Step by Step Buyers Guide

Step by Step Buyers Guide

 

Buying a property is a big step involving substantial long-term financial commitment.

 

  1. Viewings
    Once you have found the property you want, you'll need to make an offer for it. This is done via Oppida Estate Agent. Having an agreement in principle in place is more likely to have Your offer accepted. When the seller accepts your offer, the buying process can go ahead.
  2. Offers and acceptance
    You will need to hire a solicitor or licensed conveyancer they will take care of the legal aspects of the sales.
  3. Conveyancing
    If you are buying with a mortgage your lender will insist on a survey to check the value and condition of the property, normally you will pay for this.
  4. Completion
    When your solicitor/conveyancer are happy with the contract, searches they will send you the contract for you to go through, sigh and return normally with you deposit, this known as reporting to the client. The deposit is usually 10% of the total price. One the solicitor has the contract and deposit they will move forward to an exchange. Once This is done the buyer and sellers are committed to the sale. Walking away from the sale at this stage means you're likely to lose your deposit.