1) Mortgage Advice
Whether you’re ready to put an offer in or haven’t yet saved for a deposit, book an appointment with a mortgage advisor. They are qualified professionals and will get you finance ready. If you haven’t yet spoken to an advisor and need a contact, speak to Dominique Barker from Moneysprite East Point, she is your local advisor covering the East and London. 03454504660 or 07824876857. Alternatively email her on dominique.barker@moneysprite.com
Always know you are free to use any advisor you choose
2) Deposit
If you have already saved a deposit, you’ve done the hard bit and you're totally awesome. If you haven’t don’t worry just pop yourself back to step one and speak to an advisor
3) Looking for a property
Now you know your budget you can start looking for properties, its helpful to write down what are absolute needs and what are wants. Try and look at as many properties as you can, you will quickly learn what you can and can’t get for your budget. Register with your local Estate Agents so you are on the mailing lists for new properties to be the first to view
4) Offering
You’ve found the right property now it’s time to secure it. There are different ways in how Vendors sometimes want to take offers. They could be taking open offers or closed offers. Check with your agent to be sure. Any offer made, the agent has to put forward to the vendor by law
5) Solicitors
Now you have had an offer agreed, its time to instruct your solicitor. If you haven't yet found a solicitor take a look at the law society website or alternatively feel free to get in touch with ours, the Director here at Esprit has worked with him for 10 years in the property world
Phil Freeman - Marcus Baum BTMK Solicitors
philip.freeman@btmk.co.uk
BTMK are not regulated by the Financial Conduct Authority
6) Exchange
Your solicitor will advise you when you are ready to legally exchange, you will be responsible for the property at this point and need to place insurance on risk. You will either complete on the same day or a delayed completion
7) Getting the Keys
Your Estate Agent will liaise with you regarding the keys, then most importantly pop open the champers and celebrate.
Your home may be repossessed if you do not keep up repayments on your mortgage
