Purchase Process

Investment Amount

Once you have decided how much you want to invest in building your portfolio, we will discuss with you the properties and price range available.
We will then provide you with details on specific properties including the projected rental return.

Property Viewing

If you would like to visit the area and view properties, we would be pleased to arrange this and meet you to show you available properties.

Property Reservation

Demand for properties is very high; therefore we schedule the sale of each property for a specific completion date. We will advise you of this when discussing individual properties with you and if the timescales are not convenient for you, for example; holiday or business commitments, please tell us and we will offer you an alternative property.
To reserve the property, you will be sent a Solicitors Instruction Form for signature. This is your instruction for an approved Solicitor to act on your behalf, and should be returned together with the Commitment Fee.
Upon receipt, the property will be reserved for you and removed from all further marketing.

Mortgage Application

We would be pleased to arrange for you to either visit our offices or where possible visit you at home to assist you in completing the Mortgage Application Forms and collate the necessary documentation. We will let you know prior to our visit the documents that will be required to support your application to give you time to prepare them and have them ready. We will also ask you for the Valuation/Submission Fee to accompany the application.
The application will then be packaged and sent to the Broker for processing.
When the required searches have been carried out the Broker will contact you to discuss the mortgage options, based on your circumstances and requirements.

Administration

We pride ourselves on providing a friendly and efficient service. To assist in this, we ask that during the purchase process that any information requested of you, including documents requiring signature, from the Solicitor, Mortgage Broker or the Lender are signed and returned as soon as possible.
We will keep you informed of progress throughout the process and if you have any questions at any time, we are always happy to help.

Mortgage Process

Once the mortgage has been approved in principal you will be sent a product confirmation letter together with any documents requiring signature, ie Lender Declaration and Direct Debit Form plus a request for any further information, if necessary. Please return these as soon as possible.

Valuation

A Surveyor will be instructed to carry out a valuation of the property on behalf of the Lender for mortgage purposes.

The Legal Process

Your Solicitor will contact you direct and guide you through the legal process of your purchase. All documents sent to you for signing need to be returned as soon as possible to avoid any delays.

Property Insurance

We will arrange buildings insurance on your behalf.

Mortgage Offer and Completion

Once the mortgage process is complete you will receive a mortgage offer from the Lender outlining the product you have selected and a copy will be sent to your Solicitor.
At this point your Solicitor will ask you for the required deposit together with the Fixed Completion Fee. Please only pay by Telegraphic Transfer as this is an instant payment method and ensures delays are avoided.

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