Guide to Buying
Step 1 Arranging your mortgage
Firstly we would advise you to arrange your finances and, if required, arrange a mortgage agreed in principle prior to starting your property search. This will enable you to set your budget correctly.
We can put you in touch with a local mortgage advisor if required.
Step 2 Register your interest
We would advise that firstly you register with us for property updates by either calling us on 01892 533 367 or visiting our office adjacent to Tunbridge Wells mainline station. We will input your search requirements into our online database and you will be automatically updated on suitable properties. You can also register by clicking here.
Step 3 Finding the right property
After discussing your requirements, we will keep you up to date via email/post or by phone with new properties onto the market that match your criteria.
Step 4 The key to successful viewings
We offer a dedicated and unrivalled service 6 days a week. Our office is open 9.30am to 6.00pm Monday to Friday and 9.00am to 5.00pm on Saturday..
We highly recommend an early viewing appointment in order to secure a property. We will accompany you to your viewing appointments ensuring we are on hand to answer any questions immediately and advise where needed.
Step 5 Instructing a solicitor
Choosing an efficient reliable solicitor can be key to the success of purchasing a property. We are happy to recommended tried and tested local solicitors.
Step 6 Making an offer
Once you have informed us of your offer we will put it forward to the seller in both writing and verbally. We will also state whether there are any special conditions to your offer. It may be requested that you prove you are in a position to proceed. For example by providing proof of cash funds or evidence of your mortgage agreed in principle.
Until the contracts are signed there are no legal obligations.
Step 7 Offer agreed
Once your offer is accepted we will write to all parties to confirm the agreed price and possible conditions of offer. We will ask you to confirm your solicitor’s and mortgage broker’s details so we can prepare a memorandum of sale.
Next you will need to instruct your solicitor and ask your mortgage broker to proceed with your application.
Step 8 Conveyancing
Your solicitor will deal with the conveyancing process and we will help assist. We will keep you up to date along the way.
Once your solicitor receives the Contract Pack from the Sellers’ Solicitors they will apply for searches and ask the sellers’ solicitors questions about the property.
When your solicitor receives answers back from the seller’s solicitor they will be sent to you along with reports from the search results
Step 9 Survey and mortgage offer
A surveyor will conduct a survey of the property on behalf of the mortgage lender. They will advise on the properties value and notify if there are any structural problems.
A mortgage offer will be sent to you to sign once the mortgage valuation report is received.
Step 10 Exchange of contracts
Exchange of contracts will take place once:
- There is evidence of a clean title
- All queries over the lease and local searches are addressed.
- Fixtures and fittings to be included in the sale are agreed
- You have received your mortgage offer
Both parties will sign the contract and then the deposit (usually 10% of the purchase price) will be transferred to the seller’s solicitor.
By mutual agreement the completion date is set. Contracts are exchanged and Completion is fixed. Your solicitor sends the deposit to the Sellers’ Solicitors. You will receive a completion statement and bill from your solicitors. You make arrangements to move in and obtain keys from the Agents
Step 11 Completion (Moving Day)
Completion occurs when the residual monies (generally 90%) are transferred to the seller’s solicitor from your solicitor.
Once the money is cleared funds in the seller’s account we well release keys to you.