A Buying Guide

Edward Clark Estates in Grays Sold

Whether it be your first time purchase or a secondary move,- buying a house really is a big deal and no one feels that more than the team at Edward Clark Estates. That’s why we do everything we can to take the stress out of moving for our buyers and make it the exciting time it should be.

Here is a guide to the buying process:

Make An Offer: So you have found a property you like and you would like to make an offer, but what do you offer? This can depend on your buying position whether you are in a chain or chain free, dependant on selling a property and have your mortgage agreed in principal. Make an offer on what you feel the property is worth and remember a property is only worth what someone is prepared to pay for it.

Instructing Your Solicitors: Once your offer has been accepted, it is time to get the legal process started. Edward Clark Estates have a panel of solicitors they recommend to make the process as smooth and as painless as possible.

Searches & Mortgage Offer: As the legal process begins you should also be speaking with your Financial Advisor regarding your mortgage. The mortgage offer usually runs parallel with the legals. Make sure you have paid and instructed your survey and paid for your searches to the solicitor. So while your Financial Advisor is chasing the mortgage offer your solicitor will be applying for searches and raising preliminary enquiries. If you have any queries you wish to raise regarding the property now is the time to do so.

Exchange Of Contracts: So all the enquiries gave been answered, and the search results are in, your mortgage has been offered. Your solicitor will now call you into the office to arrange for you to sign contracts. At this stage you need to be arranging to draw down your deposit monies and pay into your solicitor’s bank. Once yourself and the vendor (and the rest of the chain if necessary) have signed contracts, and deposit monies are clear, the solicitor will then begin release of contracts. Once exchanged this will then become legally binding.

Completion Day: So the long awaited day is finally here... it’s moving day! It usually takes up until midday for monies to clear and keys to be released. Your estate agent will call you once they have the keys for you to collect and then it is yours!

Happy House Hunting!

To view a list of available properties click here....

Cookies We use cookies to ensure that we give you the best experience on our website. To find out more about our cookies policy, see our cookies policy here or in the footer.