Countdown to moving day
When you first decide to buy a home, the number of things on your to-do list can feel a little overwhelming. When Andrew & Andrew act as your conveyancing solicitors in Portsmouth, we aim to take on some of your tasks so you can concentrate on enjoying the process. There is a general framework of steps that you go through when you buy a house. We have lots of experience guiding clients through the conveyancing process so we feel confident we can tackle anything that comes along.
Find a house
You want to be sure that you are buying the home of your dreams. Sometimes, people take many months or even years over this part of the process. When they see the right place, they just know and it’s time to take the next step.
Make an offer
At this point, all matters relating to the move are still being conducted through the estate agent. They will pass any offer you make onto the sellers and let you have the response. After some negotiation, you will hopefully work your way to an accepted offer. That’s where Andrew & Andrew, conveyancing solicitors in Portsmouth, come in.
Engage conveyancing solicitors in Portsmouth
Once you have had an offer accepted, give us a call to start the conveyancing process. We will start compiling documents and doing checks while you move on to the survey. We can recommend surveyors, or you can find details through the Royal Charted Institute of Surveyors.
The most basic survey will tell you what the house is worth on the open market. Your mortgage company will need this in order to confirm that the loan they are giving you is the right amount for the value of the property. Surveys over and above this get progressively more comprehensive. The one you choose will depend on the age of the house and any other circumstances that might affect its condition.
Set the date
The two milestones you want to get past are exchange and completion. They are typically quite close together. Exchange is when contracts are completed by each party making the sale legally binding. Completion is when you actually get the keys and can move in.