The Bridge Estate Agents know that purchasing your new home is the most important and expensive transaction you are likely to experience. We are here to help you find your new home and provide you all the help you need so you can feel confident that you are making the right move.
To help you understand the complexities of buying your new home, we have provided you with an overview of the procedures involved.
The first step is for you to register your contact details and property requirements. You can do this on the phone, via email or in person at our branch on Edenbridge High Street. Once you have registered you will receive details of properties available that suit your needs.
When you find a property that you would like to view, one of our team can arrange a time convenient for you. Viewings can be arranged week days, evenings and weekends.
If you need a mortgage, we recommend that you speak with an advisor as soon as possible. Your mortgage advisor will provide you with a mortgage agreement in principle (AIP) which you will need when you make an offer on your chosen property. If you don’t have a mortgage advisor in mind, we can recommend one to you.
Once you have found your perfect property, we will submit your offer to the owner for their consideration.
Once your offer has been accepted you will need to instruct a solicitor to act on your behalf. Your solicitor will handle all the legal requirements of your purchase. If you don’t have a Solicitor in mind we can recommend one to you.
The next step is for a survey to be carried out. If you are taking out a mortgage, your lender will arrange for a Chartered Surveyor to report on the value and basic condition of the property. If you would like a more detailed survey on the condition of the property you will need to instruct an independent surveyor. If you don’t have a surveyor in mind, we can recommend one to you.
The draft contract is drawn up by the seller's solicitor and sent to your solicitor for their consideration. Your solicitor will also apply for searches and raise enquiries on your behalf.
Once the mortgage valuation has been completed and your application has been approved, your lender will send a formal mortgage offer to you and your solicitor.
Once the buyer and seller have signed the contract, a deposit (normally 10% of the purchase price) is paid. At this stage, both parties agree on a date for completion, a date must be agreed before exchange can take place.
Completion normally takes place one or two weeks after exchange of contracts. The balance of the purchase price is transferred by the buyers' solicitor to the seller's solicitor. Once we have confirmation that monies have been received by the seller's solicitor, we can release the keys.
Get in touch with our experienced team for a confidential chat about your property requirements today.
We look forward to helping your find your next new home.
IMPORTANT - Should you wish to view a property during pandemic restrictions, you will be required to adhere to all current guidance. As this can change rapidly, we will discuss this with you prior to your viewing appointment and inform you as to the steps required to maintain all party's safety.