How to buy a property in Horsham
We believe that buying a home should be as straightforward and stress-free as possible. Take a look at the key stages below to help you understand the process that you will go through when buying a property. Once you are familiar with this process, why not have a look at our properties for sale?
1. Save your deposit
Generally speaking, most mortgage lenders require at least 10% of the value of the property to be put down to secure your loan. This figure is just a guide however, and terms may differ between lenders.
2. Secure a mortgage
Before you begin looking for a property you will need to clarify exactly what type of mortgage you can get, and for what amount. Factors influencing your mortgage offer may include your age, employment status and earnings. Our in-house mortgage advisor will be able to advise you on all of the options available to you.
3. Find a property
Once you know how much of a deposit you have and the size of the mortgage you have been offered, you are in a position to start looking for your new property. Take a look at our properties for sale, or if you have specific requirements, please contact us to let us know so that we can keep an eye out for exactly what you are looking for. If you already own a property in the local area and need to sell it in order to move, then ask about the special service where we can help local sellers find their ideal house.
4. Make an offer
When you have found a property you like and are in a position to make an offer, we will negotiate with the seller on your behalf. All offers are confirmed to the seller both verbally and in writing.
5. Confirm a conveyancing solicitor
If your offer is accepted you will need to commission a solicitor to handle the conveyancing process for you. We can recommend a qualified professional who can offer a competitive fee if you would like our help with this.
6. Exchange contracts and complete your purchase
Your solicitor will handle the legal side of the property purchase for you. Once the legal process is complete, and you have your mortgage offer in place, they will arrange for you to sign a legally binding contract and agree a date to complete your purchase. Once the funds are transferred on completion day, you will be given the keys to your new home !, funds will be transferred and you will be given the keys to your new home! Although the sales process can, in theory, be concluded in a day, it normally takes between 12 and 16 weeks.
