Get Financially Qualified If Buying Another Property: Ensure you’re financially qualified and set a budget for your purchase. If you need a mortgage to purchase your property, we’d advise that you’re financially qualified and you speak to your current lender or an independent financial advisor. Either your lender or an advisor should run through a budget planner with you detailing approximate costs of selling and buying and taking into account any savings and equity in your property you may have. Costs to consider will include solicitors charges, stamp duty, mortgage arrangement fee, valuation fee, surveys, estate agents fees and removal costs.
Once you have a budget planned you set economical levels before looking at properties and accepting any offers for the sale of your property.
You can contact your current lender and other banks and building societies directly, or if you would prefer you can speak to our independent financial advisor in our office in Bordon or he can visit your property free of charge. Our advisor can compare hundreds of different mortgages and rates on your behalf and help you make the decision that is right for your personal circumstances.
Get Legally Prepared Early: By instructing a solicitor when you first start marketing your property can save time when you accept an offer and you find a property you like. It’s often best to find a solicitor or licensed conveyancer through a recommendation. If you choose a solicitor, make sure they specialise in property. Conveyancing has a bit of a reputation for slowing down the home-moving process, but If you choose a good firm this is less likely to be the case. As agents we can assist you to get quotes from solicitors and conveyancers that we use frequently or have used in the past.