Neil Wright Estate AgentsHouses for Sale in the Settle – Bentham – Yorkshire Dales

Buying

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 recommended mortgage brokers have access to the entire market, as well as exclusive deals and rates to help find you the best mortgage available.

Step 2 – Register your interest

The first step to finding the right property is to register with us either by calling us on 01729 825219 or visiting one of our offices where you can discuss your property requirements with one of our local agents. You can also register your interest about a specific property online if you are short of time.

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 up-to-date via email and through our social media channels when the latest properties become available.

SEARCH FOR A NEW PROPERTY TO BUY

Step 4 – The key to successful viewings

We’re open at times to suit you, convenient for viewing after work and at weekends:

Monday to Friday 9.00am – 5.30pm

Saturday 9.00am – 3.00pm

In order to secure a property we recommend an early viewing. At your viewings we accompany you throughout so that we are on hand to answer any questions immediately and advise where necessary.

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.

We have a selection of tried and tested solicitors that are experts in property who we would be happy to recommend.

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
Refer to the information already provided in the seller’s Home Information Pack
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.

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!