Purchasing a new home is an exciting time but it can also be rather stressful, as the process can be slow and complicated.
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Here we outline the five main steps in the process so that you know exactly how
to proceed and what to expect with your property purchase.
Step 1: mortgage
If you are purchasing a property with a mortgage, you are likely to already
have spoken to a financial advisor or mortgage broker so that you know what you
can afford. Once you have had your offer accepted, you will need to proceed
with a formal application for the mortgage. A valuation will be arranged so
that the mortgage provider can ensure the property is worth the sale price.
Step 2: instructing a conveyancer
It is important to instruct a conveyancer promptly so that the purchase can
proceed as quickly as possible. The conveyancer will handle …