 |
When your offer is accepted we will need:
|
| |
| |
Your solicitor’s
details including company name, address, contact
numbers and e-mail address. |
| |
Details of your mortgage broker
(name and telephone number) and lender (if you know
it).
|
|
|
When we have the above details, we will write to
all parties confirming the agreed price, the tenure
of the property and what is included in the price. You
should make sure that you agree with the contents of
this letter.
|
|
When all the details are received and confirmatory letters
sent out, the property will be classed as ‘under
offer’. It will be removed from the market and remain
so for an initial period of three weeks. At the end of
this time, providing solicitors have been instructed,
the valuation confirmed and the vendor happy with progress,
the property will remain off the market.
|
|
As things move along, it is up to you to make sure that
mortgage advisors and solicitors progress and that they
are not waiting for information or funds from you.
|
|
We will contact you each week to make sure we are all
satisfied with the direction things are taking. If you
have any queries or concerns do not hesitate to call the
office.
|
|
When the vendor’s solicitors have title deeds
and have received the usual pre-contract documents from
their client, they will send a contract and supporting
paperwork to your solicitor. Your solicitor will go through
these papers and raise any relevant enquiries; this can
be time consuming and frustrating but it is necessary.
|
|
Your solicitor will apply for a local authority search
and will expect a mortgage offer to be sent. When these
are received and your solicitor has approved the contract
you will be asked to go through the paperwork and sign
the relevant documents. At this stage you should ensure
that you have cleared funds to pay the agreed deposit.
|
|
When the contract is signed, your solicitor will exchange
with the vendor’s solicitors and a completion (moving)
date will be agreed. You should ensure that you are happy
with this date (that it fits in with work commitments
etc… )
|
|
Completion day! This is the day you move in. Keys will
usually be available from our office after 1pm but we
cannot release them until we have been told that our client’s
solicitors have received all funds. This can often take
longer than expected, especially if there is a chain involved.
Please be patient.
|
| |
This is the end of the process.
The property is now yours! |
