Recaro1
Member
Registered: 25th Mar 02
User status: Offline
|
So, My offer has been accepted on a house today. Whats the process of buying a house? I have a rough idea but need clarity.
I saw an IFA a while ago so I knew how much i could offer. I know I will have to see him again to have the mortgage in writing/agreed. What else do i need to do?
The estate agent said he would ring tomorrow to ask for my solicitors name, which I dont have as i was going to use the one they recommend, but what sort of money am I looking at for the service? (just so I can make sure I'm not being taken for a ride)
Thanks. Any advice welcome!!
|
p4uls corsa
Member
Registered: 2nd May 05
Location: BRADFORD
User status: Offline
|
once offer agreed
survey
mortgage offer in writing from lender
searches
contracts
get keys
[Edited on 26-11-2006 by p4uls corsa]
|
p4uls corsa
Member
Registered: 2nd May 05
Location: BRADFORD
User status: Offline
|
my solicitor is costing £375 set fee
searches £200
survey £380
|
Kerry
Member
Registered: 5th Oct 01
Location: Norwich
User status: Offline
|
you will get an agreement in principle from the lenders underwriters
They will then instruct 3rd partys which will be legals and valuation
When the lender is happy everything is in place they will move to offer stage which is usually valid for 3 months
Once they get the signed offer back they will look to get a completion date which is where your solicitor comes in.
Then final checks are made and the funds are released and you get your keys
Good luck
|
Ally
Member
Registered: 2nd Jul 03
Location: Pontypool Drives: a Skoda
User status: Offline
|
Im sorry but
Offer goes in
stress and numerous phone calls begin
get keys
decorating stress begins 
|
BabyBlade
Member
Registered: 5th Feb 03
Location: Hereford Rides: Ninja 600
User status: Offline
|
quote: Originally posted by Ally
Im sorry but
Offer goes in
stress and alot x 100000000000 numerous phone calls begin
get keys
decorating stress begins 
|
Recaro1
Member
Registered: 25th Mar 02
User status: Offline
|
Well, I got a quote of £600 for the solicitors (plus all the government stuff) is that good?
|
Ally
Member
Registered: 2nd Jul 03
Location: Pontypool Drives: a Skoda
User status: Offline
|
Mine was £300 + £115 for searches so for where u live thats probably about right
|
IvIarkgraham
Premium Member
Registered: 27th Mar 04
Location: Ellesmere Port, Cheshire
User status: Offline
|
quote: Originally posted by Ally
Im sorry but
Offer goes in - done it
stress and numerous phone calls begin - doing it now
get keys - hopefully soon
decorating stress begins - doesnt need decorating

|