Man & Co

020 8206 9930

Buying Process

1 Arranging your mortgage

Whether you are a first-time buyer or an investor, we can help you get the best mortgage! Face-to-face FREE mortgage advice to suit your needs.

2 Register your interest

Register your information and details of the type of property you are interested in and we will keep you informed of any new properties coming in that match your criteria. You can register with us online, or you can call anytime at 020 8206 9930 and we will be happy to talk to you.

3 Finding the right property

Getting your foot on the property ladder can be hard, so we do all we can to ensure you set off on the right foot, by helping you find the property of your dreams.

4Instructing a solicitor

You will need to hire a solicitor or licensed conveyancer to take care of all the legal aspects of the sale.

5 Making an offer

Once you've found the place you want, you'll need to make an offer for it. This will be done through us, in writing. You need to prove the funds availability. If the seller agrees to the offer then the buying process can go ahead.

6 Offer agreed

Once the Seller accepts your offer, we will contact both parties Solicitors and the Seller and we will confirm the sale.

7 Conveyancing

At this point, the Solicitor will take care of all the aspects of the Sale.

8 Survey and mortgage offer

You can instruct a local surveyor to check the property before you go ahead. However, if you are buying through mortgage, the lender will send a surveyor to value the property. Once the lender receives the report from the surveyor, will send the mortgage offer to your Solicitor.

9 Exchange of contracts

If your solicitor/conveyancer and surveyor are happy, now is the time to sign the contract and exchange with the seller. At this stage you have to pay a deposit; usually 10% of the total price. Once this happens the buyer and seller are committed to the sale. Pulling out of the deal means you're likely to lose your deposit.

10 Completion

This is where the property actually becomes yours. You get the keys and the deeds...but there are some bills to pay:

  • The remaining cost of the property (usually 90%). This is transferred from your mortgage lender to your legal representative and then to the seller's representative.
  • Your solicitor or conveyancer's fees.
  • Stamp duty (a government tax). Payments will be arranged by your solicitor or conveyancer.

Congratulations, you now own your first home!