We will select homes for potential viewing based on a thorough assessment of what you want and need in accordance with your financial commitment to buy, and what is available in the market. We will also look at the option of approaching properties not currently on the market, and which may consider selling if the right opportunity presents itself.
Getting Started
Your Purchasing Power:
It is important for buyers to have their finances in place, with a clear understanding of their monthly mortgage commitments, if applicable. We, and more importantly sellers, will expect proof of your finances, such as a ‘pre-approval letter’ or ‘Agreement in Principle’ from your lender, before selection and viewings of prospective properties take place. You may well approach your bank for such an arrangement. However, we work with preferred mortgage brokers should you need any assistance on this matter.
Instructing a Solicitor:
We would also advise you to have a preferred and proactive solicitor in place from the onset, so that once your offer has been accepted, the conveyancing process can begin without hesitation – all necessary property searches, home inspection and surveys to satisfy all parties involved before exchange and completion can take place. If you need assistance on selecting a solicitor, we can help with recommendations.
Viewings
It is important to keep an open mind on every potential property you select to view from the range we source, based on your requirements. We will personally assist you in making every viewing informative by guiding you on how to imagine what each space, along with fixtures and fittings, could potentially look like if it was your home or investment.
We will create an itinerary of all potential properties, date and time of booked viewings, confirming all details by email, along with a reminder 24-hours beforehand. We appreciate things may get in the way and viewings may need to change, or there may be a delay in arriving on time. Therefore, we will appreciate being informed as soon as possible on the contact number that will be provided beforehand.
Post-Viewing
We will require your feedback on each property as courtesy so that we can inform the homeowners. Your honesty serves as an indicator to the seller on how the current market, (the ‘buyer’) is receiving their home. In addition, it helps us to better understand your requirements before making alternative suggestions.
Making an Offer
Once you have selected the right property for you, the next step will be to make an offer which you can do by calling or emailing us. At this stage of the process, we need a complete understanding of your financial position with proof, will your purchase be pending the sale of your current home, and will there be a chain involved. If you require a mortgage for your purchase, we will require to see an agreement in principle from your lender along with proof of the 10% initial deposit
As you can appreciate, a complete understanding of your circumstances will be required. If you are getting financial assistance elsewhere, such as the bank of ‘Mum and Dad’, we will need to see their financial statements to that effect.
During this stage, formal identity checks as part of Government and industry guidelines will also be conducted. We will provide you with details and instructions on what is needed from each buyer. All personal details will be treated with the utmost confidence and for the purpose of the transaction alone.
Looking for your next home or investment requires commitment and trust on both sides, and we will ensure the process is smooth and efficient for you every step of the way.
Offer Accepted
Once your offer has been accepted, and all checks have been verified along with proof of funds, we will prepare a Memorandum of Sale. We will also expect a solicitor to be instructed by you during the start of your search. Their details will be needed for the purpose of the memorandum, along with that of the seller’s. Without it, the conveyancing process will not begin.
During the conveyancing, your solicitor will conduct the necessary searches from various authorities and request the title deed for your chosen property. This will incur an initial cost, so please make yourself aware of your chosen solicitor’s methods of operating including necessary costs for all searches.
The solicitors’ for both parties will engage and questions will be asked, before both solicitors are in agreement. We will ensure you are kept informed of what transpires throughout this process, along with the seller, by checking in regularly with both solicitors’.
Be informed, if you are purchasing with a mortgage, a Mortgage Valuation Report will be requested by your lender once they have been informed of your accepted offer. Your lender will make the arrangements for this and contact us on a suitable time and date. Please clarify the cost of having a mortgage valuation with your lender beforehand, so you are clear on all costs and options.
Exchange and Completion
You are almost there! When all parties are in complete agreement, the next step is to set a date for exchanging contracts upon transfer of a 10% deposit of the purchase price, (unless otherwise agreed), to your solicitor. At this point, the deposit is non-refundable and the contract is legally binding.
Completion of all particulars - transfer of ownership and remaining balance to the seller - will be agreed by both parties, and keys will be passed onto the new owner once this has been confirmed.