6 / 48
4
10 STEP GU I DE
HOMEBUYERS
1)
Obtain financial advice from a bank or financial advisor
so you know what type of property you can afford to buy
2)
Find a property that suits your requirements, make an
offer through the estate agent that arranged your viewing
3)
Acquire advocate quotes, choose an advocate, forward
advocate details to the estate agent ideally within 48
hours of having an offer accepted
4)
Contact your financial advisor/mortgage provider to let
them know you have found a property and provide all
financial details required
5)
Instruct and pay your mortgage provider for the survey,
follow up the survey and check the results, your
mortgage offer should follow within a few days
6)
Contact your advocate and pay for the searches
7)
Once your mortgage offer is accepted and all legal
questions are answered you will be able to agree dates
for the exchange and completion of your property
purchase
8)
Ensure you pay your deposit and make an appointment
to sign all outstanding paperwork with your advocate
including the contract.
9)
Exchange contracts and then arrange a completion date
normally 2 weeks apart.
10)
You need to make arrangements to collect your keys
either from the house you are buying or from the
estate agent or advocate. Congratulations
* IMPORTANT- Keep in touch with your financial advisor, advocate and estate agent,
always return their calls asap and return documents when requested. Depending on your
circumstances sales can take between 2 weeks and 3 months with the average for a first time
buyer being 10-12 weeks.