HOME BUYERS GUIDE
To help guide you through the process Monopoly have written a 10 step HOME BUYERS GUIDE
YOUR BIGGEST PURCHASE - DO IT RIGHT
THE MOST IMPORTANT THING A BUYER OR SELLER CAN DO IS:
Keep in touch with your financial advisor, solicitor and estate agent. Always return their calls, return documents when requested and reply to any questions or queries raised asap.
Depending on your circumstances a property sale from sale agreed to completion can take between a few weeks and 4 months with the average for a first-time buyer being 10-12 weeks.
MONOPOLY BUY SELL RENT - BUYING GUIDE
1
Obtain financial advice from a bank or mortgage advisor so you know what type of property you can afford to buy. Monopoly Buy Sell Rent can recommend whole of market mortgage advisors.
2
Find a property that suits your requirements. Think carefully about what you really need and what you can afford. Arrange viewings and then if you want to make an offer do so via the estate agent that arranged your viewing
3
Acquire solicitor quotes, and choose a solicitor. Then forward solicitor details to the estate agent, ideally within 48 hours of having an offer accepted. Monopoly Buy Sell Rent can recommend Solicitors
4
Contact your financial advisor/mortgage provider to let them know you have found a property and provide all financial details required
5
Instruct and pay your mortgage provider for the survey (if they don’t provide one free of charge). Follow up the survey with an independent one if you want to or if you have any concerns. If the mortgage survey goes well your mortgage offer should follow within a few days
6
Respond to your solicitor asap who will have sent you client care paperwork to complete, provide your ID and pay for your searches.
7
Once your mortgage offer is accepted and all legal questions are answered you will be able to agree dates for the exchange and completion of your property purchase
8
When the solicitor asks, arrange an appointment to sign all outstanding paperwork including the contract (your solicitor can send you the paperwork to sign if they are not local)
9
Exchange contracts and then complete; sometimes on the same day but more usually 1 week apart
10
Talk to the estate agent to make arrangements to collect your new keys either from the house you are buying or from the estate agent or solicitors offices. Congratulations!
* IMPORTANT- Keep in touch with your financial advisor, solicitor and estate agent. Always return their calls asap and return documents when requested. Depending on your circumstances finding a buyer to completion can take anything from a few weeks and 4 months with the average for a first time buyer being 10-12 weeks.
WE'RE HERE TO HELP
Monopoly Buy Sell Rent phone lines are answered 24/7 365 days a year, so we are very easy to contact around your work and family commitments.
Or find our properties on all the property portals
For phone and email details see the details for your local branch on the dropdown at the top of this website
