way.

Conveyancing

Conveyancing

A conveyancing solicitor, as the transfer of a property from one person to another is a legal transaction. Your solicitor will steer the purchase to exchange and completion, and co-ordinate the release of your mortgage funds.

Valuation and Survey

Valuation and Survey

Once your offer has been accepted in writing you will need to instruct your lender so that a Mortgage valuation can be organised. Your mortgage company should instruct a surveyor to attend your new property to carry out a structural survey.

There are a few surveys, but the building’s age, construction and condition will determine which is used.

Exchange of Contracts

Exchange of Contracts

Very Important part of buying – Exchange is when the signed contracts between the buyer and seller are swapped and a buyer’s deposit is transferred to the seller’s solicitor’s holding account.

The exchange is coordinated by the two respective solicitors and is a legal transaction. At this point you’ll need to make sure your funds are ready; the relevant people are in the right place to sign the contracts and that your solicitor is happy with the details of the purchase.

Once exchange has taken place, you’ll need to set a move in date and book a removal company.

Completion and Move in

Completion and Move in

Congratulations!! Completion is the stage in which the buyer’s money is transferred from the solicitor to the seller and the keys ae released to the new owner.

We understand there are a million and one things to think about through all that excitement, here are some things you may want to consider a priority once you are settled in your new home.

  • Change in address: Ensure your records are updated with your new address (bank, DVLA etc)
  • Utilities: You’ll need to inform them of your completion date. A meter reading will also have to be taken on the day of completion.
  • Council tax: Apply for any refund in overpaid Council Tax and ensure that you have transferred your account to your new address
Get in touch

Get in touch