You've eaten beans on toast for the past year. You've saved a healthy deposit. You've made enquires and got your mortgage in principal. You know have your first parameter.
Instruct your chosen solicitor. Once the memo of sale has been issued to all parties, including your solicitor and the legal representatives of the seller, the legal process begins.
This involves searches, any management pack queries for Leasehold properties, surveys and any enquiries your solicitor raises based on any concerns they have or clarifaction needed.
This is the longest, most anxiety-inducing part of the buying process...but so worth the wait.
Your solicitor is happy with the terms. The mortgage valuation has gone well. Your deposit has been realised. This sale is official.We're at a privital part of the process. Exchange of contracts. The solicitors have reviewed and agree a completion date. The end is near.
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