Buying a house, particularly for the first time can be daunting. The decisions you make when buying a property could save you - or cost you - many thousands of pounds. This is why Gnomen Demo Website will be with you every step of the way.
Do I deal with the website or the landlord directly?
Your dealings will be with our website or the landlord based on the package chosen by the landlord. To make this easy our agent will be dealing with you in most cases from the viewing to the completion of the process. The landlord will contact you directly to discuss regarding the property as we send your details to them if the landlord executes their own viewings.
Step 1.
Register with us for 24/7 access to My Area
To start with the process it is recommended to register with us online so that we will be able to understand your requirements which is most important to find an ideal property for you. As soon as you register with us our expert will evaluate your search criteria and provide you with the details of suitable properties through SMS or Email. Also, you will get 24/7 access to the "My Area section" where you can update your search criteria, arrange viewings and set up email alerts and so on.
Step 2.
How much can you afford?
Before you start your search, the financial arrangement is advised to get a Mortgage In Principle. This conditional offer is created by a mortgage lender and they will offer the loan as per the discussion you have with them.
Our partners, financial advisors, and professionals would be happy to provide you with a free consultation on the available mortgage options and the costs associated with them. You can contact us to find more information.
Step 3.
Put your own home on the market
If you are looking for selling your current home, it is recommended to post your current property on the market before hunting for a new home. By this, you will be in a good position as it will increase the chance of acquiring a home you are dreaming of before somebody else acquires it. We will help you with this, contact us for a free valuation.
Step 4.
Start your property search
Start your search here, we will help you to find the best property you are aiming to own. We keep you informed continuously through email and SMS alerts even before the properties start appearing on our website.
Step 5.
Viewings
Once you have found a property that matches your interest you will have to get in touch with us to book a viewing. Either the vendor or one of our agents will meet you based on the service chosen by them.
Once done, you will be redirected to My Area where the .property will be added automatically to your portfolio and you will be able to pick a timeslot for viewing or you can call us to book an appointment.
Step 6.
Making an offer
If you have found the property that matches your interest you can use My Area to make an offer or you can do it with your agent.
In case if we manage the offers representing the vendor, we will showcase your offer to them in writing and verbally
In the process of price negotiation, as you work with us, we will provide the best support through our expert consultants who will work for the benefit of the buyer and the vendor. Our consultant will work hard to make it easy for you in terms of outcome. Until the contracts are signed there won't be any legal obligations.
Step 7. Offer Acceptance
Prepare a sale memorandum
Price confirmation with all parties
Solicitor and mortgage details confirmation
Now it is time to give instruction to your solicitor to carry out the conveyancing process and proceed with your mortgage application.
Step 8.
Providing instructions to a solicitor
If you want your purchase to be made smoothly without any hassles, it is most important to provide proper instructions to the solicitor. If you need help finding an experienced solicitor, we will help you with your request.
Step 9.
Conveyancing
Your solicitor will:
Get the draft contract from the solicitor of the seller
Perform searches and title investigation
Accept the date for contract exchange
Our team will help your solicitor in this entire process and we'll give you proper updates on every step through our sales progress tracker under the My Area section.
Step 10.
Survey and mortgage offer
Surveying the property will be done by a surveyor who represents the mortgage lender to find any structural issues and provide an assessment of the value of the property. Once the lender receives the survey report a formal offer on the mortgage will be sent to your solicitor and you as well and you are supposed to sign it before you return it. Until the contracts are signed there wont be any legal obligations.
Step 11.
Exchange of contracts
With the exchange of contracts the transaction and date of completion are legally bound with it. The mortgage advance will be paid through your lender whereas the deposit will be sent to the solicitor of the seller.
Step 12.
Completion
The process of buying gets completed when the full price of the purchase is transferred to the solicitor of the seller. We release the keys once we confirm that the money has been cleared in the account of the seller. Congrats on your new property!
