Buying property can be a complicated process. This step-by-step guide is designed to walk you through the process of buying property.
Step 1 Arranging your mortgage
Before you begin your property search, it is advisable to arrange your finances and, if required, have a mortgage agreed in principle. This will confirm how much money you will have to fund the purchase, which will ultimately influence your property search.
Our team includes mortgage and financial advisors recognised within the mortgage industry as among the best in the country. With their wide experience, you can be confident that their advice on what is best for you is reliable. Why rely on what you are told by just one bank or building society, when one conversation can give you access to so many more? One advisor, 90 lenders, 11,000 mortgages - just a phone call away.
Call us on 0800 085 0118 or complete the email enquiry form and we will respond to you.
Step 2 Register your interest
The first step to finding the right property is to register with us either by calling us on 01743 284990 or visiting one of our 8 branch offices where you can discuss your property requirements with one of our local agents.
With hundreds of properties to choose from you can rest assured we have just what you're looking for.
Step 3 Finding the right property
Once we have a clear understanding of your requirements you will receive a selection of properties that match your criteria. We can also keep you constantly up-to-date via email and SMS alerts when the latest properties become available.
Step 4 The key to successful viewings
We're open at times to suit you, convenient for viewing after work and at weekends: our offices are open Monday to Saturday. In addition, our phone lines are open seven days a week.
Step 5 Instructing a solicitor
The successful purchase of a property can be reliant on the instruction of an efficient and experienced solicitor. It is a good idea to use a solicitor who knows the area that you're moving to and specialises in conveyancing.
Step 6 Making an offer
Once you have identified a suitable property we will put your offer forward to the seller, both verbally and in writing, stating any special conditions of the offer. You may need to demonstrate, if requested, that you are able to proceed (e.g. provide evidence of your mortgage agreed in principle).
There are no legal obligations on either side until contracts are signed.
Step 7 Offer agreed
Once your offer is accepted we will do the following:
- Prepare a memorandum of sale
- Write to all parties to confirm the agreed price
- Ask you to confirm your solicitor's and mortgage broker's details
You will now need to instruct your solicitor to proceed with the conveyancing process and your mortgage broker to proceed with your application.
Step 8 Conveyancing
As part of the conveyancing process your solicitor will do the following:
- Raise any enquiries on receipt of the draft contract from the seller's solicitor
- Request their own local searches
- Agree on a date for exchange of contracts
We will assist your solicitor and negotiate throughout the process, keeping you informed every step of the way. When you use the DB Roberts Conveyancing service, you can be assured that you will be in the hands of experienced professionals who will represent your best interests while doing their utmost to ensure a smooth transaction on a suitable timescale.
Step 9 Survey and mortgage offer
A survey of the property will be booked by a surveyor on behalf of the mortgage lender to identify any structural problems and advise on the property's value.
After the mortgage valuation report is received, a formal mortgage offer will be sent to you and your solicitor which you will need to sign before it is returned.
There are no legal obligations until contracts are signed.
Step 10 Exchange of contracts
Exchange of contracts occurs when all enquiries have been confirmed and agreed. Once the contract has been signed by both parties the deposit (usually 10% of the purchase price) will be telegraphically transferred or paid in the form of a banker's draft from your solicitor to the seller's solicitor.
The completion date is then set by mutual agreement.
Step 11 Completion
Completion is when the residual monies (usually 90%) are transferred from your solicitor to the seller's solicitor's account. We will release the keys once the money has cleared in the seller's account.
Congratulations, you are now the legal owner of your new home!