SALE PROCESS

Buying a home with HomeAway

Homeaway Property Management can provide viewings for properties until 6:00pm in the evening and until 5pm on a Sunday.

Buying a house isn’t easy. It can be a lengthy process and it can sometimes take months or even years if you have a particularly tight criteria. Keeping track of where you have been, and what you have seen can be pretty hard in itself, so we strongly recommend make a list of essential aspects you want you new home to fulfill.

Buying a property can be the most stressful thing you will ever do. Our aim is to make that process as straightforward as possible, but the best advice we can give you is to prepare for the long- haul. The purchasing process isn’t simple and with the best will in the world, it may well take a lot longer than you would like. We want you to be fully prepared so if anything you are unsure about please ask us.

We have arrangements with local Solicitors who can help you with your purchase, mortgage specialists who can help you finance and removal companies who can help you pack and move in.

Making an Offer

If you see a property that you like and you wish to make an offer please call us to make the initial verbal offer as soon as you can. We will then contact the vendor to put your offer forward. If the verbal offer is successful, we will normally request that you also complete a formal purchase offer form, which will provide us further information to qualify your potential purchase. The form requires you to confirm the offer amount, your bank details, your offer amount and information about your solicitor and mortgage. We will then hopefully be able to agree your offer with the vendor.

Offer Accepted

If your offer is accepted, the property status would then normally be changed to Sold- subject t o contract. You will need to appoint a solicitor to complete the conveyancing for you and you will normally need to pay them to start the process. If you are taking out a mortgage you will also need to complete the application with your IFA or bank.

If you do not have any solicitor Homeaway can provide you details of local solicitors that purchasers have used in the past who may be able to assist.

Conveyancing

Its very straight forward and normally takes longer than you’d like for one reason and another so be prepared.

Survey

If you are taking out a mortgage you lender will normally carry out a valuation. When purchasing a property it is normally recommended to have a survey completed. Surveys comes in three different types from basic report to full survey.
For more information there is a link you can use :-

www.which.co.uk/house-surveys-explained.

Exchange and Completion

It’s the bit that confuses most if the people but its actually pretty simple. Exchange is the point of no return. Once contracts are exchanged you are legally bound to complete he purchase on the agreed completion date. You should also have arranged building insurance.

At this point funds will change hands and you should be packed and ready to move out of your old house and into the new.