Guide to buying

GUIDE TO BUYING

Most of us don’t regularly buy a house, so it’s no wonder the home-buying process can seem a little confusing at times. However, it’s not as complicated as it can seem. We’ve laid out the steps below to help.

Get your finances in order

The very first step for buying a new home is to check how much you can borrow, see how much your deposit will need to be and get a mortgage agreed in principle. This doesn’t tie you into anything – you can always choose a different provider later.

Find your dream home

Now for the exciting bit – choosing a home. You can search our homes by location or  development

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Find a solicitor

A solicitor takes care of all the legal aspects of the home buying process. We can help you to find one that specialises in conveyancing (preparing the property transfer documents) and offers helpful advice and competitive fees. Get a valuation

To find out information on finding a solicitor, please visit one of our developments and speak to a sales adviser who will be able to help.

Reserve your home

Now you’ve got your finances in order and found a solicitor, it’s time to reserve your dream home. Once your home is reserved, no one else will be able to reserve it.

Arrange your mortgage

There are plenty of options to consider when it comes to a mortgage. Once you’ve done your research (or spoken to a mortgage adviser – we can put you in touch if you like) you can select the option that’s best for you.

Get a valuation and survey

Your mortgage lender will want confirmation the property is worth what you’re paying for it. They’ll organise the valuation for you – this will involve a fee. The survey checks the condition of your new home.

Complete legal work

Your solicitor will look after this for you. It’s all about formally transferring ownership from the developer to you (known as conveyancing), and checking there are no legal obstacles in the way, like local plans that may effect the value of the property with in the future.

Exchange contracts

Once the legal work is complete, your solicitor will exchange contracts with the seller. This is when you pay your deposit and commit to the deal taking place.  You can now organise your move!

Complete and move in

On the date of completion, you become the legal owner of your new home. The full cost of the property is transferred from your solicitor to the seller.

Then the keys are yours and you can move in!

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