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- Mortgage budget planner
- Find out how much you can borrow
- Also get an offer in principle - also known as 'agreement in principle'.
- View properties
- Make an offer to vendor, if rejected you can revise it and make
another
- Appoint your solicitor.
- Agree the fees and when these are payable.
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- Apply for a mortgage, consider buildings
and contents insurance.
- A survey of the property should be carried out on the buyers behalf. This is normally carried out by the mortgage lender.
- Draft contracts drawn up by solicitors, local search carried out
and all property details agreed.
- You should have now received your mortgage offer.
- Start getting quotes from removal firms or other ways of moving furtniture,e tc.
- Order any furniture / carpets etc.
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- The Contracts should be signed by both parties and the deposit should
be paid as Contracts are exchanged. You are now legally bound.
- Organise your removal company and inform utilities etc of your new
address
- (a) Building + contents - this is needed/a requirement as once contracts are exchanged you will be responsible for the insurance of your property. (b) Life cover - provides a lump sum payment towards mortgage if you die with this cover.
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- The balance of the property price is paid to the sellers Solicitor.
- Once the money is received the Solicitors can release the keys.
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- Contact Matching Properties when sale is complete, For
Sale sign removed.
- Draft contracts drawn up by solicitors, local search carried out
and all property details agreed.
- Get quotes from for removal companies
- Agree a date for exchange of Contracts and Completion (moving day)
- Start getting quotes from removal firms or other ways of moving furtniture,e tc.
- Notify utility companies of departure.
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- The contracts should be signed by both parties and the deposit should
be paid as Contracts are exchanged. You are now legally bound.
- Organise your removal company and inform utilities etc of your new
address
- Start packing non-essential items
- Arrange for mail to be forwarded on + settle any bills with milkman / newsagents, etc.
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- Once the money is received the Solicitors can release the keys.
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