Freehold Purchase Guide

Initial Steps and Our Investigations

• Receive a draft Contract and supporting documentation from the Seller’s Lawyer and send you a preliminary report
• Raise additional enquiries with the Seller’s Lawyer
• Carry out all necessary searches
• Received a copy of your survey report and let you have our comments
• Receive a copy of your mortgage offer from your Lender and advise you

Signing the Contract

• Send you a full report with the Contract for signing when all of the above matters have been dealt with to our and your satisfaction

Exchange of Contracts

• Proceed to exchange of Contracts and agree a completion date
• Exchange of Contracts will commit the parties (make the transaction legally binding) to the Contract to complete the transaction on the completion date

 Preparing for Completion

• Prepare the Transfer Deed and forward it to the Seller’s Lawyer
• Carry out final searches
• Request the mortgage funds from your Lender
• Prepare our financial statement and request funds for completion

Completion

The completion date is the date that you will be able to move into the property.