When an offer on a property has been accepted, Raine & Horne will need your solicitor's details as soon as possible to start the sales process. Your chosen solicitor will handle all the legal aspects of buying a property, this is known as conveyancing for which you are required to pay all the solicitors fees. The staff at Raine & Horne Legal are a fully qualified team who would be more than happy to assist you in your conveyancing requirements.
Once your offer on the purchase has been accepted you will need to finalise your mortgage arrangements. At Raine & Horne our recommended finance team have years of experience in this field, with the advantage of using 100's of lenders they are more than happy to assist you in your new mortgage. Once your mortgage has been finalised you will be required to provide Raine & Horne with your proof of funding. Most lenders will also survey the property to work out if the property is suitable as their security. You can pay for a more detailed survey that may point out any problems with the property:
Once your solicitor has carried out all necessary searches and the contract terms have been agreed, the contracts can then be exchanges. The contracts are binding once each party has signed the contracts and they have been exchanged. The contracts will include a completion date which is the date the property is to become yours. At exchange of contracts any deposit needed has to be paid also at this stage you will need to arrange buildings insurance.
This is the day when your solicitor will have completed the purchase on your behalf and the property is vacant for possession. The Transfer Deed, the document confirming you as the new owner, will then be sent to the relevant registry for an update to the title showing you as the new owner.
The property is now yours, time for you to move in. You may need the assistance of professional movers to help with the move.
These may include: