Avon Property | Estate Agents in Lee, Hither Green and Lewisham
 

Buying Process

Skip to step...

Arranging your mortgage

The point in life when you’re ready to buy a house is an exciting milestone for most of us. Before you begin your search and look to arrange viewings it’s important to check what you can afford to buy and have a clear budget in mind. Speaking to one of our recommended mortgage brokers to arrange an agreement in principle (AIP) is the first job to tick off the list. Once you have an AIP you can view properties and then make offers which carry weight and put you in a strong position as a buyer without the risk of losing out on your dream home to someone else that has already arranged their AIP.

Register your interest and start viewings

Now you know your budget it’s time to start your search! Checking out the property portals is a great start and you can registering for property alerts on our website. When you see a property you like the look of contact us to arrange a viewing or to request further information. We aim to accompany all viewings and can also transport you between stations and properties if you require this.

Finding the right property

You’ve found the property that suits your needs and have had an offer accepted! It’s now time to make an offer and enter into negotiations with the vendor. Once both parties have agreed a price and terms it is time to return to your mortgage broker or bank and complete your full mortgage application and instruct a solicitor to act on your behalf.

Choosing a solicitor

The solicitor will look after your interests and make sure you are fully aware of what you’re buying. We can recommend a solicitor to you and this will be a solicitor whom we have a close working relationship with and can regularly communicate with which we feel helps a purchase to move as smoothly as possible.

Conveyancing

The process of conveyancing involves your solicitor making the relevant enquiries about the property you’re buying and ensuring that both you and your mortgage lenders interests are taken care of. The solicitor will raise queries with the sellers solicitor, conduct searches on your behalf and agree a contract with the sellers solicitor.

Survey and mortgage offer

Your mortgage lender agreed in principle to lend money to you as a buyer and now you’ve found a property they will need to be comfortable with the property and ensure that it meets their requirements for lending. They employ a surveyor on your behalf in order to ensure that they agree on the value of the property you’re buying and they will also provide your solicitor with a list of requirements that need to be met. Once the lender is happy with the property they will issue you with a formal mortgage offer.

Exchange of contracts and completion

Nearly there! Now that the conveyancing work is completed and the mortgage offer has been issued you’re ready to exchange contracts and agree a completion date, again this is handled by your solicitor and the sellers solicitor. Next stop is to pick up the keys upon the completion date and celebrate owning your new home!

Content © 2018 Avon Property    Website Built by Estates IT Limited   Powered by PCHomes Estate Agent Software    +Site Map    Privacy