Buying a House?

Buying a property can be both exciting and daunting. Aspire Estate Agents will help guide you through the various stages involved in getting you settled into your new home. The following guide is a summary of the steps involved in the buying process.

Preparing your finances

A mortgage is a loan taken out to buy property or land. Most run for 25 years but will vary. The loan is ‘secured’ against the value of your home until it is paid off. Aspire Estate Agents advise that you speak to an independent financial advisor, who will have access to most lenders and the various deals offered.

 

Decide the type of property you are looking for

There are several points to consider when searching for your ideal home. By contacting Aspire Estate Agents we can guide you through the process.

 

Arrange Viewings (Aspire Estate Agents offer viewings 7 days a week, including evenings)

The average house viewing lasts 20-30 minutes so it is good practise to write a checklist of concerns and queries while visiting the property, so not to forget anything important that you wanted to ask.

Submit offer & enter negotiations

It is unlikely that seller will accept your first offer unless it is at the asking price. You should work out how much you are willing to propose before entering negotiations. Aspire Estate Agents recommend that you devise a list of reasons to put forward if you are offering under the asking price.

 

Instruct your chosen solicitor or conveyancer

It is essential to choose the right solicitor when purchasing a house as it will impact the progression of the sale. Aspire Estate Agents will assist you in selecting the best company possible.

Complete the Mortgage Application Process

When your offer has been accepted you will meet with your financial advisor to complete the mortgage application. Once all the paperwork has been approved, the mortgage company will direct the survey to go ahead. After the survey provides you with your valuation, you should receive your mortgage offer.

 

Exchange Contracts

When all the legal paperwork has been signed off and a completion date has been agreed between you and the seller, your legal representative will invite you to review and sign the contracts. These are then exchanged with the sellers solicitor. Aspire Estate Agents will help you all the way through.