Buying a property
Buying a house is one of the biggest financial decisions that you will make in your life. It can be a fairly complex process, but luckily there is a lot of good advice around helping you to make your home-buying experience as easy and problem-free as possible.
It is important to have a good understanding of the process as it will help you to avoid some of the most common hazards of home-buying. Here's a step by step diagram to show the home-buying process to help you to understand how it all works, how to plan it and what to watch out for.
1.
Seek mortgage advice
Talk about your options
2.
Get a mortgage
agreement in principle
3.
Find your new home
and make an offer
4.
Choose a conveyancer
Legal work begins
5.
Lenders inspections
survey and valuation takes place
6.
Conveyancer checks
Searches, enquiries and contracts
7.
Get your paperwork in place
final mortgage offer & life insurance
8.
Exchange contracts
you’re almost there!
9.
Start packing
Organise your move, bills, post redirect
10.
Finalise your contract details
and complete the purchase
Collect your keys and celebrate!